Kenyan banks are now relying more on secured borrowing to manage their short-term funding needs, as the value of secured interbank lending doubled in just one month. According to official …
Nigeria’s bond market is currently facing serious challenges as investor interest has dropped due to fear of rising interest rates and uncertainty in the economy. The Central Bank of Nigeria, …
The Central Bank of Nigeria (CBN) has reduced its Ways and Means advances to the Federal Government by 59 percent, signalling a new phase of fiscal discipline under the leadership …
The Nasarawa State Chapter of the Nigeria Association of Small-Scale Industrialists (NASSI) has entered into a partnership with Dangote Industries Limited to explore new investment opportunities and boost industrial development …
The Presidential Initiative on Compressed Natural Gas (PCNGI) has removed one of its key conversion partners, Charles Goriola Yakub of C & L Smart Energy Limited, over what it described …
The Federal Government has launched a new funding programme called the Creative Economy Development Fund (CEDF) to support people working in Nigeria’s creative sector. The fund was introduced by the …
President Bola Tinubu is expected to meet with the leadership of Nigeria’s power-generating companies (GenCos) in a high-level intervention aimed at addressing the N4tn debt threatening the country’s already fragile …
President of Dangote Group, Alhaji Aliko Dangote, has said he is still fighting for the survival of his $20 billion refinery in Lekki, Lagos State. Dangote, Africa’s richest man, revealed …
The President of the National Union of Air Transport Employees (NUATE), Ben Nnabue, has warned that the continued deduction of 50 per cent from the internally generated revenue (IGR) of …
The Agricultural and Allied Group of the Lagos Chamber of Commerce and Industry (LCCI) has said Nigeria must invest at least $538 million every year for 10 years to grow …
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