AfrexInsure, the speciality insurance subsidiary of the African Export-Import Bank (Afreximbank), has onboarded Oando Plc as a strategic partner to protect the bank’s investment in Oando’s operations in Nigeria through …
International Energy Insurance Plc (IEI) and Mutual Benefits Assurance Plc have announced delays in filing their audited financial statements for the 2024 financial year. The companies disclosed this in separate …
Auto-Tech company Carviva has announced the achievement of $1m in fuel token transaction value over a two-year trial period on its Fuel Wallet platform. According to a statement from the …
A fire outbreak has ravaged parts of the Onitsha Main Market in Anambra State. The inferno reportedly broke out in one of the market buildings around 6:20 am on Friday, …
A member of the Central Bank of Nigeria’s Monetary Policy Committee (MPC), Mustapha Akinkunmi, has revealed that Nigeria’s interest rate ranks as the fifth highest in the world. This disclosure …
Forbes’ latest report reveals that Africa’s billionaires have amassed a combined wealth of $105 billion, a significant Increase from $82.4 billion the previous year. This marks the first time their …
The South African Reserve Bank (SARB) is contemplating adjustments to its longstanding inflation targeting framework, acknowledging that the current regime may be hindering economic growth and reducing the nation’s competitiveness. …
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced plans to sell shares to the public as part of its transition into a fully commercial entity. This move is …
The Debt Management Office (DMO) has announced plans to issue a N300 billion Sukuk bond to fund infrastructure projects across Nigeria. This move is part of the government’s strategy to …
The House of Representatives has passed a bill that will allow foreign investors to acquire Nigerian citizenship, a move aimed at attracting more investment into the country. The bill, which …
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