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The Central Bank of Nigeria (CBN) has defended its monetary and foreign exchange reforms, telling the Senate that the measures have improved macroeconomic stability, restored investor confidence and strengthened the…
Chairman of First HoldCo Plc, Femi Otedola, has strengthened his investment in the financial services group after a company linked to him acquired 706.13 million ordinary shares valued at approximately…
The Nigerian National Petroleum Company Limited (NNPCL) is facing growing scrutiny over the ₦7.13 trillion it recorded as energy security expenditure in its 2024 audited financial statements. The figure, listed…
Uncertainty has continued to unsettle Nigeria’s downstream petroleum sector as marketers slow fresh purchases of Premium Motor Spirit (PMS) following the Dangote Petroleum Refinery’s reported decision to price its products…
President Bola Ahmed Tinubu has said his administration’s economic reforms are beginning to produce positive results, with Nigeria recording greater fiscal stability and laying the foundation for sustainable growth. The…
There is an old maxim in business that every institution eventually becomes a monument to the imagination, or limitations, of those who lead it. Banks, perhaps more than any other…
The Central Bank of Nigeria (CBN) has reinforced its ongoing reforms of the Bureau de Change (BDC) sector by organising a two-day capacity-building programme for newly licensed operators, aimed at…
Africa’s richest businessman, Aliko Dangote, has selected Kenya’s coastal town of Lamu as the location for a proposed 700,000-barrel-per-day (bpd) oil refinery, ending months of speculation over where the landmark…
President Bola Ahmed Tinubu has called on the African Export-Import Bank (Afreximbank) to take a leading role in mobilising financial resources needed to accelerate Africa’s industrialisation, urging the institution to…
Celebrating an African Institution: My Farewell from UBA Why create an institution? To ensure that an institution can live long, grow ever stronger and deliver a vision. I have never…
