FirstBank Hosts Inaugural China-Africa Interbank Association (CAIBA) Forum in Africa
FirstBank, the premier West African financial institution and financial inclusion service provider has announced its hosting of the first-ever China-Africa ...
Oil Prices Rise Amid Intensified Russia-Ukraine Conflict, Demand Concerns in China Cap Gains
Oil prices saw modest gains on Monday following an escalation in the Russia-Ukraine conflict, which saw Russia launch its largest ...
Asian Markets Edge Higher on Strong Samsung and Chinese Policy Support as US Uncertainty Weighs on Regional Sentiment
Asian stock markets saw modest gains on Monday, buoyed by a rally in shares of South Korea’s Samsung Electronics and ...
Nigeria Pushes for Raw Material Value Addition with New Bill, Aims to Boost Domestic Manufacturing
The Raw Material Research and Development Council (RMRDC) has introduced a groundbreaking bill before the National Assembly that seeks to ...
FX Crisis Forces Nigerian Manufacturers to Shift to Local Raw Material Sourcing, Report Shows
A new report from the Manufacturers Association of Nigeria (MAN) has revealed that the ongoing difficulties in accessing foreign exchange ...
AEDC CEO Explains Power Distribution Challenges, Cites Debt and Non-Payment Culture as Key Factors
The Acting Managing Director/CEO of the Abuja Electricity Distribution Company (AEDC), Chijioke Okuwuokenye, has explained that the challenges of debt ...
NGX Proposes New Rules for Block Divestment and Large-Volume Trades to Increase Market Transparency
The Nigerian Exchange Limited (NGX) has proposed significant amendments to its trading rules, particularly in relation to block divestments and ...
Dangote Refinery to Supply 60 Million Litres of Petrol Weekly to Independent Marketers as Fuel Prices Drop
The Dangote Petroleum Refinery, located in Lekki, Lagos, has made a significant move to supply 60 million litres of Premium ...
FMDQ’s Pioneer CEO to Retire after 11 Exemplary Years
Following over eleven (11) years of exceptional achievements and outstanding strides, the pioneer Chief Executive Officer (“CEO”) of FMDQ Group ...
Nigeria’s Public Debt Soars by 10% as Naira Weakens, Pushing Nigeria’s Total Debt to Over N134 Trillion
Nigeria’s public debt stock has surged by 10% in the second quarter of 2024, reaching a total of N134.3 trillion ...
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