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FG tasks Dangote on 600,000MT sugar production by 2030
The Federal Government has tasked the Dangote Sugar Refinery (DSR) to reach a production capacity of 600,000 metric tonnes (MT)…
BOAD, IFC strengthen partnership on dev’t, job creation across W’Africa
By Tochukwu Bliss, Abuja The West African Development Bank (BOAD), and the International Finance Corporation (IFC), a member…
Recapitalisation: ₦4.65trn raised as CBN concludes exercise to strengthen financial system resilience
By Tochukwu Bliss, Abuja A total of ₦4.65 trillion in new capital was raised as 33 banks operating…
30 banks meet recapitalisation targets, says CBN
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) has said that as of Friday, 30 Nigerian…
20 banks meet new minimum capital requirements, says Cardoso
. ₦4.05trn raised so far . As MPC cuts rates By Tochukwu Bliss, Abuja The Governor, Central Bank…
CBN okays weekly FX Sale of $150k to each BDC
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) said it has approved the participation of licensed…
Cardoso reaffirms commitment to financial sector reform, long-term capital
By Tochukwu Bliss, Abuja The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the…
AGF urges auditors to strengthen accountability, transparency for sustainable development
The Accountant-General of the Federation (AGF), Dr Shamsudeen Ogunjimi, has called on auditors at the local government level…
Dangote splashes N15bn in gifts, cash to cement distributors
By Stanley Onyeka, Lagos Dangote Cement Plc said it celebrated its top distributors and customers with ₦15 billion…
NGX, DEG advance net-zero transition to unlock climate capital
Nigerian Exchange Group (NGX Group), in partnership with DEG, Germany’s development finance institution, and Africa Foresight Group (AFG),…