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Finance
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IMF urges Africa to strengthen governance for sustainable financing
Economists at the International Monetary Fund (IMF) have called on governments in Sub-Saharan Africa to strengthen governance and…
NAICOM advocates stronger financial tools for proactive climate risk management
The National Insurance Commission (NAICOM) has urged West African countries to strengthen financial instruments and deepen regional collaboration…
NEITI stresses transparent, prudent resource management amid N1.5trn remittances shortfall
By Izuchukwu Mayor Amid production targets of 2.5 million barrels per day (mbpd) by 2027, the Nigeria Extractive…
GTCO increases GTBank’s paid-up capital to ₦504bn
By Stanley Onyeka, Lagos Guaranty Trust Holding Company Plc (GTCO), Friday announced that it has increased its investment…
FIRS begins e-invoicing, electronic fiscal system for large taxpayers
The Federal Inland Revenue Service (FIRS) has launched a new electronic invoicing solution to transform how businesses pay…
Afreximbank signs deal as lead arranger in $4bn to refinance Dangote Refinery
By Tochukwu Bliss, Abuja African Export-Import Bank (Afreximbank) has announced the signing of a $1.35 billion financing facility…
AfDB, SEFA invest $40m in Zafiri to accelerate renewable energy access across Africa
The Board of Directors, African Development Bank (AfDB) has approved a $40 million equity investment in Project Zafiri,…
AfDB, partners launch a $263.8m infrastructure project for urban dev’t in Abia State
The African Development Bank (AfDB) in partnership with the Islamic Development Bank, Nigeria’s Federal Government and the Abia…
Sahara Energy closes $225m facility to drive global expansion, sustainability
By Izuchukwu Mayor, Lagos Sahara Energy Resource Limited has announced the successful closing of a $225 million unsecured,…
GTCO becomes 1st in W’Africa to list, trade shares on London Exchange
By Stanley Onyeka, Lagos Guaranty Trust Holding Company Plc (GTCO Plc), has announced the successful admission of its…