The African Development Bank (AfDB) has opted to withdraw its international staff from Ethiopia. The decision was announced in a statement released on Wednesday, with the...
AIICO Insurance Plc has acquired a five percent shareholding in Infrastructure Credit Guarantee Company Limited (InfraCredit). This strategic investment positions AIICO as the second domestic institutional...
Zenith Bank Plc has been listed in the World Finance 100 2023 released by World Finance Magazine, achieving the feat as the only Nigerian company in...
In a strategic move to bolster support for the private sector, infrastructure development and women-owned businesses, the United Bank for Africa (UBA) has successfully secured a...
Grassroots farmers and petty traders in Nigeria find themselves ensnared in the web of a persistent cash crunch that has cast shadows on their once-thriving businesses....
By Ifelade Ayodele In recent years, there has been a growing recognition of the significant role remittances play in driving economic growth and development across Africa....
World Bank data has exposed the stark reality that the Federal Government’s ambitious N25,000 monthly cash transfer program has reached a mere 0.1% of its intended...
Nigeria’s financial inclusion rose to 74% in 2023, according to the latest Access to Finance Report launched by the non-governmental organization Enhancing Financial Inclusion and Access....
Somalia has successfully negotiated the cancellation of $4.5 billion in debt with international lenders, marking a pivotal moment in the nation’s journey toward economic recovery. The...
The Central Bank of Nigeria (CBN) has taken decisive action by suspending the processing fees of two percent and three percent previously levied on cash deposits...
