In an open letter on Wednesday, Dangote thanked President Bola Tinubu for his leadership and farsightedness on the Bar Beach land reclamation project in Victoria Island, Lagos. He said that through th...
Enugu State Governor, Peter Mbah, has declared that the newly launched state-owned airline, Enugu Air is for the traders and people of Enugu and not a government initiative for politicians . The gover...
The Central Bank of Nigeria (CBN) has clarified speculations about hidden charges on the newly launched Non-Resident Bank Verification Number (NRBVN) platform. In a recent release, the CBN stated that...
The Central Bank of Nigeria has directed banks to submit a capital restoration plan as part of regulatory efforts to support the exit from the forbearance regime. In a circular signed by the CBN Direc...
The recommendation was contained in an article published on Monday, written by Axel Schimmelpfennig, the IMF’s mission chief to Nigeria, and Christian Ebeke, the fund’s resident representative in Nige...
A week after the Central Bank of Nigeria (CBN) issued a Circular to banks on the resolution of regulatory forbearance on their single obligor limit (SOL) infractions and other loan assets while it sus...
Despite Nigeria’s non-oil exports posting a 78.07 per cent year-on-year growth in the first quarter of 2025, stakeholders have raised concerns that the figures do not fully reflect the actual value of...
In a statement on Wednesday, the LAAC said the event will hold in Lagos, hosting top industry leaders, financial experts, regulators, and policymakers. According to the statement, this year’s conferen...
According to CNBC, the layoffs will affect less than 4 percent of the company’s global workforce and will cut across multiple departments, levels, and geographies. “We continue to implement organizati...
In 2006, a request from a computer in Lagos to another computer in Abuja took a bizarre and expensive detour to the US or even the UK. Nigerian data didn’t stay in Nigeria; in fact, only 0.01% of Nige...