The World Bank has initiated the disbursement of the approved $800 million allocated for the National Social Safety Net Program-Scale Up in Nigeria. Recent documents from...
Nigeria’s Oando Plc has inked a landmark $800 million deal with the African Export and Import Bank (Afreximbank) at the ongoing Intra-African Trade Fair in Cairo,...
The Central Bank of Nigeria (CBN) has announced its decision to extend the validity of the old N200, N500, and N1,000 notes indefinitely. The apex bank...
Union Bank of Nigeria has announced a revision in the stake acquisition price for minority shareholders, increasing it from N7 per unit to N7.70. The disclosure...
The Nigeria Deposit Insurance Corporation (NDIC) has issued a clarification and refuted recent misleading reports circulating on social media with the headline “CBN Liquidates 20 Banks...
The former Minister and Attorney General of the Federation, Michael Aondoakaa, has commended the Central Bank of Nigeria (CBN) for its crucial role in Nigeria’s triumph...
A new report from Standard Chartered Bank Group anticipates that intra-Africa exports will surge to $1 trillion by 2035 following the implementation of the African Continental...
The Central Bank of Nigeria (CBN) has initiated stringent measures, leading to the revocation of licenses for Allied Bank and 19 other financial institutions. The Nigeria...
A recent analysis of data from the Central Bank of Nigeria (CBN) indicates that the total balance in domiciliary accounts within the nation’s commercial and merchant...
The African Development Bank (AfDB) has projected that Africa’s food and agribusiness sector could hit a $1 trillion valuation by 2030. Dr. Akinwumi Adesina, the President...