Business

AfDB postpones 2025 Africa Economic Conference

The African Development Bank Group (AfDB) has announced the postponement of the 2025 African Economic Conference (AEC), earlier scheduled to hold from December 7 to 8. The AfDB in a…

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Lagos N200b bond oversubscribed by 55% at N310bn

,..,..N14.8b Green Bond attracts N29.29bn or 97.7% over subscription Lagos State has made history, with the conclusion of the bookbuild for its landmark Bond Issuance that has recorded an overwhelming…

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PenOP: PPP offers greater flexibility in contributions, withdrawals

The acting Chief Executive Officer (CEO) of the Pension Fund Operators Association of Nigeria (PenOP), Ms Anthonia Ifeanyi-Okoro, says the Personal Pension Plan (PPP) offers greater flexibility in contributions and…

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AIHN: CBN’s interest rate hikes boost fixed-income market demand

President, Association of Issuing Houses of Nigeria (AIHN), Mrs Kemi Awodein, says the Central Bank of Nigeria’s aggressive interest rate hikes helped stabilise investor confidence and channel more funds into…

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NCP moves to regularise sale of power plant to Transcorp

The National Council on Privatisation (NCP), on Thursday approved the request by the Bureau of Public Enterprise (BPE) to follow through on the engagement with Transcorp Power Consortium. This is…

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NCC unveils plans to enhance regulatory frameworks 

The Nigerian Communications Commission (NCC), on Tuesday, unveiled the process and plans to enhance regulatory frameworks to promote an efficient, accessible and competitive communications industry. The Executive Vice-Chairman (EVC) of…

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Fuel import tariff ‘ll strengthen Naira, spur investment — NECA

The Nigeria Employers’ Consultative Association (NECA) has expressed support for the Federal Government’s 15 per cent import tariff on petrol and diesel. Director-General of NECA, Mr Adewale-Smatt Oyerinde, in a…

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Minister seeks banks’ backing for youth innovation

Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun has called on Nigeria’s banking sector to support young innovators. He made the appeal on Saturday in Lagos…

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FirstBank launches Verve flash promo

First Bank of Nigeria Ltd. has launched the Verve Flash Promo to reward customers with free Verve cards. This is confirmed in a statement on Thursday by Olayinka Ijabiyi, Acting…

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CBN denies disbursement of $1.259 to oil sector

The Central Bank of Nigeria (CBN) has noted some misreporting that falsely implies the Bank disbursed US$1.259 billion to major oil sector operators for the importation of refined petroleum products…

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