The United Bank for Africa (UBA) recently received $17 million in funding from the Africa Development Bank (AfDB) Group to boost its support for the private sector and financing of infrastructure deve...
Wema Bank Plc said it would target a share placement or a public offer ahead of its forthcoming industry recapitalization order, which will target a share placement after the bank raised N40 billion i...
MTN Nigeria Communications (MTNN) has announced that it has raised N72.1 billion through its 266-day commercial paper (CP).In November, MTN Nigeria Communication Plc, Nigeria’s biggest telecom secto...
The Independent Petroleum Producers Group (IPPG) said that it is calling on the Federal Government to review some critical aspects of the Petroleum Industry Act (PIA) so as to strengthen the regulator...
The cash transfer program which was introduced by the Tinubu-led administration to cushion the effect of the removal of fuel subsidy was said to distribute N25,000 to 15 million impoverished household...
On Sunday, it was disclosed by the NERC that the Federal Government had spent a total of N375.8 billion on electricity subsidy between January and September this year. It also reveals that electricity...
The Nigerian Bureau of Statistics (NBS) has revealed that inflation for November surged to 28.20% from 27.33% recorded in October, underscoring the rising cost of living in the country.This was reveal...
The Central Bank of Nigeria (CBN) in Abuja announced it would act on the rising inflation and exchange rate in 2024. The bank also revealed that there will be fewer revenue exports in the 2024 fiscal ...
The Nigerian Exchange Limited investors gained 41.47% returns as the All-Share Index finished yesterday at 72,455.83 basis points from 27,915 basis points it opened for trading at the beginning of the...
British International Investment (BII) recently announced its plan to sign a contract valued at $15 million with a Singapore-headquartered agricultural commodities trading house, Valency International...