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Finance
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Ecobank, PAPSS partner to enhance cross-border payment in Africa
Ecobank Group and the Pan African Payment and Settlement System (PAPSS), have signed a Memorandum of Understanding (MoU)…
USAID commits $3m to African Water Facility
The United States Agency for International Development (USAID), has committed $3 million to the African Water Facility (AWF).…
ASEA eyes AELP Phase II roll-out by Q3 2023
. To boost increased participation in investments . Local currency payment to reduce pressure on countries’ reserves The…
Buhari spent over $19bn on rehabilitation of NNPC’s refineries, says Gov. Sule
Governor Abdullahi Sule of Nasarawa State says the government of ex-President Muhammadu Buhari spent more than the $19…
NNPC yet to reconcile N8.4trn petrol subsidy for 2022, 2023, says RMAFC
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), yesterday, said the NNPC Limited (NNPCL), was yet to reconcile…
BUA Cement secures $500m IFC facility to boost expansion
BUA Cement Plc has secured a monumental $500 million financing package from the International Finance Corporation (IFC), to…
Afreximbank partners Fiducia to promote factoring, supply chain finance in Africa
To change the face of supply chain and SME financing in Africa, the African Export-Import Bank (Afreximbank), and…
CBN commends World Bank, WAIFEM over debt management support to states
The Central Bank of Nigeria (CBN) has commended the West African Institute for Financial and Economic Management (WAIFEM)…
11Plc posts 53% revenue rise, pays N8.50 dividend in FY’22
Major oil marketer, 11Plc, has announced a 53% increase in gross revenue as well as a final dividend…
FGN Savings Bonds tops N5.06bn in 5 months, says NGX
The Nigerian Exchange Limited (NGX) has revealed that the total allotments for FGN Savings Bonds have risen to…