Month: April 2022

CBN Governor, Godwin Emefiele has said the apex bank will consider the advice of the International Monetary Fund to review…

CBN Governor, Godwin Emefiele, says Dangote Refinery will reduce Nigeria’s import bill on petroleum products and other commodities by 40%.…

World Bank has advised Nigeria to rethink its policy of making a provision of N4 trillion for petrol subsidy payments…

Nigerian Airports witnessed increased patronage between January and December 2021. As the number of air travelers rose to 15.23m from…

African Export-Import Bank (Afreximbank) said it plans to assist Nigeria from the $4 billion Ukraine Crisis Adjustment Trade Financing Programme…

States have asked the FG to refrain from deducting from funds accruing to them and all LGs councils as liquidation…

Eden Tanzania Limited has been ordered to pay Tanzania Breweries Limited (TBL) Sh606.7 million. This is for breach of contract…

Energy and Petroleum Cabinet Secretary Monica Juma said in January the cost of power would come down by March 31.…

Two aircraft leasing firms have rejected Kenya Airways’ proposals to reduce the cost of hiring their planes in a row…

The government has raised Sh27.6 billion from the sale of the fifteen-year bond which had targeted to raise Sh30 billion.…

The President of the World Bank Group, Mr. David Malpass has once more reiterated the need for FGN to reconsider…

Coleman has successfully paid back series two N3.804 billion under its N20 billion CP Issuance Programme on the FMDQ Exchange.…

The World Bank has disclosed that import restrictions and non-flexible exchange rate management of the Central Bank of Nigeria are…

The Federal Government is looking at ending tariff shortfall, averaging N200 billion yearly, in the power sector by the end…

The CBN has disbursed N975.61bn to farmers across the country under the Anchor Borrowers’ Programme. Figures obtained from CBN showed…

Nigeria’s external reserves rose by $243.83m in 19 days, according to figures obtained from the Central Bank of Nigeria. CBN…

About 131,376 workers, who retired from active service, cannot be placed on monthly pensions, says National Pension Commission. PenCom said…

The share of the government’s domestic debt held by individuals and other non-financial institutions increased 38% or Sh74 billion in…

IMF has said Nigeria’s economy would grow by 3.4% in 2022 in its latest world economic outlook projections. It revealed…

As the controversy surrounding the introduction of 15% NAC levy on imported vehicles lingers, some maritime lawyers have demanded court…

The Board of Directors of Eterna Plc has announced the appointment of new Directors and a new company secretary for…

According to Afrinvest, Nigerian Brewery Sector Update 2021 report noted that Guinness recorded a revenue of 54 per cent which…

Taxpayers will spend another Sh1 billion to run the national surveillance system built by Safaricom to offer security in Nairobi…

Better.com has conducted its third mass layoff in less than five months, citing a declining mortgage market. Better.com’s desire to…

Prior to the announcement earlier, Brex has acquired Y Combinator-backed Pry Financials for $90 million, the company told TechCrunch exclusively.…

Conductive Ventures raised a $200 million Fund III to continue its focus on investing in founders where other venture capital…

For more than a year, Andreessen Horowitz (a16z) has quietly piloted its own take on an accelerator for early-stage entrepreneurs.…

Deezer, a European music streamer is going public via a SPAC deal, valuing the Spotify competitor at $1.1 billion. Deezer…

Google announced the launch of a product development center in Nairobi, its first in the continent today. This is set…