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Nigeria has signed a Memorandum of Understanding, MoU, with a Russian consortium, the original builders of Ajaokuta Steel Plant Messrs, Tyazhpromexport, TPE, to rehabilitate, complete and...
Pension Commission has said that the private sector contributed 47.76 per cent of the country’s pension fund of N10.95 trillion as at the end of the...
Coca-Cola plans to invest $1 billion in its Nigeria operations over the next five years, the country’s presidency said after a meeting between President Bola Tinubu...
Central Bank of Nigeria (CBN) has constituted a full Board of Directors for Polaris Bank in a major transition that signals the remarkable achievements of the...
U.S. stock indexes sailed higher in the wake of their global counterparts and the dollar wobbled on Thursday after the Federal Reserve started a long-awaited interest...
Oil prices rose more than 1% on Thursday after a large interest rate cut from the U.S. Federal Reserve, helping Brent to recover from below $69...
Federal Government has threatened to jail private employers paying below 70,000 new minimum wage despite its struggles to start payment of the same amount to federal...
Minister of Marine and Blue Economy, Mr. Adegboyega Oyetola, CON, has said that the Ministry, in collaboration with the Nigerian Maritime Administration and Safety Agency (NIMASA),...
Federal Government on Thursday announced a line-up of activities to mark Nigeria’s 64th Independence anniversary on October 1, stating that the events will be low-key in...
AFG Holding SA has acquired a controlling stake in Access Microfinance Holding AG (AccessHolding) and indirectly its African subsidiaries. The former investor group behind AccessHolding included...
The Central Bank of Nigeria (CBN) is to reintroduce cybersecurity levy on electronic transactions. The apex bank disclosed this in its Monetary, Credit, Foreign Trade, and Exchange...
Federal Government and environmental stakeholders have taken steps to address the growing challenges of plastic waste pollution in the country. Speaking at a stakeholders’ meeting on...
The Federal Accounts Allocation Committee (FAAC) has shared ₦1.2 trillion in revenue to the Federal Government, states and Local Governments for August. This represents a short...
Minister of Solid Minerals Development, Dr Dele Alake, Wednesday, assured that the Federal Government would use Nigeria’s mineral wealth to propel economic transformation. Alake who was...
Ghana’s economy grew by 6.9% year-on-year in the second quarter of 2024, the fastest rate in five years, boosted by expansion in several key sectors, the...