Egypt has announced that it successfully saved about $3.6 billion in fuel import costs during the 2024/2025 fiscal year, thanks to a boost in local energy production. The Minister of …
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Economy
- BankingBusinessEconomyFinanceWomen Empowerment
UBA Secures N5bn BOI Loan to Support Women-Owned and MSME Businesses
United Bank for Africa Plc (UBA) has obtained a N5bn loan facility from the Bank of Industry (BOI) to support the growth of micro, small, and medium enterprises (MSMEs) in …
- AgricultureBusinessEconomyFinanceInnovationStartupsUrban Development
FCMB, Dutch Bank Launch N20m AgriTech Investment Readiness Programme 2025
First City Monument Bank (FCMB) has joined forces with the Dutch Entrepreneurial Development Bank, FMO, to launch the FCMB–FMO AgriTech Investment Readiness Programme 2025, a new initiative aimed at boosting …
- BankingBusinessDevelopmentEconomyFinanceGovernanceWomen Empowerment
CBN Reaffirms Commitment to Women’s Inclusion at WIMBIZ Mentoring Graduation
The Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, has restated the bank’s commitment to supporting women’s financial inclusion and leadership development as part of Nigeria’s wider plan …
- BusinessEconomyFinanceInsuranceINVESTMENT
Tinubu Signs NIIRA 2025 into Law: A Game-Changer for Nigeria’s Insurance Industry
President Bola Ahmed Tinubu has signed the Nigerian Insurance Industry Reform Bill 2025 into law, officially making it the Nigerian Insurance Industry Reform Act (NIIRA) 2025. The new law has …
- BankingBusinessCorporate AffairsEconomyFinanceLeadershipNigeria
Zenith Bank Celebrates 35 Years of Excellence, Honours Customers and Staff
Zenith Bank Plc has marked its 35th anniversary in Lagos with a grand celebration that honoured pioneer customers and long-serving staff members. The event brought together stakeholders, business leaders, partners, …
- BusinessEconomyGovernanceTaxationTechnology
FIRS Cautions Taxpayers on Hiding Transactions as E-Invoicing System Goes Live
The Federal Inland Revenue Service (FIRS) has warned taxpayers against the temptation of concealing business transactions under the new National E-Invoicing Solution, also known as the Merchant-Buyer Model. The agency …
- BusinessEconomyInfrastructureINVESTMENTPublic Policy
Engineers Warn Nigeria Risks Deeper Crisis Without Strong PPP Investments
Engineers have cautioned that Nigeria could face a worsening crisis if the country fails to close its infrastructure gap through well-structured Public-Private Partnership (PPP) investments. They explained that without urgent …
- BusinessDiasporaEconomyHousingINVESTMENTReal EstateSustainability
Pelican Valley Launches Zero-Interest Housing Plan for Nigerians in Diaspora
Pelican Valley Nigeria Limited, a leading real estate company, has unveiled a zero-interest and no-hidden-charge housing and land subscription repayment plan targeted at Nigerians in the diaspora. The new offer …
- AgricultureBusinessEconomyInflationMonetary PolicyTrade
Analysts See Inflation Cooling but Warn of Rising Policy Costs
Nigeria’s inflation outlook is showing signs of relief as analysts project a continued slowdown in the coming months. This follows new data released by the National Bureau of Statistics (NBS) …