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...
Nigeria’s national electricity grid collapsed on Monday leaving many parts of the country without power, electricity distribution companies said. The grid has collapsed at least four...
Vendease, an online marketplace for Africa’s food businesses, says it has raised $30 million to transform restaurant businesses across Africa. Vendease which made this known in...
The National Assembly says the Data Protection Bill will be passed into law within 30 days of receiving it from the Federal Executive Council. The Chairman...
