COP28 Delegates Launch Long-Awaited Climate Fund for Loss and Damage
Delegates at COP28 have made a surprising decision to launch a long-awaited fund to address damage from!-->…
Robinhood Launches in the UK, Expanding Internationally After Over a Decade in the…
Robinhood, the stock-trading platform that gained popularity in the US, has officially launched in the UK, marking!-->…
B54 Introduces Alternative Funding for African Startups with Digital Private Bank…
Lagos-based fintech B54 is addressing the funding challenges faced by startups in West Africa by providing an!-->…
Russia’s Largest Oil and Gas Exporters Experience 41% Drop in Revenues
Russia's largest oil and gas exporters faced a significant challenge as their total revenues plummeted by 41%!-->…
Nigerian Senate Threatens EFCC Involvement to Recover N135 Billion CBN Gas…
The Nigerian Senate has issued a threat to involve the Economic and Financial Crimes Commission (EFCC) in the!-->…
Nigerian Ports Authority Emphasizes Compulsory Vessel Pilotage Regime to Boost…
Mohammed Bello-Koko, the Managing Director of the Nigerian Ports Authority (NPA), has highlighted the!-->…
FirstBank Group Appoints Olukorede Adenewo as Managing Director of FirstBank UK
FirstBank Group has appointed Olukorede Adenewo as the Managing Director of FirstBank UK, effective from November!-->…
Economic Challenges May Hinder Nigerian Insurance Sector’s Ambitious…
The Nigerian insurance sector's plans to generate a premium of N148.30 billion from third-party motor insurance!-->…
Tribute Paid to Late Christopher Ogunbanjo for Contributions to Nigerian Capital…
A special tribute session and closing-gong ceremony were held at the Nigerian Exchange Limited (NGX) to honor the!-->…
NGX Records Bullish Performance, Gains N51 Billion in Market Cap
The Nigerian Exchange Limited (NGX) continued its bullish trend, recording a 0.11% increase in the All-Share!-->…
Nigerian Equities Market Rises by 0.11% Boosted by Top Advancers
The Nigerian equities market recorded a 0.11% increase, attributed to the positive performance of key advancers!-->…
Nigeria Faces Challenges Meeting OPEC+ Oil Production Target, Independent…
Nigeria is encountering difficulties in meeting its oil production target set by OPEC+ for 2024, as revealed by!-->…
SBG Securities Ceases Coverage on Sub-Saharan African Food Producers Amidst…
SBG Securities Research, a member of the Standard Bank Group, has announced that it will no longer provide!-->…
Slowdown in Nigeria’s ICT Sector: Factors and Implications
Nigeria's Information and Communication Technology (ICT) sector, a key driver of economic growth for over five!-->…
Surge in Pension Fund Transfers: Navigating Opportunities and Challenges
The Nigerian pension landscape has witnessed a significant shift as 178,164 contributors, managing a total of!-->…
Nigeria’s 2024 Budget Deficit Challenges: Balancing Subsidy Removal Gains…
Despite the removal of fuel subsidies, Nigeria faces a historic budget deficit of N9.18 trillion in 2024,!-->…
Equinor Sells Nigerian Business to Chappal Energies: A Shift in Oil and Gas…
Norwegian energy company Equinor has reached an agreement to sell its Nigerian business, including its stake in!-->…
Nigeria Aims to Reduce Budget Deficit in 2024 Through Bold Reforms
Nigeria's President Bola Tinubu has unveiled ambitious plans to narrow the country's budget deficit to!-->…
Transparency Gap: Analysis Reveals Discrepancies in Climate Finance Reporting
A recent analysis by the ONE Campaign, a non-profit advocacy group, has unveiled significant discrepancies in the!-->…
Bola Tinubu Appoints New Board and Management Team for NNPC Limited
President Bola Tinubu has appointed a new Board and Management team for the Nigerian National Petroleum Company!-->…
FEC Approves N27.5 Trillion for 2024 Appropriation Bill
President Bola Tinubu presided over the Federal Executive Council (FEC) meeting, where the approval of the sum of!-->…
Zenith Bank Signs MoU with French Government to Establish Subsidiary in France
Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the French government to establish a!-->…
High Development Costs Keep Many Marginal Fields in Nigeria Dormant
Several marginal oil fields in Nigeria remain undeveloped years after being awarded to companies due to the!-->…
Delisting of Union Bank from NGX Results in N132bn Market Capitalization Loss
The delisting of Union Bank of Nigeria's shares from the Nigerian Exchange Limited (NGX) led to a N132 billion!-->…
Fintech Firm BFREE Explores Acquisition of Distressed Loan Portfolios from Union…
BFREE, a German-Nigerian fintech firm, has signed a Memorandum of Understanding (MoU) with Union Bank of Nigeria!-->…
Kenyan Tier-1 Banks Increase Loan-Loss Provisions by 45.8% in Q3 2023 Amid…
Summary: Eight tier-1 banks in Kenya, including Equity, KCB, and Stanbic, have collectively increased their!-->…
Court of Appeal Denies East Africa Portland Cement Relief, Upholds Attachment of…
East Africa Portland Cement Company (EAPCC) has faced a setback as the Court of Appeal declined to lift an order!-->…
President Ruto’s Administration Proposes Sale of 11 Parastatals Worth Over…
President William Ruto's administration is taking a significant step towards economic reform by proposing the sale!-->…
Treasury Introduces Regulatory Fee on Online Forex Brokers to Boost CMA Revenue
The Kenyan Treasury, led by Cabinet Secretary Njuguna Ndung’u, has implemented regulatory changes affecting online!-->…
Bank of Ghana Maintains Monetary Policy Rate at 30% Amidst Inflation Deceleration
The Bank of Ghana (BoG) has announced the decision to maintain the monetary policy rate at 30%, marking the!-->…