Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), said Nigeria’s refining sector has expanded following the issuance of nine Licenses to Establish (LTEs), seven Licenses to...
World Bank Group has said in its latest Commodity Markets Outlook that “global commodity prices are set to tumble to a five-year low in 2025 amid...
Nigeria based fintech Moniepoint has raised $110 million in new funding from investors including Google to scale up digital payments and banking solutions across Africa, the...
Nigerian equities started the week bearish, halting five consecutive sessions of gain as the benchmark index gave up 74bps to close at 98,708.90 points. The market relapse...
Africa Finance Corporation, Africa’s leading infrastructure solutions provider, have signed a Memorandum of Understanding (MOU) to collaborate on initiatives to boost exports in both the Kingdom...
Nigeria Shippers’ Council, NSC, and its Airfreight stakeholders have expressed worries over low economic activities at the Port Harcourt International Airport, Omagwa. The summit stressed the need...
Universities across the country, especially those owned by the federal government, were on Monday shut down by non-academic staff under the aegis of the Senior Staff...
Transnational Corporation (Transcorp) Plc has announced the successful completion of its share reconstruction, a strategic action aimed at maximising long-term shareholders’ value. The share reconstruction involved...
The Federal Government of Nigeria (FGN) is pressing for a $750 million loan from the World Bank. The amount is part of the broader $2.25 billion...
Several Rice mills in the Northern Nigeria have shut down operation as a result of increase in production cost as well as the halt of intervention...
Mining Marshals drafted from the Nigeria Security and Civil Defence Corps, NSCDC, have arrested three Chinese and two Nigerian nationals over illegal mining activities in Nasarawa...
The management of Dangote Cement’s Ibese Plant has reaffirmed its commitment to advancing its local content policy, aiming to stimulate the economies of its 17 host...
The African Development Bank and the Asian Development Bank have signed a $1 billion exchange exposure agreement (EEA) aimed at enhancing the African Development Bank’s capital...
International Finance Corporation IFC, a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have signed an agreement to increase local currency...
Polaris Bank, has proved its digital dominance in the Nigerian banking industry, winning the most-coveted award as the best in digital banking and the entire ecosystem...