Nigeria’s latest treasury bills auction, done on February 19, 2025, saw total subscriptions hit N2.41tn, reflecting sustained investor interest across the three tenors on offer. […]
Category: Economy
Forbes: Aliko Dangote’s wealth surges by almost 100% to $23.9 billion, now world’s 86th richest man
illionaire Aliko Dangote has seen his wealth nearly double to $23.9 billion, according to Forbes, which ranks the Nigerian entrepreneur as the wealthiest person in […]
Tariff hike: Airtel increases data, call rates
Airtel Nigeria, the country’s second-largest telecom operator, has revised its data pricing structure, implementing a tariff adjustment of up to 50 per cent, according to […]
Personal loans rose to N3.3tn in November – CBN
Nigeria’s personal loans portfolio rose by 37.76 per cent to N3.32tn in November 2024, according to the latest monthly report by the Central Bank of […]
TRUMP EFFECT ON THE NIGERIAN ECONOMY
The inception of the Trump administration in the United States of America has remarkably changed the dynamics of global trade, global economic outlook and geopolitical […]
Partnership with Google will turn Nigeria into global tech hub, says FG
The federal government says its partnership with Google is set to transform Nigeria into a global technology hub. Inuwa Kashifu, the director-general of the National […]
Tony Elumelu Foundation partners UAE entities to empower African entrepreneurs
The Tony Elumelu Foundation has signed a $6m partnership agreement with the United Arab Emirates Office of Development Affairs and Khalifa Bin Zayed Al Nahyan […]
FG takes over Keystone Bank
The federal government has taken over Keystone Bank following a ruling by the Lagos State Special Offences Court. The troubled bank announced the takeover in a […]
Zenith Bank lists 9.67bn shares as equity market gains N477bn
Zenith Bank Plc has listed an additional 9.67bn ordinary shares on the Nigerian Exchange Limited, following the successful completion of its hybrid offer, which comprised […]
Dangote refinery eyes full production capacity, quiet on crude source
The Dangote Petroleum Refinery says it has raised daily production to 85 per cent of its 650,000 barrels per day capacity, hoping to hit full […]