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Local

9PSB Partners with XCHANGEBOX to Expand Agent Banking Solutions

Oct 30, 2023 0
Nigeria's digital payment service bank, 9 Payment Service Bank (9PSB), has entered a strategic partnership with…
Africa

U.S. Pledges to Elevate Kenya’s Investment Climate as Model for Africa

Oct 30, 2023 0
The Biden administration has committed to enhancing Kenya's investment environment, aiming to set a standard for…
Local

Nigerian Stock Market Experiences Marginal Dip Following Previous Day’s Gain

Oct 26, 2023 0
The Nigerian stock market saw a slight decline of 0.02 percent, equivalent to N6 billion, on Wednesday, failing…
Local

Nigeria’s Money Supply Grows to N66.4 Trillion Amid Inflation and Naira…

Oct 26, 2023 0
The Central Bank of Nigeria (CBN) reports an increase in Nigeria's total money supply (M2) from N65.15 trillion in…
Local

VP Urges Capital Market Involvement in Bridging Nigeria’s Infrastructure…

Oct 26, 2023 0
The Vice President of Nigeria, Kashim Shettima, has called for active participation of capital market stakeholders…
Local

UBA CEO Oliver Alawuba Honored with Fellowship from CIBN

Oct 26, 2023 0
Oliver Alawuba, the Group Managing Director and Chief Executive Officer of United Bank for Africa (UBA), has been…
Local

Nigeria’s Federal Government to Forgo N12.4 Trillion in Tax Waivers and…

Oct 26, 2023 0
The Federal Government of Nigeria is set to waive tax revenues amounting to N12.4 trillion over the course of four…
Local

Nigerian Government Adjusts Port Terminal Charges and Bulk Cargo Fees

Oct 26, 2023 0
The Nigerian government, through the Nigerian Shippers Council (NSC), has made significant changes to port…
Local

Nigeria Anticipates $10 Billion Inflow to Alleviate Dollar Shortage

Oct 26, 2023 0
The Nigerian government is expecting an inflow of $10 billion in the coming weeks, which is anticipated to…
Business

Surge in LNG Imports Expected for Northwest Europe in November

Oct 26, 2023 0
As the heating season commences, northwest Europe anticipates a substantial increase in LNG (Liquefied Natural…
Technology

Generative AI Powers Revenue Growth for Tech Giants

Oct 26, 2023 0
Groundbreaking generative AI technologies are being seamlessly integrated into various software applications,…
Local

Surge in Crude Oil Theft Incidents Plague Niger Delta Region

Oct 25, 2023 0
The Nigerian National Petroleum Company Limited (NNPCL) has reported a concerning surge in crude oil theft…
Local

Lagos Tax Appeal Tribunal Orders MTN Nigeria to Pay $72.5 Million in Tax Default

Oct 25, 2023 0
Introduction: The Lagos State division of the Tax Appeal Tribunal has ruled that MTN Nigeria Communications must…
Business

Apex Group Expands African Footprint with Acquisition of BCI and BIP in South…

Oct 25, 2023 0
Global financial services provider, Apex Group, has successfully acquired Boutique Collective Investments (BCI)…
Business

Verod Capital and AfricInvest Acquire Majority Stake in iSON Xperiences

Oct 25, 2023 0
Private equity firms Verod Capital and AfricInvest have jointly acquired a majority stake in iSON Xperiences, a…
Business

BluePeak Private Capital Raises $156M for Inaugural Fund Supporting African SMEs

Oct 25, 2023 0
Alternative asset manager BluePeak Private Capital has successfully closed its first private capital fund, raising…
Local

Ogun State’s Red and Blue Rail Lines Projected to Begin Operations in 2024

Oct 25, 2023 0
Governor Dapo Abiodun of Ogun State has announced that the proposed red and blue rail lines, developed in…
Local

Naira Hits Record Low of N1,310 per Dollar

Oct 25, 2023 0
The Nigerian Naira experienced a significant decline, reaching a record low of N1,310 per US dollar on the…
Local

Banking Agents: A Pillar of Financial Inclusion in Nigeria

Oct 25, 2023 0
In 2018, accessing banking services in Nigeria was a challenge due to long queues and limited branches. However,…
Local

Nigerian Pension Funds Increase Equity Holdings by 47.5% in Seven Months

Oct 25, 2023 0
Nigerian pension funds have shown a renewed interest in equities, with their holdings surging by 47.5% in just…
Local

Rise in Financial Fraud: Challenges Faced by Nigerian Banks and Fintechs

Oct 25, 2023 0
The Nigerian financial sector is grappling with a surge in financial fraud cases, impacting both traditional banks…
Africa

Urgent Attention Needed: The Escalating Shilling-Dollar Exchange Crisis

Oct 24, 2023 0
The official exchange rate of the shilling against the dollar has surged past the 150-unit threshold, signaling a…
Africa

African Development Bank (AfDB) Elevates Role in Kenya’s Development with…

Oct 24, 2023 0
Over the last five years, the African Development Bank (AfDB) has significantly amplified its financial…
Africa

Urgent Appeal for Support: Addressing the Crisis Caused by Akosombo Dam Spillage

Oct 24, 2023 0
The recent spillage of the Akosombo Dam has led to widespread devastation in parts of the Volta Region, leaving…
Local

Nigerian Government Plans $10 Billion Injection to Address Forex Crisis

Oct 24, 2023 0
The Nigerian government is devising a strategy to secure $10 billion aimed at alleviating the country's severe…
Local

Manufacturing Exodus: Companies Exiting Nigeria’s Industrial Landscape

Oct 24, 2023 0
Over the past decade, Nigeria has witnessed a notable exodus of manufacturing companies, with numerous factors…
Local

Nigerian Government Pursues Cost-Cutting Measures for Efficient Governance

Oct 24, 2023 0
The Nigerian government is implementing a series of cost-cutting measures aimed at improving governance…
Local

Federal Executive Council Approves $3.45 Billion Concessional Loan for Key…

Oct 24, 2023 0
The Federal Executive Council of Nigeria has granted approval for a $3.45 billion loan to fund crucial projects…
Local

Central Bank of Nigeria Reports Surge in Currency in Circulation Amid Cash…

Oct 24, 2023 0
The Central Bank of Nigeria (CBN) has disclosed a significant surge in Currency in Circulation (CIC) within the…
Local

States’ Internally Generated Revenue (IGR) Marginally Increases to N1.93tn…

Oct 24, 2023 0
The total Internally Generated Revenue (IGR) of states in Nigeria saw a slight rise to N1.93 trillion in 2022.…
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NIGERIA

Business

NGX Extends Trading Hours to 4pm as Nigerian Exchange Boosts Market Liquidity and Investor Access

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investment

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Nigeria Imports 61.7 Million Barrels of US Crude Amid Rising Oil Exports and Local Refining Gap

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CBN to Raise N750bn in April Treasury Bills Auction as Investor Demand Strengthens

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World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

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

Oct 3, 2024

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