The Central Bank of Nigeria (CBN) has highlighted rising loan defaults among Large Private Non-Financial Corporations (PNFCs) and Other Financial Corporations (OFCs) in the first quarter...
Sterling Bank has announced the removal of all charges on online transactions to alleviate the financial pressure on its customers. Abubakar Suleiman, the bank’s managing director...
The naira gained value against the US dollar on Thursday, April 10, 2025, marking a strong rebound in the official foreign exchange market after a series...
At the 36th Enugu International Trade Fair, the Dangote Group emphasized the need for increased investments in technology to enhance the competitiveness of Nigeria’s industrial sector...
The Nigerian Ports Authority (NPA) has launched a series of dedicated Export Process Terminals (EPTs) aimed at enhancing the ease and speed of exporting goods from...
A new report by the World Bank has revealed a troubling reality — nearly 2 billion people in low- and middle-income countries are still without meaningful...
The Nigerian Electricity Regulatory Commission (NERC) has imposed hefty fines totaling over N628 million on eight electricity distribution companies for exceeding the approved billing limits for...
Temile Development Company Ltd has expanded its footprint in Nigeria’s gas sector with a new $250 million agreement signed with Hyundai Heavy Industries for the construction...
Nigeria is taking significant steps to exit the Financial Action Task Force (FATF) grey list following the passage of the Investments and Securities Act (ISA 2025),...
Private sector activity in Nigeria continued to show signs of growth in March 2025, as the Central Bank of Nigeria (CBN) reported a Purchasing Managers’ Index...