News at the speed of light
Greenwich Merchant Bank has officially exceeded the N50 billion capitalisation threshold required by the Central Bank of Nigeria (CBN), solidifying its financial foundation and commitment to long-term growth.…
President Bola Tinubu has confirmed that the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, is indisposed and will be unable to lead Nigeria’s…
The Federal Airports Authority of Nigeria (FAAN) has taken a decisive step in its transformation agenda for the nation’s aviation sector by officially unveiling a comprehensive cashless policy…
A recent quarterly report from the Nigerian Electricity Regulatory Commission (NERC) has revealed that Electricity Distribution Companies (DisCos) were unable to account for N167.25 billion worth of energy…
Aba-based Phoenix Steel Mills has announced it has achieved significant improvements in its productivity, operational efficiency, and energy stability following its successful participation in the Eligible Customer Programme…
The Federal Ministry of Agriculture and Food Security (FMAFS) has raised a serious alarm, stating that Nigeria’s food security and agricultural sustainability are being critically undermined by massive…
Vice President Kashim Shettima has publicly commended the Shell group for its significant and ongoing investments in the Nigerian economy. The Vice President offered this praise during a…
The Central Bank of Nigeria (CBN) has moved to assume direct control over the trading and settlement of fixed-income securities, effectively taking over a core function traditionally managed…
The World Bank has issued a stark warning in its latest Africa’s Pulse report, urging Nigeria and other Sub-Saharan African nations to urgently address a rising unemployment crisis to prevent…
A pioneering $3.2 million energy project in Nigeria is demonstrating a viable model for other emerging markets. The initiative, focused on solar mini-grids, overcame initial resistance from distribution…
