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Access bank launches offline banking platform
Access Bank Plc has introduced an offline banking platform called 901.ng to provide customers with an additional!-->…
$7bn FX: OPS threatens to sue banks over rejected applications
Some businesses within the Organised Private Sector of Nigeria (OPSN) are contemplating legal action against!-->…
FG plans joint cable protection, disruption lingers in six countries
The Federal Government has urged West African nations to collaborate in protecting shared telecommunications!-->…
Nigeria tightens regulations on Crypto operators
Nigeria is intensifying its oversight of the cryptocurrency industry by updating regulations for crypto operators,!-->…
Govt derisking power sector to attract investments– Verheijen
Olu Verheijen, President Bola Tinubu's energy special adviser, has highlighted ongoing government efforts to!-->…
CBN clarifies fertiliser donation as not new intervention
The Central Bank of Nigeria (CBN) clarified that the recent donation of 2.15 million bags of fertilisers to!-->…
FG moves to address under-utilization of ports
Chief Adegboyega Oyetola, Minister of Marine and Blue Economy, emphasized the need for the federal government to!-->…
African Guarantee Fund to support green finance
The African Guarantee Fund (AGF) is teaming up with the Nordic Development Fund (NDF) to assist banks in enhancing!-->…
SEC declines PZ Cussons request to buy out Other shareholders
PZ Cussons Nigeria's plan to delist from the Nigerian Exchange Group (NGX) has encountered a hurdle, as the!-->…
Naira Strengthens To N1400/$ At Parallel Market
Parallel market operators are now quoting a buy price of N1400/$1 for individuals looking to sell dollars,!-->…
Customs launches authorised economic operators programme
The Nigeria Customs Service (NCS) unveiled the Authorised Economic Operators (AEO) programme in Abuja on!-->…
CBN Clears Foreign Exchange Backlogs
The Central Bank of Nigeria (CBN) has announced the clearance of all valid foreign exchange backlogs, fulfilling a!-->…
NNPC Public Listing Is Within Sight, Says Kyari
Mele Kyari, the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited,!-->…
GTCO Food and Drink festival returns in 2024
The eagerly anticipated 7th edition of the GTCO Food and Drink Festival is set to take place from Friday, April!-->…
Nigeria’s Economic Outlook Brightens As Brent Hits $86
Nigeria's economic outlook has brightened with Brent crude oil prices surging to $86 per barrel, a significant!-->…
CBN lifts restrictions on milk and dairy imports
The Central Bank of Nigeria (CBN) has announced the lifting of restrictions on the importation of milk and dairy!-->…
N193 billion loans have been declared lost inside CBN’s 10trn intervention
The Central Bank of Nigeria's Intervention Funds Programme, totaling N10.3 trillion, has shown a repayment rate of!-->…
Nigeria’s imported food inflation jumps to 29.8%
In February 2024, Nigeria witnessed a significant rise in imported food inflation, reaching a peak of 29.8%, up!-->…
Naira strengthens slightly against dollar, ends below N1,600/$1
In the official market, the Nigerian Naira experienced a modest improvement against the US Dollar, closing at!-->…
Founder of Evergrande accused of inflating revenues by $78bn
Hui Ka Yan, the founder of Chinese property giant Evergrande, and his company are facing allegations of inflating!-->…
Notore appoints chairman after three years
Notore Chemical Industries has announced the appointment of Femi Agbaje as the new chairman of its board of!-->…
Headline: Nigerian Exchange Gains N2.12tn as Investors Anticipate Dividend Season
The Nigerian Exchange witnessed another positive week, with investors positioning themselves ahead of the!-->…
Food processors invest N23.8bn in Nigeria to cut import bill
Despite facing challenges of slow economic growth and high business costs, Nigeria has secured N23.8 billion in!-->…
Economist Forecasts Lower Interest Rates in Nigeria by 2026
According to the Economist Intelligence Unit (EIU), Nigeria's Monetary Policy Rate (MPR) is expected to drop to!-->…
Fintechs raise interest rates as digital lenders plan hike
Following the Central Bank of Nigeria's (CBN) decision to increase the monetary policy rate (MPR) to 22.75 percent!-->…
Reps summon Dangote, BUA, others over cement price hike
The Nigerian House of Representatives has decided to call upon major cement manufacturers like Dangote Cement and!-->…
Unity Bank, SkillPaddy train 1,000 female software engineers
Unity Bank Plc has collaborated with the tech platform, SkillPaddy, to launch the 'Count Her In' tech programme!-->…
Nigerians experience relief as prices of sugar, Indomie, others drop
The recent reduction in food prices, particularly for items like noodles, sugar, rice, beans, and others, comes as!-->…
Ecobank obtains $250m loan to boost liquidity
Ecobank Transnational Incorporated has announced securing a $250 million loan facility to bolster its liquidity!-->…
Wema Bank Earmarks N8.9bn For Women-Run Businesses
Moruf Oseni, the MD/CEO of Wema Bank, affirmed Wema Bank's commitment to actively support and promote women,!-->…