Africa loses $40bn annually to illicit financial flows in extractive sector –ECA
June 7, 2025
UBA Says More Millionaires to Emerge in Super Savers Draw United Bank for Africa (UBA) Plc has announced its upcoming Super Savers Draw, which promises to bring even more excitement and opportunities to its valued customers. In line with its commitment to rewarding loyalty and promoting a culture of[Read More…]
The Alternative Bank Revolutionizes Agriculture to Tackle Hunger in Ogoniland The Alternative Bank Limited, a forward-thinking financial institution, is taking proactive steps to combat hunger and environmental distress in Ogoniland. Teaming up with over 800 local farmers, the bank has launched the Agricultural Community Support Programme (ACSP) in[Read More…]
Nigeria Signs Historic Solar Plant Deal Nigerian government has signed a crucial agreement to establish a 1GW solar PV manufacturing plant within the country’s borders. This historic MoU, reached during the ongoing COP28 summit, signifies a major step towards a sustainable and self-reliant future for Nigeria. The agreement represents[Read More…]
Union Bank Pledges Improved Access to Capital for Small Businesses at BusinessDay 100 SME Conference Foremost financial institution, Union Bank of Nigeria, has reiterated its commitment to providing easy access to capital for Small and Medium-sized Enterprises in the country to boost the growth and profitability of the sector.[Read More…]
Entrepreneurs, Customers Relive experience at Polaris Bank Sponsored Fashion Souk …Shoppers and Vendors Applaud Bank as Lead Sponsor Polaris Bank, Nigeria’s premier digital retail Bank, showcased its unwavering commitment to supporting MSMEs by taking center stage as the headline sponsor of the recently concluded two-day Fashion Souk in[Read More…]
Nigerian Breweries Chairman, Ighodalo resigns position to pursue political career Asue Ighodalo has announced his resignation as the Chairman, Board of Directors of the Nigerian Breweries Plc to pursue his governorship ambition in Edo State. Ighodalo had informed the board during a meeting on 7 December, 2023 of his[Read More…]
Transcorp Power Restates Commitment to Sustainable Development Transcorp Power Limited, one of the power subsidiaries of indigenous conglomerate, Transnational Corporation Plc has restated its commitment to sustainable development as it marked its 10th anniversary. Transcorp Group on Sunday said the power firm had been borne out of a desire[Read More…]
Dangote Cement inducts graduate trainees Dangote Cement Plc has inducted 81 trainees in its Graduate Trainee Programme to boost employment in the country. In a statement, the company said the move underscored the company’s ongoing commitment to fostering employment opportunities within the country. The company said the programme had seen[Read More…]
IMF says Nigeria not Generating Enough Revenue to Support Developmental Needs International Monetary Fund has said that Nigeria is not earning enough revenue to support its developmental needs. IMF explained that the country’s nine per cent revenue to Gross Domestic Product ratio is very low and not enough to[Read More…]
NECA calls for urgent action to arrest growing unemployment rate The Nigeria Employers’ Consultative Association (NECA) has raised alarm at the growing rate of unemployment in the country, with attendant negative consequences for security and household survival. The Director-General of the Association, Adewale-Smatt Oyerinde stated in Lagos that “we[Read More…]