DMO opens December 2025 FGN savings bond subscription
The Debt Management Office has launched its December 2025 subscription for the FGN Savings Bond, offering 2-year and 3-year tenors. The 2-year…
Business
China imposes tax on condoms to tackle population decline
China will, for the first time in 30 years, impose a value-added tax on contraceptives, including condoms, in a move aimed at…
NDIC seeks closer ties with NIESV on banks asset valuation
The Nigeria Deposit Insurance Corporation has urged stronger collaboration with the Nigerian Institution of Estate Surveyors and Valuers to improve the accuracy…
AI adoption may expose EU banks to new threats – Expert
The Netherlands’ chief financial regulator, has warned that Artificial Intelligence adoption will heighten systemic risks for European banks due to their dependence…
Nigeria’s private sector growth extends to 13th month
Nigeria’s private sector recorded another month of growth in November, supported by rising customer demand, new product launches, and easing inflationary pressures,…
UK withdraws loan for TotalEnergies’ Mozambique power plant
The British government announced Monday it would no longer provide TotalEnergies with a loan intended for a gas project in Mozambique. According…
CPPE urges Senate to drop excise hike on soft drinks
The Centre for the Promotion of Private Enterprise has called on the Senate Committee on Finance to abandon its plan to amend…
S’African bank embraces Yuan, ease dollar dependence for African importers
Standard Bank of South Africa has become the first financial institution on the continent to achieve direct integration with China’s Cross-Border Interbank…
Poor ports infrastructure costs Nigeria N20bn daily – Agbakoba
Poor infrastructure and chronic inefficiencies at Nigerian ports are costing the country an estimated N20 billion daily. This is according to a…
OPEC+ maintains plans to stop output hikes in 2026
Saudi Arabia and its OPEC+ allies have confirmed they will maintain their current oil output levels for the next three months. The…
FBN HoldCo completes sale of FBNQuest merchant bank stake
First HoldCo Plc has officially notified the Nigerian Exchange Limited that it has completed the sale of its 100 per cent equity…
Firm, NASENI partner to boost Nigeria’s ICT infrastructure
Galaxy Backbone Limited and the National Agency for Science and Engineering Infrastructure are forging a stronger partnership to bolster ICT services across…