Cascador, a Lagos-based accelerator programme for mid-stage Nigerian entrepreneurs, has awarded over $3m in debt funding facilities to nine local startups to support their operations and reposition th...
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Pension Transitional Arrangement Directorate (PTAD) have agreed to sign a Memorandum of Understanding (MoU) to fi...
NBS announced the increase in its consumer price index (CPI) on Thursday. According to the bureau, the movement for April 2025 “headline inflation rate showed a decrease of 0.52% compared to the March...
The African Development Bank and the Islamic Development Bank are pooling a $610m joint initiative to combat climate-driven fragility and bolster resilience in Africa’s most vulnerable regions, partic...
Foreign investors pulled out N420.37 billion from the Nigerian equities market in the first quarter of 2025, representing a 251% year-on-year increase in outflows compared to the N119.81 billion recor...
The Federal Government has stated that the country attracted over $8bn in investments for deepwater and gas projects within a year. This represents an increase from a total of $6.7bn earlier announced...
The Central Bank of Nigeria (CBN) has announced a date for its 300th Monetary Policy Committee meeting. In a notice released on Tuesday, the CBN said its next MPC meeting will happen on May 19 and 20 ...
The United States lawmakers have proposed a bill seeking to impose a 5 per cent tax on remittances sent abroad. House Republicans released a bill draft on Monday targeting money people send to foreign...
Nigeria’s gross external reserves have declined by 6.5 per cent year-to-date, shedding $2.67 billion between January and May 2025, amid mounting debt servicing obligations and sustained dollar interve...
The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has officially launched the Non-Resident Bank Verification Number (NRBVN) platform. With this...
