By Idris Bakare The Central Bank of Nigeria, in line with its mandate to promote stability, inclusion and growth in the financial and payment system, says it has introduced a national domestic card scheme that will become effective on January…
African Development Bank (AfDB) and First City Monument Bank, FCMB, have signed a $50 million Line of Credit agreement to increase access to finance for Small and Medium Enterprises, SMEs, and Women-Empowered Businesses (WEB) in the country. AfDB also said…
By Idris Bakare The Director General of the Securities and Exchange Commission (SEC), Lamido Yuguda, has said the West African capital markets integration programme is aimed at creating an enabling environment for cross-border transactions in the sub-region. Yuguda stated this…
…validates Brevity Anderson’s resourcefulness Nigeria’s ‘Decade of Gas’ initiative has clinched the prestigious award of ‘Gas Monetization Development Award of the Year’ at the 2022 African Energy Week in Cape Town, South Africa. The award was received on behalf of…
By Philemon Adedeji As the week opened on Monday, Nigerian equities extended its winning streak as the benchmark index closed positive by 64.70 basis points or 0.15 per cent higher to settle at 44,461.43 basis points Increased demand for MTNN…
By Philemon Adedeji Africa Prudential Plc has declared its unaudited financial statements for the period ended September 30th, 2022, declaring a profit of N1.29 billion in third quarter Q3 2022 which represents a 12 per cent increase year-on-year (Y-o-Y) compared…
President Muhammadu Buhari has directed the Minister of Water Resources to lead and coordinate with relevant ministries and state governments to develop a Comprehensive Plan of Action for Preventing Flood Disaster in Nigeria. The President’s media aide, Malam Garba Shehu,…
The Nigeria Security and Civil Defence Corps (NSCDC) has sanctioned a total of 31 officers and men of the Corps over various offenses. The disciplinary action was announced by NSCDC Commandant General (CG), Dr Ahmed Audi, in a statement signed…
Speaker of the House of Representatives, Rep. Femi Gbajabiamila said in Abuja on Monday that Nigeria would enforce its Bilateral Aviation Safety Agreement (BASA) BASA is an agreement that provides for civil aviation certifications to be shared between two countries.…
The Hengsheng Group, a global investment holding company and the developer of the Grenada National Resort, is calling on investors from Nigeria and other African countries who desire a second and powerful passport respected by most developed countries in the…
