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Local

Bank Verification Numbers (BVNs) Reach 57.96 Million as CBN Plans to Close…

Jul 13, 2023 0
According to data from the Nigeria Inter-Bank Settlement System Plc, the total number of issued Bank Verification…
Business

New Gas Pricing Template and Clearing Power Sector Debts: Boosting Nigeria’s…

Jul 13, 2023 0
A new gas pricing template for the power sector and gas-based industries in Nigeria is awaiting approval from…
Business

Flour Mill of Nigeria Leverages Strong Credit Rating to Secure Capital Market…

Jul 12, 2023 0
Flour Mill of Nigeria Plc, a prominent consumer conglomerate in Nigeria, has reaffirmed its commitment to…
Business

Nigeria’s Low VAT Performance Raises Concerns and Calls for Policy Changes

Jul 12, 2023 0
The Nigerian Federal Government expressed alarm over the country's underperforming Value Added Tax (VAT) compared…
Business

Nigeria to Seek Increased OPEC Oil Quota in November, Says NNPCL

Jul 12, 2023 0
The Nigerian National Petroleum Company Limited (NNPCL) has stated that the Federal Government of Nigeria plans to…
Africa

Kenya to Float Second Tranche of Bond to Clear Fuel Subsidy Pending Bill

Jul 11, 2023 0
The Treasury is set to float the second tranche of a bond worth Ksh 28 billion this week to clear the pending bill…
Africa

Decline in Value of Safaricom’s Bonga Points Indicates Increased Redemption…

Jul 11, 2023 0
The value of unused Safaricom customer loyalty awards, known as Bonga points, has reached its lowest point in 12…
Africa

Bank of Ghana to Sell $120 Million to Bulk Oil Distribution Companies (BDCs) in Q3…

Jul 11, 2023 0
The Bank of Ghana has announced plans to sell $120 million to Bulk Oil Distribution Companies (BDCs) in the third…
Africa

Kenya Sees Increase in Foreign Direct Investment, but Lags Behind Regional Peers

Jul 11, 2023 0
Kenya experienced a turnaround in foreign direct investment (FDI) in 2022, with FDI inflows rising by 63.93% to…
Local

Forex Inflows into Nigerian Trading Channel Rise by Almost a Quarter

Jul 11, 2023 0
The abolition of multiple forex rates by the Central Bank of Nigeria (CBN) has contributed to a 23.8% increase in…
Banking

Ecobank Petitions FBN Holdings to Halt Approval of Otudeko’s Share…

Jul 11, 2023 0
Ecobank Plc has filed a petition to FBN Holdings, urging them to suspend the approval of Oba Otudeko's bid for 4…
Business

Nigeria’s Dominance in Africa’s Gas Market: A Promising Future

Jul 11, 2023 0
Nigeria's gas reserves have positioned the country as a dominant player in Africa's gas market, accounting for 33…
insurance

Unraveling the Unexpected Decline in Nigeria’s Insurance Industry.

Jul 11, 2023 0
The Nigerian insurance industry recently experienced an unexpected setback, witnessing a negative growth of eight…
Market

Nigeria’s Capital Importation Witnesses a 28% Decrease in Q1 2023: NBS…

Jul 11, 2023 0
The recent report released by the National Bureau of Statistics (NBS) on capital importation in Nigeria reveals a…
Business

Petrol Consumption in Nigeria Drops After Subsidy Removal: A Closer Look.

Jul 11, 2023 0
: The Nigerian government recently announced that the volume of Premium Motor Spirit (PMS), commonly known as…
Market

Equity is the first bank to increase loan interest rates to take into account the…

Jul 7, 2023 0
Equity Bank, Kenya's most profitable bank, has announced an increase in loan prices following the Central Bank of…
Africa

New Sh70 billion syndicated loan eases Kenya’s currency problems.

Jul 7, 2023 0
Kenya has secured a syndicated loan of Sh70.4 billion ($500 million) from a consortium of international lenders,…
Africa

Naivas founders aim for Sh5.8 billion as foreigners take over

Jul 7, 2023 0
The family of Peter Mukuha Kago, the founder of Naivas, plans to sell an additional 11% stake in the company for…
Business

To alleviate hardship, President Tinubu suspends important tax measures.

Jul 7, 2023 0
In an effort to boost manufacturing and improve the ease of doing business, President Bola Ahmed Tinubu of Nigeria…
Business

We are collaborating with key players to shorten the settlement cycle – NGX

Jul 7, 2023 0
Nigerian Exchange Limited (NGX) has announced its commitment to reducing the settlement cycle from T+3 to T+1 in…
Business

Productivity declined in June as a result of the removal of fuel subsidies- PMI…

Jul 7, 2023 0
In June 2023, the Nigerian economy experienced a decline in productivity following the removal of fuel subsidies,…
Business

CBN adds Cameroon, Vietnam, and Croatia to its radar for money laundering.

Jul 7, 2023 0
The Central Bank of Nigeria (CBN) has issued a circular instructing banks and other financial institutions in the…
Local

NNPCL intends to build a new $8 billion international gas pipeline.

Jul 7, 2023 0
The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to construct another international gas…
Africa

Why DSE Trade Dropped Significantly in the First Half of 2023.

Jul 6, 2023 0
The first half of 2023 saw a decline in trading and liquidity at the Dar es Salaam Stock Exchange (DSE) in…
Africa

Despite the impact of DDEP, Société Générale Ghana reports GHS 109M in profit in…

Jul 6, 2023 0
Société Générale Ghana Plc has reported a profit after tax of GHS 109 million for the year 2022, representing a…
Africa

State Intends to Issue a Water Bond Following a Failed Initial Attempt.

Jul 6, 2023 0
Nearly half of the water supplied in Kenya is unmetered, resulting in a significant loss of revenue for water…
Market

The World Bank Endorses Kenya’s New Digital Tariffs.

Jul 6, 2023 0
The World Bank has expressed its support for Kenya's efforts to expand the reach of taxation in the digital…
Africa

Safaricom Considers Venture Companies in its Acquisitions Push.

Jul 6, 2023 0
Safaricom, the leading telecommunications company in Kenya, plans to establish two venture capital firms in order…
Local

Expert: Inter-agency Conflict Harming the Cocoa Business.

Jul 6, 2023 0
Ayo Akinola, a Technical Expert to the Federal Ministry of Industry, Trade, and Investment on the National Cocoa…
Business

Subsidy: NNPC will Reconcile its N2.1 trillion Deduction with FAAC.

Jul 6, 2023 0
The Nigerian National Petroleum Company (NNPC) Limited has stated that it will reconcile subsidy deductions with…
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NIGERIA

Business

European Stocks Rise Ahead of Fed Meeting as Investors Weigh Interest Rate Cuts

Dec 5, 2025
Business

NGX Extends Modest Rebound as ASI Inches Up 0.10% Amid Mixed Investor Sentiment

Dec 5, 2025
Business

Udoma and Mbah Call for Transparent, Efficient Nigerian Capital Market at PEARL Awards

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Local

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World

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024

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Oct 2, 2024

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