Malawi’s commercial banks are being called upon to move beyond their traditional role of lending and deposits, and to take a more active position in addressing the country’s economic challenges. …
BankingDevelopmentFinanceMALAWIPrivate SectorSMEs
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Nigerian Economy
The Association of Distributors and Transporters of Petroleum Products (ADITOP) has distanced itself from the planned strike by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and allied …
- BankingBusinessEconomyFinanceNewsNigeria
CreditPro Finance Secures CBN Licence to Expand SME Lending Nationwide
CreditPro Finance Company Limited has received approval from the Central Bank of Nigeria (CBN) to operate as a licensed finance company, a development expected to boost lending to small and …
- AviationBusinessEconomyInfrastructureNewsNigeriaTrade & Investment,
United Nigeria Airlines Signs Deal for Six Boeing 737-800 Aircraft
United Nigeria Airlines has entered into an aircraft acquisition agreement with Southwest Airlines, a United States-based carrier, for the purchase of six Boeing 737-800 aircraft. The deal marks a significant …
- Consumer ProtectionEconomyFinanceGovernanceRegulationTechnology
FCCPC Moves Against Rogue Digital Lenders With New Regulations
The Federal Competition and Consumer Protection Commission (FCCPC) has introduced strict new regulations to tackle unethical practices in Nigeria’s growing digital lending market. The new rules, which came into effect …
- BusinessEconomyEnergyGovernment PolicyInfrastructureINVESTMENT
FG to Privatise 91 Public Enterprises Across Key Sectors – BPE DG
The Director-General of the Bureau of Public Enterprises (BPE), Mr. Ayodeji Gbeleyi, has announced that 91 federal government-owned enterprises will be privatised or commercialised as part of ongoing reforms to …
- EconomyFinanceFinance ConferencesGovernanceInternational AffairsMonetary PolicyNigeria
Nigerian Economic Society to Honour Shettima, Iyabo Masha, Others at Annual Conference
The Nigerian Economic Society (NES) has announced that Vice President Kashim Shettima and Dr. Iyabo Masha, Director of the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development (G-24), …
- EconomyGovernment PolicyLabour PartyNigeriaPolitics
Peter Obi Slams Passport Fee Hike as Burden on Nigerians
Peter Obi, the Labour Party’s presidential candidate in the 2023 general elections, has condemned the recent hike in International Passport fees, calling it yet another burden on ordinary Nigerians. In …
- BankingBusinessEconomyFinanceINVESTMENTRegulation
GTCO Injects ₦365.85bn Into GTBank to Meet CBN Capital Requirement
Guaranty Trust Holding Company Plc (GTCO) has made a huge capital injection of ₦365.85 billion into its main subsidiary, Guaranty Trust Bank Limited (GTBank), in order to meet the Central …
- AgricultureBusinessEconomyGovernment PolicyTrade
Trade Group Seeks Transition Plan Before Shea Nut Export Ban
The Alliance for Economic Research and Ethics has urged the Federal Government to create a clear transition plan and consult widely with stakeholders before going ahead with its ban on …