Tinubu takes over N16tn of the unfinished projects.
According to research by The PUNCH, Bola Tinubu, the newly elected president of Nigeria, has formally taken over …
Nigeria Eurobonds and Stocks Rally on Tinubu Promise to End Fuel Subsidy.
Nigeria's sovereign dollar-denominated bonds rose on Tuesday after new President Bola Tinubu declared during his…
NAMB Initiates Recapitalisation Review of MFBs after Revocation.
The National Association of Microfinance Banks (NAMB) has directed all licensed MFBs nationwide to update it on…
Kenya Reignites African Nations’ Push to Abandon the Dollar.
President William Ruto has challenged African leaders to take the first steps toward abandoning the…
CBN and NCC Commit to Expand Financial Inclusion at RegTech Summit.
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have pledged to work together…
FG borrowed N6 trillion from CBN in 2022 – Report.
According to latest data from the Central Bank of Nigeria, the Federal Government borrowed N6.07 trillion from the…
The CBN Disburses N173 billion Under the 100-for-100 Program.
Since the start of the intervention, the Central Bank of Nigeria has distributed N173.31 billion to recipients…
Tinubu States that the Subsidy is no Longer in Effect.
President Bola Tinubu stated on Monday in Abuja that his administration will end the subsidy on petroleum…
Al Ahly Capital is Leading the Expansion of an Egyptian Outpatient Clinic Network.
Dawi Clinics, Egypt's largest outpatient clinic network, has signed a funding agreement worth EGP 250 million with…
E3 Capital and Lion’s Head Climate Fund Raises $48 million in its First…
The E3 Low Carbon Economy Fund for Africa (E3LCEF), a fund launched by early-stage venture capital firm E3 Capital…
Arla Foods Opens a New Facility to Increase Milk Output.
Arla Foods, the creator of Dano Milk, has announced the opening of a cutting-edge dairy farm in Kaduna State as…
Dangote Cement Ibese commissions trucks for biomass waste management, resulting in…
Dangote Cement Ibese Plant is acquiring 100 trucks customized for easy transportation of biomass waste from all…
Finance and insurance sectors grow by 26% year on year to boost GDP in Q1 2023.
Despite Nigeria's challenging business environment, the banking and insurance industries increased real GDP by 26%…
FGN Savings Bond Reaches N5 billion in Five Months – NGX.
According to Nigerian Exchange Limited, overall allotments for FGN Savings Bonds have increased to N5.06 billion…
CBN: From January to April 2023, the FG spent $894 million to service foreign…
According to data supplied by the Central Bank of Nigeria (CBN), the federal government spent $894 million…
Nigeria: President Tinubu, Pledges an Economic Revival.
At his inauguration on Monday, Nigeria's new President Bola Tinubu pledged to develop the economy by at least 6%…
The FG Hopes to Earn N7.01 billion from Train Passengers by 2025.
The Federal Government expects train passengers to generate N7.01 billion in revenue by 2025. This was stated in…
House of Rep Increase the Cap on CBN Loans.
Despite opposition, the House of Representatives passed an amendment to the Central Bank of Nigeria Act, boosting…
NNPCL Subsidiary Earns N256 billion in Sales – Report
The Nigerian National Petroleum Company Retail Limited, a retail component of the NNPC Limited group, earned…
NBET and Transcorp Sign 726MW Power Purchase Agreement.
Transcorp Power, the mother company of TransAfam Power Plant Ltd, and Nigerian Bulk Electricity Trading (NBET)…
Emefiele expresses concern about poor crude production.
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has called for a collaborative effort to…
The CBN disburses N173 billion under the 100-for-100 program.
Since the start of the intervention, the Central Bank of Nigeria has distributed N173.31 billion to recipients…
Rate Hike: Expect increased prices, say MAN and NECA, warning the CBN.
According to the Manufacturers Association of Nigeria and the Nigeria Employers' Consultative Association, the…
Kano Gold Souk will draw more international investors – FG.
The Permanent Secretary of the Federal Ministry of Mines and Steel Development, Dr Oluwatoyin Akinlade, has…
NGX: Total FGN Savings Bond Allotments Increase to N5.06bn in Five Months.
According to the Nigerian Exchange Limited (NGX), total allotments for FGN Savings Bonds increased to N5.06…
NNPCL, CNOOC, and SAPETRO renew oil production contracts in OML 130.
The Nigerian National Petroleum Company Limited announced the renewal of the Oil Mining Lease 130 Production…
The NDDC acknowledges the Senate for adopting the N876 billion budget.
The Niger Delta Development Commission has praised the House of Representatives for clearing the commission's N876…
African subsidiaries account for half of UBA’s earnings – CEO.
United Bank for Africa Plc has reported that all of its African businesses are now on solid ground, adding…
Shareholders of Access Holdings Approve N1.30 Final Dividend and Growth Expansion.
The shareholders of Access Holdings Plc approved the management's final dividend payout of N1.30 at the…
Berger shareholders have approved N202 million in dividends.
Shareholders of Berger Paints of Nigeria Plc, a maker of paints and allied goods, have approved the payment of…