United Bank for Africa (UBA) Plc, Africa’s Global Bank, has announced its plans to expand operations to Saudi Arabia and France, further solidifying its position as a leading financial institution with a robust international footprint. This strategic move is part…
…As NCDMB assures to reach grassroots in capacity building By Omolola Dede Adeyanju PalmPay, the headline sponsor of Tech Unite Africa 2025, has introduced its new debit and premium cards, aiming to enhance financial inclusion for businesses and individuals. The…
The Ministry of Finance has announced a strategic partnership with the Organisation for Economic Co-operation and Development (OECD) to combat illicit financial flows and reinforce Nigeria’s economic structure. This was disclosed in a statement titled “OECD Deepens Economic Ties with…
In a bold move to drive industrial growth and food security, Ogun State Governor, Prince Dapo Abiodun, has announced a strategic partnership with Ambar Energia, a leading Brazilian energy company, to establish power plants across the state. This initiative aligns…
The Federal Government on Tuesday reaffirmed its dedication to enhancing policy structures to ensure improved adherence to implementation, with stricter sanctions for non-compliance. George Akume, Secretary to the Government of the Federation (SGF), stated that moving forward, the Federal Government…
The Senate, on Tuesday, confirmed the nomination of Professor Melvin Ayogu as a member of the Board of Directors of the Central Bank of Nigeria (CBN). This approval followed the presentation of the report of the Senate Committee on Banking,…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has restated the apex bank’s dedication to cleansing the foreign exchange (FX) market by removing unscrupulous participants and ensuring a stable exchange rate as a foundation for economic recovery.…
Nigeria and Spain signed a Memorandum of Understanding (MoU) on political consultations in Madrid on Tuesday, strengthening bilateral ties between the two countries. Both countries also signed agreements to establish mechanisms for regular dialogue to advance areas of mutual interest…
By Seun Ibiyemi The GSMA Board of Directors has appointed Gopal Vittal, Vice Chairman and Managing Director of Bharti Airtel, as its new Chairman until the end of 2026. Previously serving as Acting Chair, Vittal is now the second Indian…
By Seun Ibiyemi The Federal Government of Nigeria (FGN) provided a ¦ 471.69 billion electricity subsidy in the fourth quarter of 2024 (Q4 2024), according to the Nigerian Electricity Regulatory Commission (NERC). This subsidy accounted for 57 per cent of…
