News
Bank Directors Commits to Support Inclusive Tax Reforms
The Bank Directors Association of Nigeria (BDAN) has reaffirmed its commitment to fostering fiscal policies that strengthen Nigeria's financial ecosystem....
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SMEDAN Raises Concerns Over Unused N615 Million MSME Support Funds
The Director General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, has raised concerns over...
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Seplat Energy Completes $800M MPNU Acquisition Asset Transaction
Seplat Energy Plc has confirmed the release of its prospectus for the acquisition of Mobil Producing Nigeria Unlimited (MPNU), a...
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BOI Disburses N22.89 Billion to 29 Manufacturers Amid Economic Struggles
The Bank of Industry (BOI) has allocated N22.89 billion to 29 manufacturers as part of its efforts to support the...
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NNPCL Uncovers 34 Illegal Refineries, 17 Pipeline Connections in One Week
The Nigerian National Petroleum Company Limited (NNPCL) revealed it had dismantled 34 illegal refineries and uncovered 17 illegal pipeline connections...
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Naira Falls Again; Slides to N1745/$ at the Parallel Market, Widening Disparity with Official Rate
The exchange rate between the naira and dollar on the parallel market experienced a sharp decline, trading at around N1,745/$1...
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CBN to Integrate Mortgage Banks and Microfinance Banks into GSI Platform For Loan Recovery Efficiency
The Central Bank of Nigeria (CBN) has unveiled plans to incorporate Primary Mortgage Banks (PMBs) and Microfinance Banks (MFBs) into...
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Option Financial Servives Launches up to N500,000 Daily Loan Solution for MSMEs
Option Financial Services (OFS) has unveiled its Daily Loan Solutions (DLS), a revolutionary initiative aimed at addressing the financial challenges...
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World Bank Approves Agribusiness Hub for Ekiti State to Boost Economic Growth
The World Bank has given the green light to the establishment of an agribusiness hub in Ekiti State, a transformative...
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African Development Bank Disburses First Tranche of $1 Billion Loan to Transnet Accelerates Private Sector
The African Development Bank (AfDB) has disbursed the first installment of a $1 billion loan to Transnet, the South African...
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