Business and Economy
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Afreximbank says Africa must raise factoring volumes to at least €240 billion to support SME-led transformation
ABIDJAN, Ivory Coast, December 9, 2025 Afreximbank (www.Afreximbank.com) has highlighted the critical importance of factoring and supply chain finance (SCF)…
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NNPC E&P hits 355,000bpd production, records highest output since 1989
By Emmanuella Anokam Abuja, Dec. 9, 2025 The NNPC E&P Limited (NEPL), the flagship upstream subsidiary of NNPC Ltd., has…
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CBN confirms 82 BDCs fully licensed under revised guidelines
The Central Bank of Nigeria (CBN), in exercise of its powers conferred under the Bank and Other Financial Institutions Act…
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UBA Group dominates 2025 Banker Awards, emerges Africa’s Bank of the Year, for third time in five years
….Wins Best Bank in nine out of 20 African subsidiaries Africa’s Global Bank, United Bank for Africa (UBA) Plc, has…
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Renaissance inaugurates flare reduction project, increases gas output
Port Harcourt, Nigeria, December 07, 2025 Renaissance Africa Energy Company Limited has inaugurated its Southern Swamp Associated Gas Solutions (SSAGS)…
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Konga unveils Naija Shopping Festival to power festive season savings nationwide
Nigeria’s leading composite e-commerce giant, Konga, has officially flagged off the Konga Naija Shopping Festival, a nationwide end-of-year shopping campaign…
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UK, Nigeria launch flagship economic reform programmes to strengthen stability, drive economic growth
05 December 2025 The British High Commission in Abuja has launched two flagship economic reform programmes – the Nigeria Economic…
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NCDMB unveils $100m Equity Investment Scheme as Nigerian Content hits 61% in 2025
The Nigerian Content Development and Monitoring Board (NCDMB) has unveiled a $100 million Equity Investment Scheme among a raft of…
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Fidelity Bank receives Customs Service Award for pioneering role in UCMS implementation
Fidelity Bank’s leadership in digital innovation and public sector collaboration has once again been spotlighted as the tier-one lender…
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NCDMB emerges Best Agency in Ease of Doing Business for the 4th Year
The Nigerian Content Development and Monitoring Board (NCDMB) has won the Presidential Enabling Business Environment Council (PEBEC) Transparency and Efficiency…
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PAPSS champions sovereign payments to boost intra-African trade
By Vivian Ihechu Lagos, Dec. 2, 2025 The Pan-African Payment and Settlement System (PAPSS) is accelerating a significant shift in…
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Cloud Accelerator Programme: MTN gives 20 startups N5m each
By Stellamaris Ashinze Lagos, Dec. 1, 2025 MTN Nigeria has unveiled to investors, solutions by 20 early stage startups, who…
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Nigeria should not be importing fuel; We have capacity to meet local demand — Dangote
.… Seeks legislative backing for Nigeria First Policy President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has criticised the crude supply…
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FG Gold, AFC, Afreximbank achieve financial close on US$330 million Senior Debt Financing for Baomahun Gold Project
FREETOWN, Sierra Leone, December 1, 2025 FG Gold Limited (“FG Gold”) has announced that it has achieved financial close and…
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Chevron strengthens its global collaboration with TotalEnergies
LAGOS, Nigeria Further to an ongoing discussion of global opportunities between Chevron and Total Energies, Star Deep Water Petroleum Limited, a…
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Huge US food aid programs to continue globally despite USAID’s closure, but… – Trump govt. officials
The United States of America (USA)’s policy on huge export of American grown commodities to aligned countries in need will…
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Afreximbank successfully closes second Samurai Bond transactions, raising JPY 81.8 billion (approx. USD 527 million)
TOKYO, Japan, November 28, 2025 African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully closed its second Samurai bond transaction, securing a…
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NLNG, NCDMB to collaborate in Asset Intervention programme
Nigeria LNG Limited (NLNG) and the Nigerian Content Development and Monitoring Board (NCDMB) have engaged in productive discussions towards collaboration…
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FG approves Victor Attah Airport for international flights
The Federal Government has officially upgraded Victor Attah Airport in Uyo, Akwa Ibom State, to international status, marking a major…
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Renaissance partners EU on energy security, industrialisation
ABUJA, Nigeria, November 25, 2025 Renaissance Africa Energy Company Limited and the Delegation of the European Union (EU) to Nigeria and…
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NNPC Limited declares ₦5.4 trillion Profit After Tax
… As Ojulari pledges strategic investments to sustain growth into next decade NNPC Limited has announced its financial performance for…
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Zenith Bank Tech Fair 5.0 spotlights innovation, awards ₦140 million cash prize to Hackathon winners
A total cash prize of ₦140 million has been awarded to ten (10) African innovators to scale their transformative solutions…
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NCDMB partners Renaissance, First E&P, to launch Nigerian Engineering Olympiad
The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Renaissance Africa Energy Company Limited and First Exploration &…
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Stakeholders hail Tinubu’s new Tax Ombudsman
By CDon Adinuba Financial experts in the country have hailed the appointment of an American-based Nigerian financial consultant, Dr. John…
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Oyetola makes final diplomatic push for Nigeria’s IMO Council seat in London
November 21, 2025 Nigeria intensified its final round of diplomacy ahead of next week’s crucial election into Category C of…
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