President Bola Tinubu, yesterday hailed Afreximbank’s role in shaping Africa’s trade landscape, and commitment to breaking down barriers, bridging financing gaps as well as empowering African business...
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has said that Nigeria’s gas development objective was gaining traction with more private sector investment in the sector. The minis...
A leading digital financial services provider, Moniepoint Inc., is supporting Nigeria’s digital economy agenda with its DreamDevs initiative. The initiative, which is designed to nurture the brightest...
According to NAN, the contract covers engineering, procurement, construction, and financing for the implementation of transmission lines under phase 1 of the presidential power initiative (PPI). At th...
President Donald Trump’s 14% tariff on Nigerian exports, such as cocoa, fertilizers, and ginger, could have unintended consequences for Nigeria’s banking sector. Although currently on hold f...
On Wednesday, United States President Donald Trump raised China’s tariff rates from 104 percent to 125 percent and paused tariffs for dozens of other countries. In a statement on Wednesday, Okonjo-Iwe...
Out of the $1.8 billion Nigeria spent on debt servicing in the fourth quarter of 2024, the International Monetary Fund (IMF) received a lion’s share of $407.97 million. This, according to the Debt Man...
The latest data from the Central Bank of Nigeria (CBN) BOP report reveals that Portfolio Investment inflows grew by 106.5%, rising to $13.35 billion in 2024, from $6.47 billion in 2023. This influx of...
Chairman of Transcorp PLC, Mr. Tony Elumelu, has revealed that the company’s market value has surged to $3 billion (N4.5 trillion), up from less than N20 billion in 2011 when the group took over owner...
Global financial experts have described Nigeria as a cash-dependent nation, where people largely depend on physical cash despite efforts by government to transform Nigeria into a cashless economy. In ...
