Lafarge Africa Plc has officially changed its corporate identity and name to HBM Nigeria Plc, marking a new phase in the company’s operations following changes in its shareholder structure. The compan...
The Ministries, Departments and Agencies of the Federal Government have spent N11.85bn on fuel for motor vehicles and generators between January and April 2026, as elevated domestic petrol prices and ...
Nigeria’s proposed $5bn total return swap financing arrangement could expose the country to additional debt-management and liquidity risks despite its potential benefits, global rating agency Fitch Ra...
The National Pension Commission has directed treasury-funded Ministries, Departments and Agencies to submit details of employees who retired or are due to retire between January 1 and December 31, 202...
The National Pension Commission and the National Union of Road Transport Workers have begun discussions on a partnership aimed at enrolling an estimated nine million transport workers into the Persona...
The Central Bank of Nigeria’s ambition to transform its payment ecosystem through biometric-driven and “invisible” transactions may redefine how millions of citizens pay for goods and services, but th...
Nigeria’s headline inflation rate has gone up again, the third consecutive month, in May 2026, hitting 15.93 percent The National Bureau of Statistics, NBS, announced the increase in its latest consum...
FirstBank Nigeria yesterday announced that FirstAdvance, its flagship salary backed digital loan product, has hit a milestone of N1 billion daily disbursement. The bank, in a statement, said that the ...
The Central Bank of Nigeria, CBN, has directed banks, fintechs and other operators in the payments ecosystem to store all payment transaction data generated in Nigeria within the country, while also i...
Foreign investors channelled $3.23bn into Nigerian bonds in the first quarter of 2026, highlighting a strong appetite for the country’s fixed-income securities amid elevated interest rates and improvi...
