World Bank says 17.5 Nigerians will benefit from renewable energy project
Victoria Mgbamwa The World Bank has revealed that 17.5 million poor Nigerians are expected to benefit from the World Bank…
Category: Business
321,867 SMEs get $1.4bn funding in six years – W’Bank
No fewer than 321,867 Micro Medium and Small enterprises have enjoyed wholesale funding of $1.4bn in six years, the World Bank…
Dangote Set to Flood African Market with Refined Petroleum Products, Sending Jitters
• Company says NNPC to supply next four cargoes in three weeks • Final shipment to come from ExxonMobil.…
CBN to Freeze Bank Accounts without BVN, NIN from March 2024
The Central Bank of Nigeria (CBN) yesterday said it has become mandatory for all Tier-1 bank accounts and wallets…
AfCFTA, UBA sign $6bn MoU to fund SMEs
One of Nigeria’s Tier One Lenders, United Bank for Africa says it has signed a $6bn Memorandum of Understanding…
FCT Minister announces reduction of (C-of-Os) fee
Wunmi Semudara The Minister of the Federal Capital Territory, Nyesom Wike, has announced a cut back of about 3.5million from…
36 states, FCT, has outstanding liability of N1.72TN
Wunmi Semudara The state house in the aftermath of the National Economic Council, has revealed that thirty-six states of the…
Olayemi Cardoso: Fresh Banking Sector Recapitalisation Coming
*Says Nigeria’s economic challenges not insurmountable *Reveals financial sector demonstrated resilience in 2023, with key indicators of financial…
Nigeria’s GDP grew by 2.54% in Q3, says NBS
Nigeria’s Gross Domestic Product grew by 2.54 per cent year-on-year in real terms in the third quarter of 2023,…
Naira drops to N956/$ as dollar supply falls by 46%
The naira fell, on Thursday, to N956/$ on the official Investor and Exporter forex window as dollar supply declined…