The Central Bank of Nigeria (CBN) has announced the immediate suspension of approvals for the extension of export proceeds repatriation for exporters. A circular dated January...
The Securities and Exchange Commission (SEC) has announced plans to strengthen the regulatory framework for borrowing by governments and corporate entities in Nigeria. SEC’s Director-General, Dr....
Guaranty Trust Holding Company Plc (GTCO) has announced plans to attract foreign institutional investments in the second phase of its recapitalisation programme in 2025. This follows...
Landmark Group has secured waterfront land in Port Harcourt, in partnership with the Rivers State Government, to redevelop the once-popular Port Harcourt Tourist Beach into a...
The Dangote Petroleum Refinery retained 13% of Nigeria’s crude oil exports as domestic supply in 2024, according to a new report by Reuters. This development increased...
Nigeria’s untapped export potential is estimated at $3 billion, according to data from the International Trade Centre (ITC). The report highlights several key export commodities, including...
The Bank of Industry (BOI) has achieved a historic milestone by successfully raising €1.879 billion in 2024, the largest sum ever secured by any Nigerian or...
The Federal Government of Nigeria has allocated a substantial sum of N17,313,619,734 in the 2025 budget for the provision of Group Life Assurance coverage for employees...
The Dangote Petroleum Refinery says Heyden Petroleum and Ardova Plc have joined it to ensure the supply of affordable Premium Motor Spirit (petrol) in Nigeria. The...
MTN Group, the largest network operator in Africa by subscriber base, has announced the successful completion of the sale of its operations in Guinea (known as...