Senate has warned the Minister of State, Petroleum Resources, Timipre Sylva and the Group Managing Director of Nigerian National Petroleum Corporation Limited, NNPCL, Mele Kyari to tender...
By Agustin Carsten, Jon Frost and Hyun Song Shin When people or companies make a payment, they are trusting in two things: the money itself and...
Senate has set in motion machinery to regulate and formalise employment in the informal sector of the Nigerian economy. This include mode of employment of domestic...
Port Harcourt Refining Company Limited, PHRC, has said it would soon commence the rehabilitation of its pipelines in line with the ongoing process of repositioning the...
Staffers of FADAMA, Community and Social Development Agency, CSDA, and Medium and Small Scale Enterprises, MSME, in Ebonyi State have cried out following the non-payment of...
African Export-Import Bank (Afreximbank), in collaboration with the Nigerian Governors Forum (NGF), has announced the second edition of the African Sub-Sovereign Governments Network (AfSNET) Conference set...
Today, gains in BUACEMENT (+3.0%), ARDOVA (+7.4%), and STERLNBANK (+2.0%) aided a marginal uptick in the NGX-ASI to 49,171.70 from 49,161.45 points. Nevertheless, YTD return stood...
Amid rising urgency for instruments to de-risk investment across Africa, the Africa Co-Guarantee Platform’s (CGP) six partners have affirmed commitments to better leverage guarantee and insurance...
Central Bank of Nigeria Monetary Policy Committee has raised the base interest rate, Monetary Policy Rate from 14 per cent to 15.5 per cent to help...
The Senate on Tuesday at plenary, passed for second reading, a bill to amend the Central Bank of Nigeria Act. Leading debate on the general principles...
The Fund for Export Development in Africa (“FEDA”), the impact investment arm of the African Export-Import Bank (“Afreximbank”), set up to support intra-African trade growth, value-add...
Growth in most of developing East Asia and the Pacific rebounded in 2022 from the effects of COVID-19, while China has lost momentum because of continued...
As part of Union Bank’s commitment to driving financial inclusion in Nigeria, the Bank has partnered with WACOT Rice Limited – a rice processing company, to...
The Edo State in collaboration with the Bank of Industry (BoI), has extended credit lines to local manufacturers seeking loans of up to N20 million to...
The domestic market resumed trading activities on a positive note today as gains in BUACEMENT (+5.4%), UBN (+7.3%), and GTCO (+1.9%) lifted the benchmark index by...