Tinubu urges Samsung to see Nigeria as best investment destination
President Bola Tinubu has called on global electronic company, Samsung to see Nigeria as the best investment destination, as it operates on…
Business
Dangote cement exports soars by 87.2% in Q1 2024
The Dangote Cement Company’s management has announced that, in the first quarter of 2024, seven ships were dispatched from Nigeria to Ghana…
Banks should seek public offers, special placements for funds – Stockbrokers
The Chartered Institute of Stockbrokers has called on Nigerian banks to look beyond rights issues as the sole method of fundraising as…
SEC seeks end to illicit funds in banking recapitalisation
The Securities and Exchange Commission has affirmed its stance against the inflow of illegal funds into the capital market through the fresh…
Binance shifts billion-dollar emergency fund to USDC
Binance has undergone a shift by converting its entire pool of assets held in the Secure Asset Fund for Users into USDC,…
Indorama gets $65m to support global food security
British International Investment has pledged $65 million to support the expansion efforts of Indorama Eleme Fertilizer and Chemicals in Nigeria. This financing…
Japan’s $1.5trn pension fund eyes Bitcoin diversification
Japan’s Government Pension Investment Fund, which manages more than $1.5 trillion of assets and is the biggest pension fund in the world,…
MSMEs received below 7% of CBN’s N10trn loan – Report
The Central Bank of Nigeria, over ten years, allocated a mere 6.63% of the total N10.39 trillion loan disbursed to various sectors…
Imo, Afreximbank in advance talk for $1.5bn S’East investment
The Governor of Imo State, Hope Uzodimma, has revealed an ongoing discussion with the the President of the Africa Export Import Bank,…
South Africa, Namibia partner on $377m transport infrastructure
Namibia and South Africa are set to launch transport infrastructure projects worth over $377 million, over the next three years to address…
BOI supports Women-owned businesses with $6.02m
The Bank of Industry has reiterated its commitment to supporting gender equality and women’s financial inclusion by disbursing $6.02 million out of…
UK urges Nigeria to boost internet access for digital growth
By Melvin Onwubuke The British Deputy High Commissioner to Nigeria, Johny Baxter, has said that In order to grow its Digital Economy,…