Category: featured

West, Central Africa commit $27bn to port projects for trade growth

Nigerian and other countries in West and Central Africa have committed over $27 billion to...

NRS introduces single tax ID for all taxpayers in Nigeria

Nigeria Revenue Service, in collaboration with the Joint Revenue Board, has announced the implementation of...

Iran sets up new body to manage Strait of Hormuz

Iran’s top security authority said on Monday it has established a new body to oversee...

Dangote pledges massive fertiliser push for Africa food security

President of the Dangote Group, Aliko Dangote, has reaffirmed his commitment to boosting food security...

Naira shows slight fluctuations against US dollar in FX markets

The naira traded with slight fluctuations against the United States dollar across the official and...

Dangote boosts Ethiopia fertiliser investment to over $4bn

The President of Dangote Industries Limited, Aliko Dangote, received a hero’s welcome in Gode, Ethiopia,...

Banks lose trillions yearly to CBN’s high CRR policy — Report

Nigeria’s banking sector may be losing trillions of naira annually due to the Central Bank...

Sterling Financial Holdings reports 89% surge in profit before tax

Sterling Financial Holdings Company Plc has released its audited group financial results for the full...

LCCI urges FG to stabilise forex, cut energy costs amid rising inflation

The Lagos Chamber of Commerce and Industry has urged the federal government to stabilise the...

Naira weakens despite higher FX liquidity, reserves growth

The naira ended the week weaker in Nigeria’s official foreign exchange market despite a significant...

China commits to 200 Boeing jets during Trump’s visit

Aerospace giant Boeing on Friday confirmed that China had committed to purchasing 200 aircraft during...

Wema Bank defends Banana Island property sales as lawful debt recovery

Wema Bank has responded to recent allegations surrounding the sale of Banana Island properties linked...