After a 50-year hiatus, Ethiopia has officially launched the Ethiopian Securities Exchange (ESX), marking a significant milestone in the country’s financial sector and investors’ participation. Ethiopian...
The Central Bank of Nigeria (CBN) has announced the launch of two new account types targeted at Nigerians in the diaspora: the Non-Resident Nigerian Ordinary Account...
CBN Halts Export Proceeds Repatriation Extensions The Central Bank of Nigeria (CBN) has announced an immediate suspension of approvals for the extension of export proceeds repatriation...
The Dangote Petroleum Refinery retained 13% of Nigeria’s crude oil exports as domestic supply in 2024, a new report by Reuters has stated. The report originally...
China Development Bank has released a $254.76 million loan to Nigeria for a railway project linking the two northern states of Kano and Kaduna. The stated...
By Collins Nweke Nigerians who have been crying over harsh times and excruciatingly high cost of living have recently been told that theirs is no...
The Tony Elumelu Foundation (TEF) has announced that applications are now opened for its 2025 Entrepreneurship Programmes. The Africa’s leading champion of entrepreneurship application opened January...
PalmPay, a leading Africa-focused fintech platform, has been recognized in the 2024 KPMG West Africa Banking Industry Customer Experience Survey for delivering exceptional customer experiences and...
Guaranty Trust Holding Company Plc (GTCO Plc) has successfully completed the first tranche of its equity capital raise programme, following the completion of the capital verification...
By FBNQuest Research According to the most recent data provided by the CBN’s Quarterly Statistical Bulletin (QSB), the total utilisation of foreign exchange (FX) by various...
The National Association of Nigerian Students (NANS) has called on the federal government to intervene in the crisis surrounding the re-appointment and suspension of Dr. Wahab...
Disengaged staff members of the Central Bank of Nigeria (CBN), who were laid off in a mass redundancy last year, are currently seeking redress at the...
AI in Nigeria today announced that InnovateAI Lagos 2025 is scheduled for February 21, 2025. The event with the theme “Scaling AI Adoption in Nigeria: Catalysing...
President Bola Tinubu has made a firm commitment that his administration will complete the Eastern Rail line connecting Port Harcourt to Maiduguri. President Tinubu gave the...
Oil markets have started the year with a renewed sense of optimism, driven by stock draws in the U.S. and China’s attempts to stimulate its economy....
By Simbo Olorunfemi That Baba Obasanjo has an almost child-like emotional attachment to the public-owned refineries under the trust and care of the NNPCL is not...
In the final trading day of the year 2024, the bears dominated the domestic bourse as the NGX All-Share Index (ASI) shed 22 basis points to...
ASI Closes 2024 at +37.65% Nigerian Exchange Limited (NGX) has marked a remarkable turnaround, breaking away from the poor performance of the 2015–2019 period to thrive...
Highlights Sector is under siege Operators crave bold reforms Clamour for tariff review ricochets Service shedding imminent The survival of Nigeria’s telecommunications sector in 2025 and...
UnoTelos, a leading telecommunications innovator in Nigeria, today announced a groundbreaking strategic partnership with Niral Networks, an advanced Private 5G and EDGE AI computing solutions provider from...