NPA secures $700m loan to rehabilitate Apapa, Tin-Can ports
The Nigerian Ports Authority (NPA) has negotiated a loan of $700million from Citibank to rehabilitate the Apapa and Tin-Can Island...
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Ecobank repays $500m Eurobond after five years term
Ecobank Transnational Incorporated's (ETI) said it has successfully repaid its maturing $500 million five-year Eurobond matured on April 20204. The bank...
Nigeria: Inflation moves to 33.2% in March – NBS
Omeiza Bilal In March 2024, the headline inflation rate increased to 33.20 per cent relative to the February 2024 headline...
Industrial policy is not magic cure for slow growth
By Era Dabla-Norris, Daniel Garcia-Macia, Vitor Gaspar, Li Liu Many countries are ramping up industrial policy to boost innovation in specific sectors in the...
The rise and risks of private credit
Private credit has grown rapidly to provide long‐term financing to middle market firms. Private credit offers borrowers a value proposition...
UN climate chief calls for “quantum leap in climate finance
Agency Report The head of the United Nations climate body, Simon Stiell, said a “quantum leap” in climate finance is...
TCN says grid collapse restored
Omeiza Bilal The Transmission Company of Nigeria (TCN), Monday, explained that the fire incident that occurred at Afam power generating...
Domestic equity sheds N304bn as profit taking persists
Omeiza Bilal Domestic equity market on Monday closed southwards declining by N304 billion following profit taking activities in the shares...
NBMA committed to upholding biosafety standards—D-G
Agency Report The National Biosafety Management Agency (NBMA) says it is committed to enhancing the transportability of data while upholding...
FG gets N1.49bn revenue from rail passengers, goods in Q4 2023
Omeiza Bilal The federal government generated revenue of N1.49 billion from passengers and conveying goods/cargos through the nation's rail transport...
