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FBN Holdings Announces Plan to Raise Capital Through Rights Issue
FBN Holdings Plc, a financial services group, will seek approval from shareholders to raise fresh capital at its…
Investors Speculate Ahead of Central Bank of Nigeria’s Monetary Policy…
Investors are closely watching the upcoming meeting of the Central Bank of Nigeria (CBN) Monetary Policy Committee…
NAICOM to Encourage Specialized Insurance Products for Nigeria’s Oil and Gas…
The Nigerian Insurance Commission (NAICOM) has revealed its plans to promote specialized insurance products…
eTranzact Records Over N50 Trillion Transactions in 2022, Assures Shareholders of…
eTranzact International Plc achieved remarkable financial growth in 2022, processing transactions worth over N50…
Nigeria Plans to Reduce Revenue Collection Agencies and Simplify Tax System
The Nigerian Organised Private Sector has raised concerns about the burden of multiple taxation from various…
EIB Commits $40 Million to Acre Impact Capital’s Climate-Infrastructure Fund…
The European Investment Bank (EIB) has pledged up to $40 million to Acre Impact Capital's Export Finance Fund I,…
Dana Air to Train Over 50 Corps Members and Interns as Part of CSR Initiative
Dana Air, a prominent Nigerian airline, has unveiled a comprehensive Corporate Social Responsibility (CSR) program…
Nigerian Government Records Highest Revenue Allocation in June 2023, Shares…
In what is described as a revenue windfall, Nigeria's federal, state, and local government councils shared a total…
Rising Maize Prices Threaten Poultry Farms in Delta State, Nigeria
The soaring cost of maize, a major component of poultry feeds, is leading to the closure of farms in Delta State,…
Ecobank appeals Honeywell’s N72bn court judgement
Ecobank Nigeria Limited has appealed the ruling of the Federal High Court in Lagos, which ordered the bank to pay…
NECA Calls on Nigerian Government to Develop Implementable Economic and Industrial…
The Nigeria Employers’ Consultative Association (NECA) has urged the Federal Government to formulate and implement…
IMF Reports a Strong Dollar’s Impact on Emerging Economies, Including…
The International Monetary Fund (IMF) revealed that a 10% appreciation in the US dollar, driven by global…
Fluctuations in FX Rate Trigger Petrol Price Increase, Says Oil Marketers…
The Chairman of the Major Oil Marketers Association of Nigeria (MOMAN), Mr. Olumide Adeosun, revealed that…
Nigeria Faces Protests and Discontent as Petrol Price Soars Following Subsidy…
The Nigeria Labour Congress (NLC) issued a warning, stating that it might withdraw from talks with the federal…
Nigerian Ports Authority Records Impressive Revenue in First Half of 2023
The Nigerian Ports Authority (NPA) has announced a total revenue of N191,430,093,501.00 generated from its…
Central Bank of Nigeria Reduces Approved Bureau de Change Dealers
The Central Bank of Nigeria (CBN) has published an updated list of approved Bureau de Change (BDC) dealers in the…
Nigerian House of Representatives to Investigate Non-Remittance of Revenues by…
The Nigerian House of Representatives has announced its intention to conduct an investigation into the Nigerian…
Project $6.2 Billion Capital Importation in Nigeria for 2023 Amid FX Reforms
Paraphrased Paragraphs: Afrinvest analysts have projected that capital importation in Nigeria for the fiscal year…
Nigeria Customs Service Kwara Command Records N6.2 Billion Revenue in Q2 2023
Paraphrased Paragraphs: The Nigeria Customs Service (NCS) Kwara State Command reported a revenue of N6.2 billion…
Federal Government and Lagos State Commence Demolition of Shanties and Extortion…
The Nigerian Ports Authority (NPA), in collaboration with the Lagos State Government, has initiated a joint…
Mobile Money Agents in Nigeria Stand Firm on Implementing New Price Framework
Despite facing criticism and threats of sanctions, the Association of Mobile Money and Bank Agents in Nigeria…
Manufacturers and Students Struggle to Access Forex as Naira Exchange Rate Hits…
Despite recent reforms under the Bola Tinubu administration, Nigerian manufacturers and businesses are still…
Millions of Poor Nigerians Excluded from Cash Transfer Program: World Bank Report
The World Bank's Nigeria Development Update for June 2023 reveals that over 42.69 million poor Nigerians have been…
Unveiling the Root Causes of Building Collapses in Lagos: World Bank Report
The World Bank's report on housing regulatory framework standards in sub-Saharan Africa reveals that the frequent…
Central Bank of Nigeria Records Significant Recovery in Intervention Program…
The Central Bank of Nigeria (CBN) has achieved a remarkable milestone in its intervention programs, announcing the…
Senate Probes Alleged Uneven Disbursement of N483bn Intervention Loans
The Nigerian Senate has launched an investigation into the alleged uneven disbursement of N483 billion in…
Bank Verification Numbers (BVNs) Reach 57.96 Million as CBN Plans to Close…
According to data from the Nigeria Inter-Bank Settlement System Plc, the total number of issued Bank Verification…
Enhancing the Passenger Experience: Addressing Challenges in Nigerian Airports
The recent surge in passenger-operator clashes in Nigerian airports has raised concerns about the friendliness and…
Forex Inflows into Nigerian Trading Channel Rise by Almost a Quarter
The abolition of multiple forex rates by the Central Bank of Nigeria (CBN) has contributed to a 23.8% increase in…
NNPCL intends to build a new $8 billion international gas pipeline.
The Nigerian National Petroleum Company Limited (NNPCL) has announced plans to construct another international gas…