IMF Offers Nigeria, Others Zero-Interest Loans The International Monetary Fund is prepared to lend money to Nigeria and other countries facing economic crisis at zero interest...
Travelex to Commence Sales of Forex to BDCs Today Travelex, an international money transfer agent, will commence the sales of forex to the 3,000 registered Bureaux...
Merkel Warns U.K., No Special Access to Europe Single Market The Chancellor of Germany Angela Merkel said on Thursday that there will be no special access...
Eko Atlantic to Become West Africa’s Financial Hub The Eko Atlantic City will accommodate the headquarters of the sub-region’s leading banks, financial institutions and international corporations,...
Fashola Raises Panel to Restructure FHA Power, Works and Housing Minister Mr. Babatunde Fashola has set up an ad-hoc committee to review the re-structuring and commercialisation...
IFC to Raise $5b for Infrastructure Investments The International Finance Corporation (IFC), a member of the World Bank Group, has launched a programme that aims to...
Investments in Oil, Gas Free Zones Hit $75b Investments in Nigeria’s oil and gas free zones has hit $75 billion. It has also created more than...
Benue Seeks NERC’s Licence to Build 10MW Power Plant The government of Benue State has approached the Nigerian Electricity Regulatory Commission (NERC) to grant it licence...
FirstRand Group Eyes Undervalued Assets in Nigeria FirstRand Limited, a South African bank and the leading lender by market value on the continent, plans to buy...
Nigeria Dropped to 127th Place on Global Competitiveness Index Nigeria has dropped three places to the 127th position on the latest World Economic Forum’s (WEF) Global...