…To begin provision for single-digit interest rate The Federal Government through the National Automotive Design and Development Council (NADDC) has announced that it has floated a N200 billion vehicle financing scheme. This is to allow Nigerians own vehicles without necessarily…
The First City Monument Bank has announced the commencement of season 8 of its annual retail campaign, Millionaire Promo. The promo, which rewards new and existing customers of th with exciting prizes, has gone fully digital. The FCMB Millionaire Promo…
Winners have emerged in the second edition of Mobo Game Jam – a global game-making competition organised by Kucheza Gaming in partnership with edu360, Union Bank’s education platform. The competition which encourages young innovators (heroes) between the ages of 8-18,…
New data from the World Bank has shown that private investment in low- and middle-income countries’ infrastructure is rebounding from the historic lows recorded in 2020. This is contained in a statement obtained from The World Bank website on Thursday.…
The National Action Committee for implementation of African Continental Free Trade Area (AfCFTA), says implementation of framework establishing the agreement will help Nigeria optimise its gains. Mr Ogo Chukwura, the Team Lead, Export Market Development of the committee said this…
Exxon Mobil Corp. and Chevron Corp. are considering giving more cash to shareholders than they invest in oil and gas production this year even as political leaders call on the industry to increase output to help ease soaring consumer prices.…
The World Bank has said that Nigeria’s efforts at reducing poverty might hit rocks if certain economic issues are not addressed. These include low human capital, labour market weaknesses and exposure to shocks. This is contained in the new World…
Dangote Cement Company says it has completed its N116 billion Series 2 bond issuance which is the largest corporate bond issuance in the Nigerian capital market. The company disclosed this in a statement made available on the Nigerian Exchange Ltd.…
The Central Bank of Nigeria (CBN) has emphasised on the need for more Nigerians to embrace the agricultural and manufacturing sectors as these represents the life wire for economic sustainability. The Apex Bank stressed that no successful economy thrives on…
The Debt Management Office (DMO) recently announced that the country’s total debt stock as at December 2021 was N39.55 trillion. The DMO had also said that the debt stock was likely to hit N45 trillion in 2022, as the government…
