The Federal Government of Nigeria has recorded massive investor interest in its latest Sovereign Sukuk, with the Series VII attracting over ₦2.21 trillion in subscriptions. This figure, announced by the …
The Central Bank of Nigeria (CBN) has introduced three new financial instruments aimed at deepening the country’s non-interest financial market and helping Islamic finance institutions manage liquidity better. This move …
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 …
The Nigerian Electricity Regulatory Commission (NERC) has taken a major step to improve electricity supply in the country by setting up a Transmission Infrastructure Fund (TIF). This new initiative is …
The Federal Government has taken decisive steps to address the growing trend of foreign aircraft entering Nigeria’s airspace without proper clearance. This action comes following concerns over repeated violations of …
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 …
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 …
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced that it is shutting down the Port Harcourt Refining Company (PHRC) for a planned maintenance exercise, starting from May 24, …
The Federal Government has set up a 12-member ministerial committee to take charge of the 753 housing units recently seized from former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. …
Top stakeholders in Nigeria’s healthcare and pharmaceutical sectors have reiterated the urgent need to improve local drug manufacturing capacity, calling for increased investment, technology adoption, and strategic partnerships. The call …