Category: News

Fraud losses decline in Nigerian banks in Q1 2024 – Report

The Financial Institutions Training Centre has reported a substantial decrease in financial fraud losses among...

FG disbursed N1.2tn for capital projects in 2023

The Federal Government has released a total of N1.23 trillion to 17 ministries for the...

Pension funds surpassed N20tn in May – PenCom

The value of Nigeria’s pension funds climbed by 2.23 percent month on month to N20.23...

CBN to cut down rate hikes soon – Cardoso

The Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso has declared that it...

Afrexim Bank projects Nigeria’s GDP to reach $552bn by 2031

Afrexim Bank projects that Nigeria’s real GDP will reach $552 billion by 2031. This was...

FG exempts GenCos, DisCos, from withholding tax payment 

The Federal Government has designated all electrical companies, including generation and distribution companies (GenCos and...

Africa secured $175bn greenfield projects in 2023 – Report 

African countries received $175 billion during greenfield project announcements in 2023. According to the United...

Demand deposits surges N29.67tn in May – CBN

Demand deposits have jumped by 206.83 per cent from N9.67tn in May 2019 to N29.67tn...

VFD Group appoints Ibraheem Abe as non-executive director 

VFD Group Plc has announced the appointment of Ibraheem Nahim Abe, current Chairman of Veritas...

Nationwide darkness looms, as national grid collapses again

A significant power outage has been reported in numerous states across the country as a...

New Zealand revises visa requirement for spouses of international students

New Zealand has changed its immigration regulations to allow partners of international students enrolled in...

LASG, Dutch firm partner to tackle e-Waste crisis

Lagos State Government signed a Letter of Intent with a Netherlands-based company to develop a...