CBN Governor, Cardoso to lay out Policy Directions Governor of Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso will this weekend examine the macroeconomic direction and outlook for the Nigerian economy, a major event expected to provide guidance to key decision-makers. Cardoso will address bankers and other public and[Read More…]
FG records over N1tn monthly revenue inflow since subsidy removal -Finance Minister The Minister of Finance, Mr Wale Edun says that the Federation Account is witnessing improved revenue inflow since the removal of subsidy from average of N650 million monthly to over N1 trillion in the last four months.[Read More…]
Sterling Bank Continues Support for Ake Festival Sterling Bank, Nigeria’s leading commercial bank, is proud to announce its continued partnership with the Book Buzz Foundation for the 11th edition of the Ake Arts and Books Festival, taking place from November 22nd to 24th, 2023, in Ikeja, Lagos. According[Read More…]
Polaris Bank deepens promotion of SMEs in Nigeria, Sponsors 2023 Year End Fashion Souk with Eventful Polaris Bank, Nigeria’s Leading Digital Retail Bank, in partnership with Eventful Limited will host the 2023 season end edition of The Fashion Souk 9.0 scheduled to hold at the Harbour Point, Victoria[Read More…]
Nigerians are greatest Asset, advantage we have over other nations, Tinubu tells Investors President Bola Tinubu, on Monday, in Berlin, Germany, told international investors that beyond Nigeria’s natural resources, the people of Nigeria, who are highly educated, highly skilled, and naturally industrious are the primary asset and advantage the[Read More…]
Ecobank, AGF sign $200m deal to fund SMEs Ecobank, the leading pan-African banking group, and the African Guarantee Fund, a specialised pan-African guarantee provider, have signed a $D200m risk-sharing agreement. The partnership is aimed at catalysing economic growth and supporting entrepreneurial ventures – including women-owned SMEs on the continent.[Read More…]
Air Peace begins transit flights via Lagos Airport Air Peace has commenced transit flights through the Murtala Muhammed International Airport Lagos to various regional and international cities, a news release issued by the airline has revealed. The release stated: “Finally, Air Peace and the Federal Airports Authority of Nigeria, FAAN,[Read More…]
Oando Secures $800m Afreximbank Commitment For Agip’s Assets Acquisition Oando Plc has signed a $800m loan deal with the African Export and Import Bank at the ongoing Intra-African Trade Fair in Cairo, Egypt. Signed on Tuesday, the deal was to facilitate the energy giants acquisition of 100 per cent[Read More…]
Tinubu Secures Multi-billion Dollar Infrastructure Funding From Islamic Bank President Bola Tinubu has pledged commitment to secure a multi-billion dollar infrastructure finance facility from Islamic Development Bank to fund a multi-sectoral portfolio of Infrastructure projects. The discussion took place after President Tinubu’s return from evening prayers on Monday night,[Read More…]
CBN says N100, N200, N1000 Banknotes remain Legal Tender indefinitely The Central Bank of Nigeria on Tuesday said that the old N100, N200, N1000 banknotes will remain a legal tender indefinitely. The Apex bank extended the Naira notes beyond the December 31, 2023 deadline issued by the former CBN[Read More…]
