Unity Bank Empowers Women Entrepreneurs with Digital Marketing Workshop
Unity Bank Plc recently hosted a capacity-building workshop aimed at enhancing the digital marketing skills of women entrepreneurs. The event,...
Electricity Tariff hike: Nigerian Electricity Discos Revenue Surge to N887.86bn
Nigerian electricity distribution companies (Discos) have reported a substantial revenue increase, generating N887.86 billion from January to July 2024. This...
CBN’s Yemi Cardoso: Painful Interest Rate Hike Key to Curbing Inflation
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, acknowledged the challenges posed by the recent increase in...
Nigeria’s PoS Transactions Drop to N6.23tn in First Half of 2024 Amid Shifts in Consumer
Point of Sale (PoS) transactions in Nigeria reached a total of N6.23 trillion between January and July 2024, according to...
Dangote Refinery to Boost Nigeria’s GDP to $322bn by 2025, Report Shows
A new report has revealed that the Dangote Oil Refinery will increase Nigeria's Gross Domestic Product (GDP) to $322 billion...
Nigeria’s Debt Servicing Soars by 68.8%, Straining Public Finance
Nigeria’s debt servicing costs hit N6.04 trillion in the first half of 2024, a significant 68.8% jump from N3.58 trillion...
Naira Rises 1.69% on I&E Window As Global Crude Oil Prices Rise to $80 per Barrel
The Nigerian naira gained ground against the U.S. dollar on October 4, 2024, closing at N1,631.21 in the Investor and...
IFC Backs Equator Africa Fund to Bridge Climate Tech Financing Gap in Sub-Saharan Africa
The International Finance Corporation (IFC) has committed $5 million to Equator Africa Fund I, marking its first venture capital investment...
Africa Finance Corporation Secures $500 Million Eurobond, Return to the Global Debt Capital markets
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, has made a notable return to the global debt capital...
FEDA Invests $443million in ARISE IIP to Propel Africa’s Export-Led Industrialization
FEDA, the investment arm of Afreximbank, is actively promoting export-led industrialization across Africa. Its recent investment in the ARISE Integrated...
