Global credit rating agency Fitch Ratings has once again affirmed Stanbic IBTC Holdings PLC at an ‘AAA(nga)’ rating, maintaining the top-tier national long-term rating with a stable outlook. This marks …
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The Environmental Health Council of Nigeria (EHCON) has called for clear separation of responsibilities among regulators and operators in the country’s pest control industry, while also urging stronger private sector …
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Afreximbank, BoI Sign $75m Deal to Boost Local Drug Manufacturing.
In a significant move to strengthen Nigeria’s healthcare manufacturing capacity, the African Export-Import Bank (Afreximbank) and the Bank of Industry (BoI) have signed a $75 million financing term sheet under …
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U.S. Pledges Bigger Trade, Investment Push in Nigeria
LAGOS, Nigeria – The United States Ambassador to Nigeria, Richard Mills, has announced a renewed American commitment to boosting trade, investment, and private sector collaboration with Nigeria, describing the country …
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South African’s Rand Steady as Global Markets Await U.S.-China Trade Talks
JOHANNESBURG, South Africa – June 9, 2025: The South African rand opened the week on a quiet note, holding steady against the U.S. dollar in early trading on Monday. The …
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Vitel Wireless Makes History as Nigeria’s First MVNO to Connect With All Major Telecom Networks
ABUJA, Nigeria — Nigeria’s telecommunications industry has entered a new era with Vitel Wireless, the country’s first Mobile Virtual Network Operator (MVNO), completing full interconnectivity with all four major Mobile …
- DevelopmentGOVERNMENTInfrastructureNigeria
FG to Deliver 77,400 Free and Subsidised Housing Units for IDPs.
ABUJA, Nigeria — The Federal Government is set to partner with the Ministry of Humanitarian Affairs to roll out free and subsidised housing units for internally displaced persons (IDPs), widows, …
ABUJA, Nigeria — The Federal Government has said the removal of petrol subsidy by President Bola Ahmed Tinubu has ended a longstanding economic drain, saving Nigeria over $84 billion and …
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Homebase Mortgage Bank Gets N3.5bn Boost from FG to Expand Affordable Housing Loans
Homebase Mortgage Bank has received a major financial injection of N3.5 billion from the Ministry of Finance Incorporated (MOFI) under the Real Estate Investment Fund On-Lending Facility (MREIF). The move …
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Truck Owners Back NPA’s Eto Call-Up System, Say Gridlock Now History on Apapa, Tin Can Roads
Truck owners operating at Nigerian seaports have thrown their full support behind the Nigerian Ports Authority’s (NPA) electronic call-up system known as Eto, saying the platform has brought order to …