Zambia has confirmed that its loan from the African Export-Import Bank (Afreximbank) is a commercial loan and not concessional. The country’s Secretary to the Treasury, Mr. Felix Nkulukusa, made this …
Economy
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AFRICA NEWSBanking, Finance & InvestmentEconomyFinance & ServicesInternational RelationsZAMBIA
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AviationEconomyEducationNewsNigeriaPolicies
Keyamo Urges Aviation Industry to Invest in Young Talent for Sector Sustainability
The Minister of Aviation and Aerospace Development, Festus Keyamo (SAN), has called on stakeholders in the aviation industry to intentionally identify, nurture, and harvest young talents as a strategy for …
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Business and EconomyEconomyFinance & ServicesGOVERNMENTNigeria
SMEDAN Secures N11 Billion, Creates 100,000 Jobs in Two Years – DG Charles Odii
The Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr. Charles Odii, has revealed that the agency has facilitated over N11 billion in financial support for …
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BusinessBusiness and EconomyEconomyInfrastructureManufacturingManufacturing & Consumer GoodsNigeriaPoliciesTrade and Commerce
Manufacturers Push for Binding ‘Nigeria First’ Law, Call for Urgent Policy Action to Revive Sector
Key players in Nigeria’s manufacturing industry have renewed calls for decisive government action to unlock the country’s production potential, stressing that economic revival is impossible without strong policy frameworks, legal …
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Banking, Finance & InvestmentBusiness PoliciesEconomyMarketsNigeriaPolicies
Naira Appreciates to ₦1,553.11/$ Amid BDC Recapitalisation Drive
The Nigerian Naira continued its steady upward trend in the official foreign exchange market on Thursday, June 6, closing at ₦1,553.11 per dollar, as reported by the Central Bank of …
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EconomyFinance & ServicesGlobal NewsINVESTMENTMarketsSecurity
Nigeria’s SEC Sets November 2025 for Shift to T+2 Settlement Cycle in Equities Market
The Securities and Exchange Commission (SEC) has officially announced that the Nigerian capital market will adopt a T+2 settlement cycle for all equities transactions, starting November 28, 2025. This marks …
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Business and EconomyEconomyFinance & ServicesINVESTMENTMarketsNigeria
Nigerian Stock Market Soars with N1.16tn Gain as Investors Position Ahead of Eid-el-Kabir
The Nigerian equities market closed on a high note on Thursday as investors celebrated a massive ₦1.16 trillion gain in market capitalisation, the largest single-day profit recorded in recent weeks. …
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DevelopmentEconomyGOVERNMENTInfrastructureINVESTMENTNigeriaPoliticsTransportation & Logisitics
Tinubu Inaugurates Lekki-Epe Deep Seaport Road
President Bola Ahmed Tinubu on Thursday inaugurated the newly reconstructed Lekki-Epe Deep Seaport road in Lagos State, commending stakeholders for their contributions and reiterating his administration’s focus on delivering transformative …
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Business and EconomyEconomyEnergyInfrastructureInternational RelationsINVESTMENTNigeriaTrade and Commerce
US Replaces Aid with $13bn Investment in Nigeria, Targets Agriculture, Tech, and Infrastructure for Economic Growth
The United States Ambassador to Nigeria, Richard Mills Jr., has announced a strategic shift in U.S. engagement with Nigeria and sub-Saharan Africa, moving from traditional aid to a focus on …
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BusinessDevelopmentEconomyNigeriaNovarick Homes and properties limitedPress OfficePress ReleasesReal EstateSpotlightWestern Africa
Thesarus Gardens Marks 10 Years: Novarick Homes Celebrates a Decade of Shared Vision and Growth
As Thesarus Gardens celebrates its 10th anniversary in Nigeria’s real estate industry, Novarick Homes has joined in acknowledging the company’s journey, applauding a decade of consistency, growth, and collaboration. The …