The Central Bank of Nigeria (CBN) and the Bank of Angola have signed a Memorandum of Understanding (MoU) to deepen bilateral cooperation and strengthen capacity in central banking operations between …
Economy
- Central BankingEconomyInternational RelationsMonetary PolicyTechnology
- EconomyEducationEmploymentEnvironmentGovernanceInfrastructure
Rivers Government Revokes N134bn Secretariat Contract with CCECC
The Rivers State Government has cancelled the N134 billion contract earlier awarded to China Civil Engineering Construction Corporation (CCECC) for the renovation and furnishing of the state secretariat complex in …
- BusinessCapital MarketEconomyEnergyFinanceNigeriaOil & Gas
Eterna Plc Shares Rebound 21% in October as Investors Regain Confidence
Eterna Plc, a Nigerian oil and gas company, has recorded a strong comeback on the Nigerian Exchange (NGX), gaining over 21% so far in October 2025 after months of losses. …
- BankingCapital MarketEconomyFinanceINVESTMENT
Wema Bank Strengthens Capital Base with Fully Subscribed N50 Billion Special Placement
Wema Bank Plc has announced the successful completion of the second tranche of its N50 billion Special Placement, which was fully subscribed by investors. The achievement further strengthens the bank’s …
- Capital MarketEconomyFinanceGOVERNMENTINVESTMENT
FG, Corporates Raise N3.4 Trillion on NGX in Eight Months
The Federal Government of Nigeria (FGN) and some corporate organisations have raised more than N3.4 trillion through the Nigerian Exchange (NGX) between January and August 2025. This was disclosed in …
- AfricaBankingBusinessEconomyFinanceINVESTMENT
Zenith Bank Plans Major Expansion into Côte d’Ivoire and Francophone Africa After N614.65bn Capital Raise
Zenith Bank Plc has announced plans to expand its operations into Côte d’Ivoire and eight other Francophone African countries, marking a major step in its goal to become a leading …
- BusinessEconomyGlobal NewsInnovationTechnology
SAP Launches New AI Tools to Transform Global Business Operations
Global enterprise software company, SAP SE, has launched a new generation of artificial intelligence (AI) tools aimed at transforming how businesses operate across industries. The announcement was made at the …
- DevelopmentDigital EconomyEconomyEmploymentGovernment PolicyLabourMarketsYouth Empowerment
FG Launches National Job Centre Project to Boost Employment and Labour Market Efficiency
The Federal Government has unveiled the National Job Centre Project, a nationwide initiative aimed at connecting skilled Nigerians with decent job opportunities and strengthening the country’s labour market infrastructure. The …
- BusinessEconomyInfrastructureRegulationTechnologyTelecommunications
NCC Says Tariff Reform Attracted Over N1tn Investments into Telecom Sector
The Nigerian Communications Commission has said that recent tariff reforms in the telecommunications industry have attracted over N1tn in new investments by operators, strengthening Nigeria’s digital infrastructure and improving service …
- AfricaBankingDevelopmentEconomyFinanceSustainability
UBA to Launch Whitepaper on Unlocking Africa’s Growth Potential
United Bank for Africa Plc (UBA) has announced plans to launch a major whitepaper designed to accelerate Africa’s economic development through improved financial systems, strategic partnerships, and sustainable growth initiatives. …