Business news
NDIC, CIBN Strengthen Partnership to Tackle Emerging Banking Risks
The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Thompson Oludare Sunday, has called...
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Wall Street Rebounds as Dip Buyers Fuel Renewed Bull Market Momentum
A renewed wave of dip buying powered a rebound in U.S. equities on Thursday amid growing speculation that the stock...
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Nigeria’s Broadband Drive Boosted as 11 States Scrap Right-of-Way Charges
Nigeria’s broadband expansion efforts have received a major boost after 11 states scrapped charges on Right-of-Way (RoW) for fibre-optic cable...
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PenCom : Nigeria’s Pension Assets Rise to N25.9tn Despite Market Volatility
Nigeria’s pension assets under the management of Pension Fund Administrators (PFAs) and the supervision of the National Pension Commission (PenCom)...
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FG Launches $100m Orteva Carbon Project to Boost Climate Finance and Green Growth
The Federal Government has launched the $100 million Orteva Carbon Project, a strategic initiative aimed at unlocking climate finance, generating...
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Shea Nut Prices Rebound as Domestic Processing Rises After Export Ban
Market data has shown that shea nut prices in Nigeria are rebounding and stabilising after an initial decline following the...
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FHA Mortgage Bank Unveils Expansion Plan to Tackle Housing Deficit
The Federal Housing Authority Mortgage Bank (FHA MB) has announced an ambitious expansion strategy aimed at strengthening Nigeria’s housing finance...
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Customs Waives 4% FOB Charges for Airlines, Manufacturers
The Nigeria Customs Service (NCS) has announced the waiver of the 4 per cent Free On Board (FOB) charges for...
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FG Targets N7.2trn GDP Boost, 2.5m Jobs from Tourism by 2025
As the world commemorates International Tourism Day, the Federal Government has reaffirmed Nigeria’s vast tourism potential, declaring its ambition to...
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Nigeria Seeks AfDB Funding for SAPZ Phase 2 Expansion
Nigeria has requested enhanced funding commitment from the African Development Bank (AfDB) to support the second phase of the Special...
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