Rising debt has pushed Nigeria up the World Bank’s top 10 International Development Association borrowers’ list. The World Bank Fiscal Year 2021 audited financial statements, known as the IDA financial …
Shell Petroleum Development Company (SPDC) has the shutdown its floating, production, storage and offloading (FPSO) vessel, located off the Bayelsa coastline due to water leakage. The FPSO is a floating vessel used …
The federal government of Nigeria has announced that it received a $134 million loan from the Africa Development Bank (AFDB) to boost wheat production. The Minister of Agriculture and Rural Development, Muhammad …
The Nigerian government on Wednesday confirmed that President Muhammadu Buhari approved the purchase and donation of vehicles, worth N1.4 billion, to neighbouring Niger Republic. The Minister of Finance, Budget and National …
The Nigeria Civil Aviation Authority (NCAA) has said the eight domestic carriers are undergoing a financial and economic audit to establish their strength. Its Director-General, Capt MUSA Nuhu stated this …
NOLT Finance, a disruptor in the social impact banking space, has secured operating license from the Central Bank of Nigeria to provide financial services in the Nigerian market. The license …
The Independent National Electoral Commission, INEC, on Tuesday, turned down the request of 70 Civil Society Organizations, CSOs, to restart and extend the suspended Continuous Voters Registration, CVR, exercise, by …
The equity capitalization in the Nigerian capital market rose to N27.30 trillion at the close of trading on Tuesday. The figure was N364.3 billion higher than the N26.93 trillion posted …
Sam Omatseye, chairman of The Nation newspaper editorial board, has asked Peter Obi, presidential candidate of the Labour Party (LP), to call his supporters to order. In a tweet on Tuesday, Omatseye, …
eTranzact International Plc posted a profit before tax (PBT) of N536.4 million for the 2021 financial year. The figure is 128.66 per cent improvement from the N1.87 billion loss recorded …