The Minister of Budget and Economic Planning, Alhaji Atiku Bagudu, says the Federal Government under Renewed Hope Infrastructure Fund has approved over N350 billion to support dams and expansion of facilities across Nigeria. Bagudu, made this known while fielding questions…
Wema Bank has bagged two awards of excellence, namely Small and Medium Enterprises (SME) Financier of the Year (Africa) and Platinum Award for Best Financier for Women Entrepreneurs (Africa). The Managing Director/ Chief Executive Officer of the bank, Moruf Oseni,…
Afrinvest (West Africa) Limited (“Afrinvest”), through its wholly owned subsidiary, Afrinvest Asset Management Limited, a fund manager licensed by the Securities and Exchange Commission (SEC), has announced a strategic integration with Western Union, a global leader in money transfer services.…
The Nigeria Deposit Insurance Corporation (NDIC), says plans are ongoing to pay depositors of the defunct Heritage Bank whose deposits exceed N5 million. The Managing Director of NDIC, Mr Bello Hassan said this at the 2024 workshop for Financial Correspondents…
…As PTAD denies widespread problems By Esther Agbo A group of federal pensioners under the umbrella of Concerned Federal Pensioners has raised fresh allegations against the Pension Transitional Arrangement Directorate (PTAD), accusing the agency of neglecting to resolve their outstanding…
By Matthew Denis In a significant move to bolster bilateral relations and ensure improvement in the nation’s economic growth and development, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun hosted a delegation from the Indian High…
The Federal Government has pledged commitment to advance Nigeria’s export service sector through digital platforms to promote the nation’s economy. Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite made this known at a Conference on Service Export, organised by…
…Decision to further tighten interest rate unanimous — Cardoso …MPR hike will slow down investments, economic growth — Experts By Seun Ibiyemi The Central Bank of Nigeria (CBN) raised its Monetary Policy Rate (MPR) by 50 basis points on Tuesday,…
Tony O. Elumelu, CFR, Founder of the Tony Elumelu Foundation (TEF), hosted a reception with Cindy McCain, Executive Director of the World Food Programme (WFP), to highlight youth unemployment and hunger in Africa, on the sidelines of the 79th United…
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says lifting of petroleum products from the Dangote Refinery will moderate foreign exchange demand pressures. Cardoso who said this on Tuesday in Abuja, while presenting a communique from the…
