back to top

Business & Finance

Fiscal Sustainability, Not Demand Risk, New Test for Africa’s Social Sector PPPs – ECA

  Africa’s Public-Private Partnership (PPP) units said fiscal sustainability, rather than demand risk, is emerging as the key test for social sector PPPs in Africa. This...

NDIC Urges Depositors to Ensure Accurate, Consistent Data Across Banks

  The Nigeria Deposit Insurance Corporation (NDIC) has urged bank depositors to ensure accuracy and consistency of their information/data across banks. According to the Corporation, the...

NNPCL Posts N7.2tn Profit as Revenue Drops 24% to N34.5tn

  The Nigerian National Petroleum Company Limited (NNPCL), has announced its audited results for the year ended December 31, 2025, reporting a 24 percent decline...

Commission Strengthens Capacity on Credit Ratings, Development Finance

  The UN Economic Commission for Africa (ECA) has launched a specialised training to strengthen UN economists’ capacity on sovereign credit ratings and development finance. This...

Recapitalisation, FX Reforms Strengthening Nigeria’s Financial System – CBN

The Central Bank of Nigeria (CBN) said its foreign exchange reforms and banking sector recapitalisation have strengthened Nigeria’s financial system. CBN Deputy Governor, Corporate Services,...

CBN Urges Nigerians to Handle Naira With Pride, Dignity

  The Central Bank of Nigeria (CBN) has urged Nigerians, particularly traders, to handle the Naira with care, pride and dignity. This, according to the apex...

Refiners ​‌‍​​​⁠‍⁠⁠‌⁠‍‍⁠⁠⁠​‌‌​Secure 112m Barrels Out of 182m Offered – NUPRC

  The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), hassaid thst crude oil producers offered 182 million barrels to domestic refiners between January and August, with...

NGX Chairman Woos Global Investors, Highlights Nigeria’s Opportunities

  The Group Chairman of Nigerian Exchange Group, Dr Umaru Kwairanga, has urged global investors to take advantage of Nigeria’s investment opportunities on the Nigerian...

TCN, Imcomtel Inspect Katsina 330/132/33kV Substation Ahead of Major Installation

  The Transmission Company of Nigeria (TCN), Katsina Sub-Region and Imcomtel Engineering Limited have conducted a joint inspection of the Katsina 330/132/33 Kilo Volt (KV...

Nigeria, U.K. Advance Negotiations on Trade Cooperation Deal

  The Nigeria Customs Service (NCS) and His Majesty’s Revenue and Customs (HMRC) of the United Kingdom have deepened discussions on a trade cooperation deal. The...

NIPCO Plans $3bn Floating Liquefied Natural Gas Project

  NIPCO Group plans to develop a more than $3 billion Floating Liquefied Natural Gas (FLNG) project to boost gas monetisation and supply. NIPCO Gas Ltd....

Dangote Refinery Boosts Petrol Supply to 35.9m Litres Daily As Fuel Imports Drop 26%

  Dangote Refinery’s premium motor spirit, PMS daily receipt to Nigeria’s domestic market surged to 35.9 million litres per day in August, as imports dropped...