NNPCL SECURES OVER $2 BILLION OIL-FOR-CASH LOAN FROM AFREXIMBANK AND UBA

In a statement by UBA, an initial $2.25 billion has been disbursed, with an additional $1.05 billion expected soon, making a total of $3.3...

CBN APPOINTS NEW EXECUTIVES FOR UNION BANK, KEYSTONE BANK, AND POLARIS BANK FOLLOWING DISSOLUTION OF BOARDS

The Central Bank of Nigeria (CBN) has announced the appointment of new executive officers for Union Bank, Keystone Bank, and Polaris Bank, marking the...

UGANDA TO DESTROY $78 MILLION WORTH OF EXPIRED COVID VACCINES

An audit report unveiled a staggering loss for Uganda as COVID vaccines and crucial HIV antiretroviral drugs, collectively valued at 28.1 billion Ugandan shillings...

NIGERIA’S POWER SECTOR TO GET N450 BILLION FUNDS

In 2024, the Federal Government plans to spend N450 billion on power initiatives. According to the Nigerian Bulk Electricity Trading Company's budget study. The...

NGX AND PENCOM FORGE PARTNERSHIP TO STRENGTHEN PENSION FUND ADMINISTRATORS’ PRESENCE IN EQUITIES MARKET

The Nigerian Exchange Limited (NGX) has joined forces with the National Pension Commission (PenCom) to enhance the participation of Pension Fund Administrators (PFAs) in...

CONSUMER CREDIT FUND INCLUDED IN 2024 BUDGET

In response to the rising cost of living and borrowing patterns among Nigerians, the Federal Government has included a N100 billion Consumer Credit Fund...

INTERIM FRAMEWORK IMPLEMENTATION SLASHES HARASSMENT BY 80% FROM OVER 200 REGISTERED LOAN APPS

The  Federal Competition and Consumer Protection Commission (FCCPC), said the implementation of its interim framework has led to about 80% reduction in harassment and...

NIGERIA’S FX RESERVES DROP BY $4.2BN AS OIL SALES SLUMP

The Central Bank of Nigeria, (CBN) said the that external reserves have depleted by 11.55 per cent amounting to ($4.28 billion) year-to-date as the...

IMPLEMENT FG’S DIRECTIVE ON GAS PRICE, LPG BOSS CHARGES CONCERNED AGENCIES IN NIGERIA

The National President of Nigeria Association of LPG Marketers, Oladapo Olatunbosun has charged relevant agencies on the Federal government directives to ameliorate the challenges...
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