The President of Dangote Group, Aliko Dangote, has reaffirmed the conglomerate’s commitment to ending raw sugar importation in Nigeria with an investment exceeding $700 million in sugar production. Da...
FBN Holdings Plc, a financial holding company, has announced a change in its brand name to First HoldCo Plc, FirstHoldco. A statement from the firm on Tuesday stated that the rebranding would be adopt...
Nigeria spends about $10 billion annually on raw material imports despite having many of these resources in abundance, the Minister of State for Industry, Trade, and Investment, Senator John Owan Enoh...
Following the retirement of Dr Shamsuddeen Usman as its Chairman, Citibank Nigeria Limited (Citi) has been appointed Dr. Mahmoud Isa-Dutse as Board Chairman. The appointment becomes effective immediat...
The Federal Government has officially taken full ownership of Keystone Bank following a court ruling ordering the forfeiture of the bank’s shares previously held by its former shareholders, Sigma Golf...
Chowdeck, one of Nigeria’s leading food delivery startups, shared its plan to expand to other African countries at the 2024 edition of Moonshot. The company’s first international foray will be to...
The Central Bank of Nigeria (CBN) has announced a review on the transaction fees for automated teller machines (ATMs) In a circular signed by John Onojah, acting director of financial policy and regul...
Vice President Kashim Shettima on Monday inaugurated the Presidential Committee on Economic and Financial Inclusion (PreCEFI) as part of the Federal Government’s commitment to achieving a trillion-dol...
The Central Bank of Nigeria (CBN) has announced a new date for the 299th meeting of its Monetary Policy Committee (MPC), shifting it from the initially scheduled February 17 and 18, 2025, to February ...
Financial experts have warned that implementing the four per cent Free-On-Board (FOB) levy on imports would exacerbate inflation in the country. The Nigeria Customs Service (NCS) on February 5 announc...
