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...
The Nigerian Federal Government has called on West and Central African countries to foster collaboration for the success of the African Continental Free Trade Area (AfCFTA)....
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of November 16th, 2023, the dollar...
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,...
Oil prices declined on Wednesday as the United States crude oil production rose to a record high. Brent crude oil slid by 34 cents to $82.13...
In a significant stride toward reshaping Africa’s automotive landscape, Nigerian mobility-fintech startup Shekel Mobility has successfully secured $7 million in seed funding. The funding, consisting of...
Ethiopian Airlines has made history by securing the largest-ever purchase of Boeing airplanes on the African continent. The airline has inked a deal for 11 Boeing...
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...
The Nigerian National Petroleum Company Limited (NNPC) has announced that the $2.8 billion Ajaokuta–Kaduna–Kano (AKK) gas pipeline project, under construction by Oilserve Limited, is set to...
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...