More than 60,000 farmers across Enugu State are set to benefit from a new round of free fertiliser and agro-inputs distribution as Governor Peter Ndubuisi Mbah flagged off the exercise …
Economy
- AgricultureEconomyFood SecurityGovernanceRural Development
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Ecobank Nigeria Celebrates Nigerian Art Masters with Special Exhibition in Lagos
Ecobank Nigeria has reaffirmed its commitment to supporting the country’s creative arts industry as it launched a major exhibition in Lagos showcasing the works of legendary Nigerian artists. The exhibition, …
- BankingBusinessCapital MarketEconomyFinanceINVESTMENT
NGX Group Reports N24bn Revenue in 2024 on Bank Recapitalisation and Big Listings
The Nigerian Exchange Group Plc (NGX Group) recorded revenue of N24 billion in the 2024 financial year, boosted mainly by the recapitalisation of Nigerian banks and a series of high-profile …
- BusinessCorporate EarningsEconomyFinanceManufacturingNigeriaStock Market
Cutix Plc Profit Falls 81% in Q1 2025 Despite Rising Assets
Cutix Plc, a Nigerian cable manufacturing company listed on the Nigerian Exchange, has reported a sharp decline in profit for the first quarter of its 2025 financial year. The company’s …
- BusinessEconomyInfrastructureKenyaTechnologyTelecommunications
Meta Partners with Safaricom on $23 Million Subsea Cable Project to Boost Internet in East Africa
Facebook’s parent company, Meta, has entered into a partnership with Safaricom, Kenya’s largest telecom operator, to invest in a new subsea fibre-optic cable project that will connect East Africa to …
- BankingBusinessEconomyFinanceKenyaRegulation
Central Bank of Kenya Rejects Exemptions on Staff Loans Under New Pricing Formula
The Central Bank of Kenya (CBK) has rejected requests to exempt bank staff loans from its new loan pricing system, insisting that all borrowers must operate under the same rules. …
- EconomyGovernment PolicyLabour PartyNigeriaPolitics
Peter Obi Slams Passport Fee Hike as Burden on Nigerians
Peter Obi, the Labour Party’s presidential candidate in the 2023 general elections, has condemned the recent hike in International Passport fees, calling it yet another burden on ordinary Nigerians. In …
- CBNEconomyForeign ExchangeNigeriaRemittances
Nigeria’s Diaspora Remittances Hit $600 Million Monthly, CBN Governor Says
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed that diaspora remittance inflow into the country has seen a significant increase, rising from $200 million to …
- BusinessEconomyEnergyEnvironmentTechnology
Spiro pushes electric motorcycles into Nigerian market, targets affordable green mobility
Electric mobility firm Spiro has intensified its drive into Nigeria’s motorcycle market, a move seen as a major step for both the country and the global shift toward sustainable transport. …
- BankingBusinessEconomyFinanceINVESTMENTRegulation
GTCO Injects ₦365.85bn Into GTBank to Meet CBN Capital Requirement
Guaranty Trust Holding Company Plc (GTCO) has made a huge capital injection of ₦365.85 billion into its main subsidiary, Guaranty Trust Bank Limited (GTBank), in order to meet the Central …