Nigerian airlines are currently missing out on a major opportunity to earn revenue from the international air travel market, which is estimated to be worth over N8 trillion. The main …
Banking, Finance & Investment
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UK Government Praises Tinubu’s Reforms, Says Nigeria Now Attracting More British Investors
The United Kingdom has expressed strong support for Nigeria’s economic direction under President Bola Ahmed Tinubu, saying that the reforms introduced by his government are building investor confidence and positioning …
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Banking, Finance & InvestmentBusiness InsightsDevelopmentEconomyGOVERNMENTNigeria
World Bank Faults FG’s Cash Transfer Scheme, Says Millions of Poor Nigerians Left Out
The World Bank has raised concerns over the Nigerian government’s Conditional Cash Transfer (CCT) programme, saying it has failed to reach millions of vulnerable citizens it was meant to support. …
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AviationBanking, Finance & InvestmentBusinessBusiness InsightsGOVERNMENTNigeriaPolicies
Travel Agents in Crisis as CBN Dollar Policy Clashes with Foreign Airline Demands
Travel agents in Nigeria are facing fresh hurdles as the Central Bank of Nigeria (CBN) enforces a policy limiting dollar withdrawals and transfers to a maximum of $10,000 daily, severely …
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Banking, Finance & InvestmentCyber securityInnovationKenyaTechnology
Microfinance Banks Cut Back Innovation Teams Amid Rising Costs – CBK Survey
Microfinance Banks (MFBs) in Kenya are scaling down their dedicated innovation teams more than any other financial institutions, according to the latest Banking Sector Innovation Survey 2024 conducted by the …
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AfricaBusiness InsightsBusiness PoliciesEconomyGOVERNMENTINVESTMENTKenyaLabourManufacturingTrade and Commerce
Kenya Earns KSh 60.6 Billion from Apparel Exports to US under AGOA in 2024
Kenya earned KSh 60.6 billion from apparel exports to the United States in 2024 under the Africa Growth and Opportunity Act (AGOA), representing a 19.2% increase from KSh 50.8 billion …
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AfricaEnergyEnvironmentGOVERNMENTInfrastructureINVESTMENTNigeriaPoliciesTechnology
Industry Leaders to Chart Nigeria’s Energy Future at 2025 NOG Energy Week in Abuja
Top energy industry stakeholders from around the world are expected to converge in Abuja from June 29 to July 3, 2025, for the 24th NOG Energy Week, which is regarded …
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EconomyEnergyEnvironmentGOVERNMENTInfrastructureINVESTMENTNigeria
FG’s Rural Electrification Drive Attracts ₦5.8bn Private Investment, Powers 183 Communities
The Federal Government, through the Rural Electrification Agency (REA), has revealed that its clean energy programmes have attracted over ₦5.8 billion in private sector investment, significantly boosting energy access for …
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BusinessBusiness InsightsEconomyFinance & ServicesGOVERNMENTINVESTMENTMarketsNigeriaOil & Gas
CSCS Pays N8.8 Billion Dividend to Shareholders for 2024 Financial Year
The Central Securities Clearing System (CSCS) Plc has confirmed the payment of N8.8 billion to its shareholders as dividends for the 2024 financial year. The approval for the payment was …
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Business InsightsEconomyFinance & ServicesFintechInsuranceINVESTMENTNigeria
Less Than 2 Million Nigerians Buy Insurance Yearly – Stakeholders Raise Alarm at Investment Summit
Industry experts and financial stakeholders have revealed that fewer than two million Nigerians buy insurance policies annually, a figure that highlights a deep gap in coverage and awareness within the …