By Mathew Dennis The Federal, State, and Local Government councils shared a total of N1.411 trillion in October 2024 from the federation account, the Office of the Accountant General of the Federation has disclosed. The revenue was disbursed to the…
As part of its commitment to deepen the growth and sustainability of micro, small and medium-scale enterprises (MSMEs) on the continent, Africa’s Global Bank, United Bank for Africa (UBA) Plc, is set to host the last edition of its quarterly…
Flour Mills of Nigeria (FMN) has successfully navigated a critical phase in its corporate history, as the company’s minority shareholders overwhelmingly approved the buyout offer put forward by the majority shareholders. At its 64th Annual General Meeting (AGM) held on…
…As Economists recommend review of 2025 budget deficit, oil price benchmark By Seun Ibiyemi President Bola Tinubu, on Tuesday has sought the approval of the Senate and the House of Representatives for a fresh $2.2 billion loan. The president also…
The Central Bank of Nigeria, CBN, has uncovered a fresh fake SWIFT message scheme and warned Nigerians and the general public against falling victim to fraudsters. The spokesperson of the apex bank, Hakama Sidi Ali, issued the warning in a…
Wema Bank has unveiled significant leadership changes with the appointment of Oluwole Ajimisinmi as the new Deputy Managing Director and Olukayode Bakare as Executive Director, both set to assume their roles on December 1, 2024. This announcement, signed by the…
The Federal government of Nigeria has spent as much as $3.58 billion to service its external debt in the first nine months of 2024 despite a series of reforms implemented by the government that were supposed to raise revenue and…
By Esther Adebayo Zenith Bank is set to host the Fourth Edition of its highly anticipated Tech Fair, Future Forward 4.0, on Thursday, November 21, 2024, at the Eko Convention Centre, Lagos. This groundbreaking event, themed “Embedded Finance, Cybersecurity &…
FirstBank, the premier West African financial institution and financial inclusion service provider has announced its hosting of the first-ever China-Africa Interbank Association (CAIBA) Forum to strengthen economic ties and investments between China and Africa. The forum, themed “Joining Hands to…
President of Lagos Chamber of Commerce and Industry (LCCI), Gabriel Idahosa has called for improved Taiwan–Africa, Taiwan–Africa business collaborations between Taiwan and Africa as it would foster deeper connections and expand bilateral trade. Speaking at the 2024 Taiwan-Africa Business Forum…
