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AI, energy transition among Africa's 'opportunities in disguise' - Shettima

Nigeria, Sept. 10 -- Vice President Kashim Shettima on Tuesday said artificial intelligence, energy transition, supply chain disruptions and trade protectionism should be seen as opportunities for Afr... Read More


CBN projects $1 billion monthly remittances - official

Nigeria, Sept. 10 -- The Central Bank of Nigeria expects diaspora remittances to hit $1 billion a month next year, Governor Olayemi Cardoso said on Tuesday. Speaking at the 18th Annual Banking and Fi... Read More


FG says no immediate plan to implement 5% fuel surcharge

Nigeria, Sept. 10 -- The federal government has said the 5 per cent fuel surcharge that has sparked criticism from labour unions and civil society groups is not new and there are "no immediate plans" ... Read More


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