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Finance
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AfDB, Japan sign $350m private sector assistance loan
The African Development Bank (AfDB) and Japan have signed an exchange of notes for an eighth private sector…
Afreximbank completes acquisition of 5% stake in Geregu Power
The Fund for Export Development in Africa (FEDA), the impact development unit of the Africa Export and Import…
FGN savings bond records N45bn subscription, as DMO unveils subscription portal
The Debt Management Office (DMO), says the Federal Government of Nigeria (FGN) Savings Bond has received a total…
BOI, AFD partner to fight climate change in Nigeria
The Bank of Industry (BOI), and the French Development Agency (AFD), have signed a grant agreement of €2.5…
NGX appoints advisory panel on digital technology products
As it advances on its digital transformation agenda, Nigerian Exchange Limited (NGX), says it has set up the…
IFC offers $30m facility to Union Bank to support trade, SMEs
To boost access to finance for small businesses in Nigeria and to support increased trade, IFC on Wednesday…
Fidelity grows profit to N52bn for FY 2022
Fidelity Bank Plc has announced an impressive growth in Profit Before Tax to N52 billion for the Full…
MTN Group CEO lauds NGX for democratising access to financial securities
MTN Group Chief Executive Officer (CEO), Ralph Mupita, has lauded the Nigerian Exchange Limited (NGX), for democratising access…
Pension fund assets soar to N14.99trn
The National Pension Commission (PenCom) has put Nigeria’s pension fund assets at N14.99 trillion as of December 31,…
Nigeria’s bonds tumble after Moody’s rating downgrade
Nigeria’s government bonds fell heavily on Monday after ratings agency Moody’s downgraded the West African oil producer late…