Benin, Togo owe Nigeria $11m in electricity debt – NERC
The Republics of Benin and Togo have failed to pay over $11m owed to Nigeria…
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W’Bank warns Nigeria, others as investors shun debt-ridden economies
The World Bank has warned that foreign private capital is retreating from developing economies such…
MTN, 9mobile begin testing on shared network
Telecom operators MTN Nigeria and 9mobile have commenced testing of a landmark radio access network-sharing…
Tony Elumelu Hails Afreximbank’s Bold $600m Bet That Powered Landmark Oil Deal, Champions Africapitalism
Chairman of United Bank for Africa (UBA) and President of The Tony Elumelu Foundation (TEF),…
Private Sector Hails Tinubu on FRC Levies Suspension, Calls for Inclusive Reforms
Engr. Jani Ibrahim, National President of NACCIMA and Chairman of OPSN, The Organised…
Nigeria’s Economy Steadies as Inflation Falls, FX Holds, Markets Rally
After a challenging 2024, Nigeria’s economy is gradually regaining its footing, with early signs of…
FGN bonds account for 79% of domestic debt stock
The Debt Management Office has disclosed that Federal Government of Nigeria bonds accounted for 79.85…
Afreximbank upsizes Oando loan to $375m
The African Export-Import Bank has completed the upsizing of its reserve-based lending facility to Oando…
FGN bonds account for 79% of domestic debt stock
The Debt Management Office has disclosed that Federal Government of Nigeria bonds accounted for 79.85…
NSITF to disburse N172m compensation to employees
The Nigeria Social Insurance Trust Fund (NSITF) has disclosed plans to disburse over N172 million…