NNPC secures $3bn emergency crude repayment facility to stabilize naira
In what appears like a boost for the naira, the Nigerian National Petroleum Company (NNPC) Limited and the African Export-Import Bank (Afreximbank) have jointly signed a commitment letter and Termsheet…
Nigeria to experience stronger economic growth in 2023 – NESG
The Nigeria Economic Summit Group (NESG) revealed that Nigeria would experience stronger economic growth in 2023 as firms’ new orders, output growth rate, and inventory activities increase. This was disclosed…
Access Holdings delays H1 results due to subsidiaries audit
Access Bank The board of Access Holdings Plc has announced a delay in the release of its half-year (H1) financial results due to an ongoing audit of its subsidiaries. This…
Muda Yusuf urges FG to fix production, productivity constraints in supply side of the economy
Muda-Yusuf Chief Executive Officer, Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf has said federal government must address the challenges bedeviling the supply side of the economy…
“Ecobank to promote ease of cross-border business through foreign currency transfer on its mobile and omnilite apps”
Ecobank has reiterated that the introduction of Foreign Currency transfer on Ecobank Mobile and Omnilite app is to promote and facilitate ease of cross-border business and financial transactions, stressing that…
Current petrol pump prices will remain, says Tinubu
President Bola Tinubu has assured Nigerians that his administration is already taking steps that would curb the increase of fuel prices in the country without having to reverse the nation’s…
Kevin de Bruyne injury: Man City midfielder out for up to four months and may need surgery
Kevin de Bruyne could miss the next four months of the season as Manchester City decide whether he needs surgery on a hamstring injury, manager Pep Guardiola says. The 32-year-old…
Neymar transfer news: Al-Hilal complete signing of Brazil forward from Paris St-Germain
Brazil forward Neymar has joined Saudi Pro League side Al-Hilal from French champions Paris St-Germain. The deal for the former Barcelona player is understood to be worth about 90m euros…
FBN Holdings shareholders approve N150bn rights issue …Ratified Otedola as director
Shareholders of FBN Holdings (FBNH) have approved the appointment of Lagos businessman, Mr Femi Otedola as a non-executive director of Nigeria’s oldest financial services group. At the just concluded annual General…
PSV 2025: payment system stakeholders to discuss digital Infrastructure at FICAN conference
In view of the challenges that emerged from the electronic payment system in the first quarter of 2023, stakeholders are set to provide solutions in line with Nigeria's Payment System…