Browsing: Nigeria

Global credit ratings agency Fitch has downgraded one of Nigeria’s largest conglomerate Dangote Industries Limited owned by Aliko Dangote Africa’s…...

“Independence is only the prelude to a new and more involved struggle for the right to conduct our own economic…

The research, carried out by crypto price tracker CoinGecko, examined Google Trends data of search terms frequently used by people…

Zenith Bank plc posted double-digit growth of 10% in gross profit for the year ended December 31, 2021 to N765.6…

The Russian-Ukrainian war, which began on February 24, 2022 with the Russian invasion of Ukraine, does not only have an…

The gross domestic product (GDP) of Nigeria, the largest economy on the African continent, grew by 3.98% year-on-year in real…

Nigeria’s Bank of Industry (BOI) has issued a €700 million Eurobond to fund business growth in Nigeria. The five-year euro-denominated…

Nigeria’s inflation rate declined to 15.60% in January 2022, from a peak of 15.63% in December 2021, according to the…

Veritas Kapital Assurance Plc, one of Nigeria’s leading insurance companies, has announced the appointment of Paul Oki as an independent…

Globacom Limited, a Nigerian multinational operating in the telecommunications sector, announced earlier this week that it had entered into a…

The Nigerian government intends to increase its outstanding public debt to 50.22 billion naira ($ 122 million) by 2023, with…

Africa Finance Corporation (AFC), the leading provider of infrastructure solutions in Africa, approved on December 2, 2021, a corporate facility…

First City Monument Bank (FCMB), a financial services group based in Lagos, Nigeria, posted net profit of 13.8 billion naira…

The International Monetary Fund (IMF) has said that by allowing unbanked people with cell phones to access e-naira in Nigeria,…

Wicrypt, a Nigerian blockchain-based Wi-Fi sharing startup, announced it raised $ 1.5 million in a fundraising round. Funding was led…

Starsight Energy, West Africa’s leading commercial and industrial clean off-grid energy supplier, has become the first renewable energy company in…

South African fintech AIP Stitch announced Thursday, October 28, that it had raised USD 2 million for its expansion project…

October 25, 2021 marks a decisive step for Nigeria in the popularization of electronic payments with the launch of e-naira,…

The Nigerian National Petroleum Company (NNPC) has revealed nearly USD 3.097 billion in investment opportunities in the country’s condensate refinery…

United Bank for Africa (UBA) on Monday, October 25, released its audited quarterly financial results for the quarter ended September…

The Nigerian bank, First Bank of Nigeria Limited, based in Lagos, announced on Monday, October 25, its partnership with Nigeria…

Nigerian President Muhammadu Buhari will launch the eNaira on Monday (October 25th) from the presidential villa of Aso Rock in…

Originally scheduled for October 1, the launch of the e-Naira, the electronic version of the Nigerian currency, is scheduled for…

As the European Week for Sustainable Development gets underway, with its focus on  transcontinental innovations, some West African circular economy…

Nigeria’s gross domestic product (GDP) grew 5.01 percent year-on-year in the second quarter of 2021, according to a new report…

The first economic power on the African continent, Nigeria, we learn, will benefit from an amount of 3.35 billion USD…

Trade between Egypt and Nigeria experienced remarkable growth during the year 2020. This significant growth translated into a total of…

The Asset Management Corporation of Nigerian (AMCON) announced on Tuesday July 27 that it had acquired Nicon Insurance Limited and…