The Federal Government’s unpaid subsidy to electricity distribution companies has risen to ₦982.4 billion as of May 2025, showing a ₦5.3 billion increase or 2.7% in just five months. This …
The World Health Organisation (WHO) has scaled back its global ambitions as financial challenges continue to bite, following the loss of key donor support and a growing reliance on conditional …
The Nigerian Education Loan Fund (NELFUND) has disbursed a total of ₦56.85 billion in student loans within one year of its launch, benefiting 298,124 students across 198 tertiary institutions in …
Wema Bank Plc has appointed 12-year-old Chiderije Mbah as its One-Day Managing Director and Chief Executive Officer (MD/CEO) to mark this year’s Children’s Day celebration held on May 27, 2025. …
President Bola Ahmed Tinubu has asked the National Assembly to approve new foreign loans amounting to $24.14 billion. If the lawmakers give the go-ahead, Nigeria’s total public debt may jump …
The Federal Government of Nigeria has officially launched the Presidential Committee on the Implementation of Digital Public Infrastructure (DPI) with a clear mandate to drive coordinated, legally compliant, and efficient …
A compliance audit carried out by the Office of the Auditor-General for the Federation has exposed massive financial irregularities in the way the Nigeria Police Force managed the Safe School …
In a landmark event for Nigeria’s financial sector, the country successfully hosted the 2025 Africa and Middle East Depositories Association (AMEDA) Conference for the first time in history. The two-day …
The South African rand opened weaker on Tuesday morning as financial markets turned their focus to the upcoming interest rate decision by the South African Reserve Bank (SARB),the rand was …
South African retail group Pepkor Holdings has reported a 12.4% increase in its half-year earnings, backed by stronger product availability and impressive growth in its mobile and financial services businesses. …
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