CreditPro Finance Company Limited has received approval from the Central Bank of Nigeria (CBN) to operate as a licensed finance company, a development expected to boost lending to small and …
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- AviationBusinessEconomyInfrastructureNewsNigeriaTrade & Investment,
United Nigeria Airlines Signs Deal for Six Boeing 737-800 Aircraft
United Nigeria Airlines has entered into an aircraft acquisition agreement with Southwest Airlines, a United States-based carrier, for the purchase of six Boeing 737-800 aircraft. The deal marks a significant …
- BusinessEconomyInternational RelationsNigeriaTrade & Investment,
Private Sector Backs Lagos Hosting of Intra-African Trade Fair 2027
The Organised Private Sector (OPS) has expressed strong support for Nigeria’s successful bid to host the Intra-African Trade Fair (IATF) 2027 in Lagos, saying it will boost trade, empower local …
- Banking, Finance & InvestmentBusinessCorporate GovernanceEconomyInsuranceINVESTMENTNigeria
Agusto & Co. Assigns ‘A’ Ratings to Heirs Insurance Group Businesses
Credit rating agency Agusto & Co. has upgraded the ratings of Heirs Insurance Group, assigning ‘A’ ratings to its life and general insurance businesses. The announcement revealed that Heirs Life …
- BusinessEnergyMarket StabilityOil & GasOPEC+
OPEC+ to Raise Oil Output by 137,000 Barrels Daily in October
The global oil market is set for another adjustment as eight member countries of the OPEC+ alliance announced plans to increase their crude oil production by a total of 137,000 …
- BusinessEastern AfricaEconomySafetyTechnologyTransport
LATRA Pushes New Technology to Strengthen Tanzania’s Logistics Sector
Tanzania’s Land Transport Regulatory Authority (LATRA) has restated its commitment to boost the country’s logistics and transport sector, describing it as a key engine for economic growth and regional integration. …
- AgricultureBusinessCorporate GovernanceEconomyInfrastructure
Botswana Unveils 200 Projects for Transformation Plan
Botswana has taken a major step in its journey to build a stronger and more diversified economy with the selection of 200 projects under the Botswana Economic Transformation Programme (BETP). …
Angola’s President, João Lourenço, has described the oil industry as the backbone of his country’s economy, stressing that petroleum has played a decisive role not only in generating national revenue …
- AviationBusinessEconomyGOVERNMENTInfrastructureTransportation
Reconstruction Begins at Murtala Muhammed International Airport Lagos
The Federal Airports Authority of Nigeria (FAAN) has announced the official commencement of reconstruction work at the Murtala Muhammed International Airport (MMIA), Lagos, Nigeria’s busiest air gateway. In a travel …
- BankingBusinessEconomyFinanceTechnology
FirstBank Customers Face Service Disruption on Digital Channels
Customers of First Bank of Nigeria Limited, popularly known as FirstBank, are currently facing difficulties accessing some of the bank’s major digital banking platforms following a temporary service disruption. In …