Sterling Holdco boosts recapitalisation with N75b capital
Sterling Financial Holdings Company (Sterling Holdco) has successfully raised N75 billion to support the recapitalisation of its banking subsidiaries, including…
Day: September 19, 2024
Nigerian Customs Apapa Command hits record N1.5 trillion revenue in 9 months
The Nigeria Customs Service (NCS) recorded significant growth in revenue with ₦277.5 billion in import duties and ₦15.8 billion in…
Canada tightens foreign worker eligibility, reduces study permit issuance by 10% for 2025
The Canadian government will reduce the issuance of study permits by 10% for 2025, lowering the cap from 485,000 in…
Over $500 million investment attracted through Public-Private Partnership projects – Infrastructure Commission
The Nigerian government, through the Infrastructure Concession Regulatory Commission (ICRC), has attracted over $500 million in investments through Public-Private Partnerships…
Dapo Abiodun announces $5 million UK battery plant investment in Ogun State
The Ogun State Government has announced the establishment of a $5 million battery recycling plant by a British company, marking…
We inherited N13 billion unpaid pension, gratuity arrears in Zamfara – Governor Lawal
Governor Dauda Lawal of Zamfara State revealed that his administration inherited N13 billion in unpaid pensions and gratuities from previous…
Naira gains N116.84 on increased dollar supply
The Nigerian naira appreciated by 7.59% against the U.S. dollar on Wednesday, closing at N1,539.65 in the Nigerian Autonomous Foreign…
Regulatory clampdown fails to drown crypto excitement
Nigeria has retained its number two spot on the 2024 Global Crypto Adoption Index, trailing only India, according to Chainalysis.…