The Bank of Industry (BOI) and the International Finance Corporation (IFC) have stressed the need for joint investment financing to drive infrastructural development in Nigeria’s industrialisation agenda. They also stressed the need for enhanced access to funding for businesses, women…
The Debt Management Office (DMO) has announced two Federal Government of Nigeria (FGN savings bonds for subscription at N1,000 per unit. The first offer, according to the DMO, is a two-year FGN savings bond due on Feb. 14, 2025,…
The Minister of Information and National Orientation, Mohammed Idris, has commended the Independent Petroleum Marketers Association of Nigeria (IPMAN) for reducing the hardship faced by Nigerians since the removal of fuel subsidy by embracing Compressed Natural Gas (CNG). Idris made…
Garlands of commendation and awards were rolled at the New Telegraph awards on Friday as Seplat Energy Plc was awarded as the Outstanding Energy Company for 2023. The Company emerged as winner at the award ceremony held in Lagos over…
Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has said the Final Investment Decision (FID) on the Iseni Project by Shell Petroleum Development Company (SPDC) and its joint venture partners has opened up a new vista of opportunities for local…
Scores of intending marathoners on Wednesday converged on Teslim Balogun Stadium, Surulere, Lagos, to register for the 2024 Access Bank Lagos City Marathon. The Access Bank Lagos City Marathon village at the stadium was a beehive of activities as many…
The House of Representatives Committee on Customs and Excise, has approved N706.67 billion as the Nigerian Customs Service (NCS) budget for its 2024 operations. Rep. Leke Abejide (ADC-Kogi), the Chairman of the Committee, stated this after a budget defence session…
The Senate, through its committee on Banking, Insurance and other Financial Institutions has summoned the Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso to appear before it on Tuesday. He is to explain the state of the economy and…
Nigeria’s total pension asset gained a remarkable N3.36 trillion in 2023, closing the year at a record high of N18.36 trillion from N14.99 trillion recorded as of the previous year. This represents a year-on-year increase of 22.43 percent, which is…
…As Cardoso pledges to work with stakeholders to boost forex market liquidity The Central Bank of Nigeria (CBN) has successfully completed the payment of all verified claims to foreign airlines, disbursing an additional $64.44 million to alleviate the backlog of…
