Lack of Foreign Currency and Rising Aviation Fuel Prices are to Blame for Higher…
Airlines have faced significant challenges as a result of the high cost of aviation fuel, which accounts for a!-->…
World Bank Announces Ajay Banga As Sole President-Nominee
The Board of Executive Directors of the World Bank Group confirmed that US citizen Ajay Banga was the only!-->…
Insurance Industry Growth Policies are Sought by Loss Adjusters.
In order to fully utilize the potential of the insurance sector, the Institute of Loss Adjusters of Nigeria has!-->…
NITDA Advises SMEs to Use Digital Technologies.
According to the National Information Technology Development Agency, if entrepreneurs running Micro, Small, and!-->…
A Firm Promotes Sustainable packaging
Tetra Pak, a provider of food processing and packaging solutions, has launched its "better with carton" campaign!-->…
UBA Increases Profit by 31% to N201 billion.
United Bank for Africa said that its 2022 financial period saw a N201 billion profit before taxes. This!-->…
FirstBank Renamed its Subsidiaries in the UK and Africa.
The United Kingdom and Sub-Saharan Africa subsidiaries of First Bank of Nigeria Limited have received notice of a!-->…
According to the UN, 64.3 million Nigerians Lack Access to Sufficient Food.
According to the World Food Programme, a part of the United Nations, 32% (64.3 million) of Nigerians do not have!-->…
NICA Establishes Governance Committees
The National Institute of Credit Administration's governing council has established committees, which were!-->…
Seafarers Claim that 4,000 Ships Berth in Lagos Ports Each Year.
The Mission to Seafarers, Lagos, a maritime organization, has revealed that 4,000 ships call at Lagos ports each!-->…
Lagos and Fintech Sign an Agreement to Increase IGR
A Memorandum of Understanding between the Lagos State Government and eTransact has been struck in order to control!-->…
Oando Earns a Profit of N34.7 billion.
Oando Plc, an energy firm, reported that its earnings after tax increased to N34.7 billion in the fiscal year!-->…
Alison-Madueke, Aluko, and Omokore’s Fraud Proceeds were Recovered by the US…
The U.S. Department of Justice said that two civil actions seeking the forfeiture of different opulent assets that!-->…
Moribund Mills: Swallow N1.63 trillion in Paper Imports in Five Years
Nigeria spent N1.63 trillion on the importation of paper and related products in the last five years despite!-->…
US Increases Non-immigrant Visa Application Fees
A rise in some non-immigrant visa application (NIV) processing fees has been announced by the US.The increases!-->…
FEC Approves N24.2 Billion For Free WiFi At Markets And Airports.
The Nigerian cabinet has approved N24.2 billion for the installation of Internet access at 20 airports, several!-->…
Government and Investors to Install 1,000 Mini-Grids Nationwide
The deployment of 1,000 mini-grids to electrify rural towns around the nation was started by the federal!-->…
NDDC Adopts a New Youth Development Program.
According to the Niger Delta Development Commission, a novel idea for collaborating with the Niger Delta Chamber!-->…
Russia-Ukraine Conflict Could Spur Food Production in Africa – Osinbajo
Vice President Yemi Osinbajo said the ongoing situation between Russia and Ukraine should serve as a wake-up call!-->…
Under Non-disclosure Agreements, Ghana’s Bondholders’ Counsel Begin…
A group of foreign private lenders are represented by Rothschild & Co., while the government, which froze!-->…
Equity and KCB Put Pressure on Safaricom.
Equity Group is now spearheading a banking industry assault for the title of East Africa's most profitable!-->…
Insurance GPI Increases by 36.3% to N726.2 billion, While Claims Payments Increase…
The industry has seen a 36.3 percent increase in Gross Premium Income (GPI) quarter over quarter and a 17.8% year!-->…
Paystack CEO Purchases a 55% Share in a Danish Soccer Team.
Shola Akinlade, co-founder and CEO of Paystack, has acquired a 55% ownership position in Danish second-division!-->…
$1.9bn Loss: Oil Theft Panel Charges Operators and Regulators.
Operators and regulators in Nigeria's oil sector have been charged with extensive acts of sabotage in the!-->…
NNPCL to Increase Oil Reserves to 50 billion Barrels.
The Nigerian National Petroleum Corporation Limited declared on Tuesday that continued oil exploration in the!-->…
Federal Government $22bn Loan Request Rejected by Chinese Bank.
On Tuesday, the House of Representatives accepted the federal government's proposal to borrow $973,474,971.38 from!-->…
CBN bars banks seeking upgrade from expansion
The Central Bank of Nigeria's new draft rules prohibit banks and other financial organizations applying for!-->…
Tullow to Default on $2.5bn Debt Repayment
The Tullow Group has indicated that it may not be able to fully repay its US$2.5 billion notes outstanding which!-->…
Mail Services Firm Raises Charges 33pc
In response to high operating costs, MPost, a service that converts mobile phones into official postal addresses,!-->…
Equity net profit up 15% to record Sh46 billion.
As the most profitable lender in the area, Equity Group's net profit for the year ended December 2022 increased by!-->…