Tag: Nigeria Business Now

Fidelity Bank Affirms Industry Leadership with Publication of Its ISSB-Compliant Sustainability Report

  Fidelity Bank Affirms Industry Leadership with Publication of Its ISSB-Compliant Sustainability Report   In demonstration of its leadership in the Sustainability space, leading financial institution – Fidelity Bank Plc – has emerged the first bank to publish its 2023 ISSB-Compliant Sustainability and Climate Report in the Nigerian banking industry.[Read More…]

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Tinubu launches N2trn economic stabilisation plan, calls partnership with private sector

Tinubu launches N2trn economic stabilisation plan, calls partnership with private sector   President Bola Tinubu has announced a N2 trillion economic stabilisation plan.   Tinubu unveiled the plan, which aims to revitalise the economy over the next six months, during the inauguration of the presidential economic coordination council (PECC) on[Read More…]

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Nigeria Wins Bid To Host $5bn African Energy Bank

Nigeria Wins Bid To Host $5bn African Energy Bank In a significant triumph, Nigeria has secured the right to host the African Energy Bank’s (AEB) $5 billion headquarters, outpacing rival bids.   The decision followed a technical inspection team from the African Petroleum Producers Organisation (APPO) and Afrexim Bank, the[Read More…]

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Increasing transaction volumes of non-bank financial firms threatens system stability, Cardoso

Increasing transaction volumes of non-bank financial firms threatens system stability, Cardoso Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said that increasing transaction volumes of non-bank financial institutions threatens the stability of Africa’s financial system.   Cardoso revealed this on Monday while addressing the College of Supervisors[Read More…]

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