Shareholders of AIICO Insurance Plc are expected to receive a dividend payout of N4.39 billion for the year ended December 30, 2025, as the company…
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Kategorija: ECONOMY & MONEY
Foreign Reserves Drop $840m In 13 Days Amid Steady Naira, Oil Price Boost
Nigeria’s foreign reserves dropped by $840 million over 13 straight days to $49.18 billion, even as the naira held relatively steady in a shortened trading…
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NSIA, World Bank Partner On New Financing Platform To Boost Power Infrastructure
The Nigeria Sovereign Investment Authority (NSIA) has unveiled plans to deepen its role in financing large-scale infrastructure projects, working closely with the World Bank to…
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‘Lending Likely To Rise’ As CBN Confirms 33 Banks Meet Recapitalisation Targets
With the recapitalisation deadline of the Nigerian banking industry now concluded, analysts have called for a cut in the Cash Reserve Requirements (CRR) for banks…
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ECOWAS Bank Commits $241.6m For Nigeria’s Coastal Highway, Waste, Transport Projects
The ECOWAS Bank for Investment and Development (EBID) has committed fresh funding of $241.6 million to Nigeria, targeting critical infrastructure projects spanning transport and urban…
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Oyo, FCMB, Mastercard Disburse N1.5bn To 1,000 Youth Farmers
The Oyo State government, in partnership with First City Monument Bank (FCMB) and the Mastercard Foundation, has disbursed N1.5 billion in collateral-free loans to 1,000…
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Nigeria, China Bilateral Trade Volume Surpasses $28bn
The trade volume between Nigeria and China has surpassed $28 billion as both countries strengthen bilateral relations built on mutual respect, non-interference, and shared development…
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NUPRC Declares 37.01bn Barrels, 215 TCF Oil, Gas Reserves As Of Jan 1
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially declared Nigeria’s total oil and condensate reserves at 37.01 billion barrels and gas reserves at 215.19…
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AKSG/BOI Set Clear Documentation Requirement For Access To N4bn MSME Fund
By Elizabeth Johnny The Akwa Ibom State Government in collaboration with the Bank of Industry (BOI), has outlined documentation requirements and procedures for accessing the…
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UBA, NiDCOM Deepen Collaboration to Unlock Diaspora Capital for Nigeria’s Growth
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has reiterated its commitment towards building tangible economic bridges and strengthening diaspora-driven investment into Nigeria. UBA’s…
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