Business and Economy
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Chevron Nigeria Limited onboards Agbonu Ogulagha-Ibe host Community Development TrustAgbonu Ogulagha-Ibe (HCDT)
Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited (“NNPCL”) and CNL, (“NNPCL/CNL…
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UK Government launches climate change programme targeting over 4 million Nigerians
£55 million contract and £2.89m grant as part of a £95m Propcom+ programme announced. Abuja, 02 August 2023 UK’s Foreign…
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FSD Africa Investments injects £10m into innovative risk sharing facility in partnership with InfraCredit to support Nigeria’s Sustainable Climate Infrastructure
Lagos, 01 August 2023 FSD Africa Investments (FSDAi), in collaboration with InfraCredit, have invested £10m into a first-of-its-kind risk-sharing backstop…
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Local Content: NCDMB espouses benefits of Insurance Industry collaboration
The Nigeria Content Development Monitoring Board, NCDMB, has craved the understanding and support of the insurance sector to strengthen the…
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Zenith Bank retains position as Best Commercial Bank in Nigeria for third conservative year, Best Corporate Governance Bank, at World Finance 2023 Awards
For a third year running, Zenith Bank Plc has been named the Best Commercial Bank in Nigeria at the World…
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Transcorp continues to deliver strong performance as H1 2023 financials show sustained growth
Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerate with investments in Power, Hospitality and Energy sectors has announced reported its…
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Avanti Communications cements market-leading position in sub-Saharan Africa
Avanti holds position as sub-Saharan Africa’s leading capacity partner for the second year running JOHANNESBURG Avanti Communications (“Avanti”) has been…
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Dangote says over 30,000 skilled Nigerians work with expatriates to build Refinery Complex
Management of Dangote Refinery have debunked a report published on the online platforms of some media organisations that the company…
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AfreximBank’s Head, Trade Finance, to shape Energy Investment Dialogue at Angola Oil & Gas 2023
Gwen Mwaba, Director & Global Head of Trade Finance at Afreximbank has confirmed her participation at Angola Oil & Gas…
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Vice Chancellors hail Dangote’s impact on Nigeria’s agricultural revolution
President of Dangote Group, Aliko Dangote has been hailed as a foremost entrepreneur whose laudable interventions in the agricultural sector…
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Tinubu as “Sobia” in need of Oluganbe leaf By Festus Adedayo
July 23, 2023 Initial applauses from Bretton Woods and some local economists that greeted the economic reforms of the Bola…
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Fidelity Bank reclassified as Medium Price Stock
Following a bullish run in the stock market in recent months, the Nigerian Exchange Limited (“NGX”) on Friday announced the…
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AfreximBank launches the African Trade Report 2023
Accra, 10 July 2023: The African Export-Import Bank’s (Afreximbank), 2023 edition of the African Trade Report (ATR2023) was launched at…
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CBN, Egypt’s apex bank partner on joint fintech bridge
By Kadiri Abdulrahman Abuja, July 18, 2023 The Central Bank of Nigeria (CBN), and the Central Bank of Egypt (CBE)…
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We’ve saved N220 million on monthly wage bill – Abia govt
By Ihechinyere Chigemeri-Uwom Umuahia, July 18, 2023 Abia government says it has saved N220 million on monthly wage bill through its…
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Dangote Cement increases capacity with new plants in Nigeria, Cote d’Ivoire, Ghana
…To roll out new plants in Nigeria, Cote d’Ivoire, Ghana. Dangote Cement has concluded plans to expand its production capacity…
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NCDMB reiterates commitment to oil, gas mandate implementation
By Lucy Ogalue/Emmanuella Anokam The Nigerian Content Development and Monitoring Board (NCDMB) has reiterated its commitment to ensure full implementation…
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Konga turns 11, promises shoppers mouthwatering offers
Konga, Nigeria’s leading composite e-commerce giant, is gearing up to celebrate its massive customer base and other Nigerians with an…
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Zinox to invest $250m on renewable energy, retrain over 500 Nigerian engineers nationwide
ZINOX Technologies Limited, one of Africa’s leading integrated technology group, has unveiled a plan to invest over $250,000,000 after years…
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2 FGN savings bonds ready for subscription – DMO
By Kadiri Abdulrahman Abuja, July 3, 2023 The Debt Management Office (DMO) has listed two Federal Government of Nigeria (FGN)…
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Monday Market: Zulum asks committee to fast-track reconstruction
… Wants original master plan used … Happy with rebuilding works Governor of Borno State, Babagana Umara Zulum, has charged…
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AfDB approves $115m loan to Abia for road rehabilitation, erosion
By Lucy Ogalue Abuja, July 1, 2023 The Board of Directors, African Development Bank (AfDB), has approved a loan of…
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Afreximbank, Ghana Railway Company to develop Western Railway Corridor to boost Trade and Industry
ACCRA: The African Export-Import Bank (Afreximbank) and Ghana Railway Company, the national railway operator of Ghana, have signed a…
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Bloomberg rates Aliko Dangote richest man in Africa with $15.6bn
…Emerges the only Nigerian among six Africans in the top 500 Index President of Dangote Group, Aliko Dangote remains the…
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Afreximbank and UTM Offshore to develop Floating LNG project in Nigeria
ACCRA The African Export-Import Bank (Afreximbank) and UTM Offshore Limited have signed a Project Preparation Facility Agreement to develop, design,…
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