AfDB pledges $2bn to fast-track access to clean cooking in Africa
The African Development Bank Group pledged $2 billion over 10 years towards clean cooking solutions in Africa. This is a...
Month: May 2024
Equity market appreciates by 0.85%
Domestic equity market on Thursday returned to bullish run, appreciating by N467 billion as gain in the shares of Airtel...
FAAC: FG, States, LGs share N1.208trn in April
Omeiza Bilal A total sum of N1.208 trillion was distributed to the Federation Accounts Allocation Committee (FAAC) by the Federal,...
Emirates Airlines to resume operations in Nigeria Oct 1
Emirates Airlines has disclosed plans to resume operations in Nigeria on October 1, 2024, two years after the airline suspended...
NDIC obtains winding-up order for 96 MFBs, PMBs
Nigeria Deposit Insurance Corporation (NDIC) has obtained winding up Orders for 96 out of 183 Micro Finance Banks and Primary...
CBN Act: NASS proposes N500,000 each for naira abuse, refusing naira payment, buying naira
The Nigerian Senate has introduced a bill to amend the Central Bank of Nigeria Act 2007, proposing a 900 per...
PLSI to adopt AI platform to curb public sector corruption
Omeiza Bilal The Paradigm Leadership Support Initiative (PLSI) has said it is adopting Artificial Intelligence (AI) as it seeks to...
Crypto Exchanges begin delisting of Naira from Platforms
Omeiza Bilal Following the directives of the Office of the National Security Adviser and the Securities and Exchange Commission that...
More diversified trade can make Middle East, Central Asia more resilient
Dislocations from the pandemic, geoeconomic fragmentation, and Russia’s war in Ukraine have shifted world trade dynamics. While this has created...
Afreximbank backs expansion of Grenada’s Silversands Hotel with $30m facility
African Export - Import Bank (Afreximbank) has approved a $ 30 million financing facility to Joyau Des Caraibes Limited (JDC); the...
