Afreximbank Meetings: Cardoso urges Africa to build resilient institutions amid global shocks

Nigeria, June 26 -- The governor of the Central Bank of Nigeria, Olayemi Cardoso, has urged African countries to strengthen their institutions to better withstand external economic pressures, warning ... Read More

Abuja is safe, Nigerian govt says amid US travel advisory

Nigeria, June 24 -- The Federal Government of Nigeria on Monday said Abuja, the nation's capital, remains safe for citizens and visitors alike, after the United States Embassy restricted staff from vi... Read More

Nigeria targets 70% infrastructure-to-GDP by 2043

Nigeria, June 20 -- President Bola Tinubu on Tuesday said Nigeria aims to raise its infrastructure stock to 70 per cent of the country's gross domestic product (GDP) by 2043, in line with the federal ... Read More

Zenith Bank to exit CBN regulatory forbearance in June, assures dividend payment

Nigeria, June 20 -- Zenith Bank Plc has said it will exit the Central Bank of Nigeria's regulatory forbearance regime by 30 June, moving to reassure shareholders of its ability to continue dividend pa... Read More

TETFund got N1.024 trillion from extractive sector in five years - NEITI

Nigeria, June 20 -- The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that the Tertiary Education Trust Fund (TETFund) received a total of N1.024 trillion from education ... Read More

PenCom urges newspaper owners to settle N720 million pension arrears

Nigeria, June 18 -- The National Pension Commission (PenCom) has raised concern over the growing pension debt in Nigeria's media industry, disclosing that newspaper owners owe over N720 million in unr... Read More

Nigerian banking sector stable - CBN

Nigeria, June 18 -- The Central Bank of Nigeria has reaffirmed the resilience of the country's banking sector, even as it introduced temporary restrictions on dividend payouts and other capital distri... Read More

FCCPC warns FCT traders against price fixing, threatens sanctions

Nigeria, June 17 -- The Federal Competition and Consumer Protection Commission (FCCPC) has issued a stern warning to market traders in Abuja against price fixing, rebagging substandard goods, and sell... Read More

Renaissance Capital lists major banks affected by CBN dividend suspension policy

Nigeria, June 17 -- Some of Nigeria's largest banks, including Zenith Bank, FirstBank, and Access Bank, are likely to be the most affected by the Central Bank of Nigeria's (CBN) recent directive suspe... Read More

Credicorp: Nigerians to access up to N2 million in interest-free consumer credit

Nigeria, June 17 -- The federal government has unveiled plans to offer Nigerians interest-free consumer credit of up to N2 million under a new Credicorp-backed initiative, the Managing Director of the... Read More

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