The South African rand gained a bit of strength on Thursday morning, trading at 18.22 to the U.S. dollar around 6:22 a.m. GMT. This marks a 0.3% improvement from where …
Travel agents in Nigeria are facing fresh hurdles as the Central Bank of Nigeria (CBN) enforces a policy limiting dollar withdrawals and transfers to a maximum of $10,000 daily, severely …
Top energy industry stakeholders from around the world are expected to converge in Abuja from June 29 to July 3, 2025, for the 24th NOG Energy Week, which is regarded …
The National Agency for Science and Engineering Infrastructure (NASENI) has declared its full support for President Bola Tinubu’s “Nigeria First Policy,” describing it as a transformative step toward revitalising the …
The Nigerian Maritime Administration and Safety Agency (NIMASA) has confirmed that the long-awaited Cabotage Vessel Financing Fund (CVFF) will be disbursed under an eight-year repayment plan with a single-digit interest …
The Federal Government has begun a pilot programme to restructure underperforming electricity distribution companies (Discos) in a bid to overhaul Nigeria’s struggling power distribution sector. This marks the most decisive …
The Central Bank of Nigeria (CBN) is now taking tougher actions in the foreign exchange market, aiming to stop speculators and bring more stability to the naira. These fresh efforts …
Coronation Capital Limited and Trium, both subsidiaries of Coronation Group Limited, have reaffirmed their commitment to Africa’s economic development by sponsoring the 2025 African Private Capital Association (AVCA) conference. The …
The World Bank has revealed that Nigeria’s economy grew at its fastest rate in almost 10 years in 2024, driven by strong performance in the fourth quarter and better management …
The Kenyan government has announced that it will reduce its fiscal deficit to 4.5 percent of its Gross Domestic Product (GDP) for the 2025/2026 financial year. This is a step …
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