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Day: May 5, 2023

Reps Increase Buhari’s Supplemental Spending to N23.7 trillion.
Business

Reps Increase Buhari’s Supplemental Spending to N23.7 trillion.

The Federal Government acquired Ways and Means Advances worth N23,719,703,774,306.90 from the Central Bank of Nigeria, and the House of…

byakintundeMay 5, 2023May 5, 2023
HOSCON Aims to Invest US$5 billion in Member States.
Business

HOSCON Aims to Invest US$5 billion in Member States.

The Host Communities of Nigeria Producing Oil and Gas (HOSCON) said that it is aiming to raise $5 billion in…

byakintundeMay 5, 2023May 5, 2023
Access Bank Receives Regulatory Approval to Acquire Angola Company.
Banking

Access Bank Receives Regulatory Approval to Acquire Angola Company.

The Central Bank of Angola, Banco Nacional de Angola, has given its clearance to Access Bank, the flagship subsidiary of…

byakintundeMay 5, 2023May 5, 2023
Carl Cruz is Appointed as MD and CEO of Airtel Nigeria by Airtel Africa.
Business

Carl Cruz is Appointed as MD and CEO of Airtel Nigeria by Airtel Africa.

Carl Cruz has been appointed as the Managing Director and Chief Executive Officer of Airtel Networks Limited (Nigeria), according to…

byakintundeMay 5, 2023May 5, 2023
Naira Crisis, Elections Impact 2023 Revenue.
Local

Naira Crisis, Elections Impact 2023 Revenue.

The Nigerian Exchanges Group said the recent general election and the Central Bank of Nigeria’s rebalancing policy had a negative…

byakintundeMay 5, 2023May 5, 2023
Federal Roads: FG Pays State N860 billion in 8 Years. 
Local

Federal Roads: FG Pays State N860 billion in 8 Years. 

The federal government has repaid N859.7 billion to various state governments to reimburse the costs of building federal roads over…

byakintundeMay 5, 2023May 5, 2023
Nigerian Lawmakers Approve $52 billion Central Bank Loan Restructuring. 
Local

Nigerian Lawmakers Approve $52 billion Central Bank Loan Restructuring. 

Nigeria’s House of Representatives approved a plan to restructure 23.7 trillion naira ($52 billion) of short-term central bank loans into…

byakintundeMay 5, 2023May 5, 2023

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