The Africa Finance Corporation – lead developer of the U.S.-backed Lobito minerals transport corridor – is in talks with at least 10 African and foreign financiers...
UN secretary general Antonio Guterres has advocated reform to address an annual development financing gap of up to $1.6 trillion facing Africa. Mr Guterres made the...
The leadership of the National Insurance Commission (NAICOM) and the National Space Research and Development Agency (NASRDA) met yesterday to discuss a strategic partnership aimed at...
Zenith Bank Plc has announced the opening of its Côte d’Ivoire subsidiary, marking a pivotal achievement in the Group’s Pan-African expansion strategy. The official opening ceremony,...
African Development Bank (AfDB) has said that Africa can mobilise up to $1.43 trillion annually from domestic resources with the right policy and institutional reforms. Kevin...
African Corporates will have a unique opportunity to learn how to fully maximize the benefits of the African Continental Free Trade Area (AfCFTA) when the third...
Pan-African lender Ecobank is in talks with Bank of China to launch a direct local-currency-to-yuan settlement product for its customers by year end, its group CEO...
Central Bank of Nigeria (CBN), in collaboration with the Financial Markets Dealers Association (FMDA), has introduce the Nigerian Overnight Financing Rate (NOFR), a standardized benchmark aimed...
Finance and economy minister Wale Edun has said that Nigeria has no immediate plans to approach the International Monetary Fund for financial assistance. Mr Edun stated...
Africa’s leading multilateral insurer of trade risk is seeking around $500 million in capital from partners to support countries that face higher costs as a result...
The fourth quarter of 2025 saw impressive growth in the Nigerian insurance sector, with gross premiums reaching N2.301 billion. This is according to a report released...
The Central Bank of Nigeria (CBN) says strong governance and risk discipline are critical to the success of Nigeria’s ongoing bank recapitalisation programme. Dr Blaise Ijebor,...
Wema Bank Plc has reported profit before tax of N221.85 billion in the 2025 financial year, representing a 116 per cent increase compared with N102.51 billion...
The Central Bank of Nigeria has plans to recapitalise and restructure development finance institutions (DFIs) as part of efforts to address a widening financing gap facing...
Ministry of Solid Minerals Development will continue its technical and regulatory oversight. Nigeria Revenue Service (NRS) announced on Friday that it has taken over the collection...