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BPE moves to privatise 91 companies, eyes IPOs for DisCos, GenCo

Nigeria, Sept. 5 -- The Bureau of Public Enterprises (BPE) on Tuesday said it plans to privatise 91 state-owned enterprises as part of efforts to boost efficiency, generate revenue, and create jobs. ... Read More


RMRDC charts post-ban course for shea Industry, targets women

Nigeria, Sept. 5 -- The Raw Materials Research and Development Council (RMRDC) has unveiled measures to drive Nigeria's shea industry, after the federal government imposed a six-month suspension on ra... Read More


No region playing second fiddle under Tinubu - FG

Nigeria, Sept. 1 -- The federal government on Sunday defended President Bola Tinubu against allegations of favouring some regions over others in the distribution of projects and appointments, insistin... Read More


Budget reports delayed by project checks, fiscal transition - Budget office

Nigeria, Aug. 29 -- Nigeria's Budget Office has said the delays in publishing budget implementation reports are due to lengthy project verification checks and the transition to a new fiscal framework.... Read More


Agusto & Co. projects 19% profit fall for Nigerian banks in 2025

Nigeria, Aug. 29 -- Nigerian banks are expected to record weaker profits this year despite raising trillions of naira in fresh capital to strengthen their balance sheets, according to a new industry r... Read More


Nigeria's excess crude account now $535,823 - Wale Edun

Nigeria, Aug. 28 -- Nigeria's excess crude account (ECA) stood at $535,823.39 as of August, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said. The minister disclos... Read More


Access Holdings Plc gets new CEO

Nigeria, Aug. 28 -- Access Holdings Plc has appointed Innocent Ike as its substantive group managing director and chief executive officer, effective 29 August, after securing regulatory approval. The... Read More


Access Holdings board reshuffle as Roosevelt Ogbonna steps down as non-executive director

Nigeria, Aug. 28 -- Access Holdings Plc has announced the resignation of Roosevelt Ogbonna from its board of directors, as the financial group moves to comply with new governance rules issued by the C... Read More


CBN orders banks, fintech firms to make GPS tracking mandatory for PoS terminals

Nigeria, Aug. 27 -- The Central Bank of Nigeria has ordered banks, fintech companies and other licensed payment operators to install GPS tracking on all Point of Sale (PoS) terminals, in a bid to tigh... Read More


NDPC issues compliance notices to banks, insurers, pension and gaming firms

Nigeria, Aug. 26 -- The Nigeria Data Protection Commission (NDPC) said it has begun a sector-wide investigation into companies suspected of flouting the country's new data protection law, marking one ... Read More