Thursday, July 16, 2026
Nigeria to save N3.9trn in 2023 from subsidy removal, FX unification, says World Bank
By Cynthia Ezekwe The World Bank has projected that Nigeria will save N3.9 trillion in 2023 following the fuel subsidy...
Read moreDetailsNigeria secures World Bank’s $500m loan approval for women empowermentÂ
By Business A.M The World Bank Group said it has approved a loan of $500 million to help the Nigerian...
Read moreDetailsFAAC allocation to federal govt, subnationals rises to N786.161bn in May Â
By Onome Amuge The Federation Account Allocation Committee (FAAC) has shared a total sum of N786.161 billion federation account revenue...
Read moreDetailsAfrica’s external debt to hit $1.13 trillion by 2023, says AfDB
By Cynthia Ezekwe The African Development Bank (AfDB) has projected that the total external debt of Africa will hit $1.13...
Read moreDetailsCoronation acquires capital market holding license from SEC
By Cynthia Ezekwe Coronation Group Limited, a financial services holding company  has obtained a Capital Market Holding Company (CMHC) licence...
Read moreDetailsAfDB calls for de-risking of projects to enhance private sector investment
By Cynthia Ezekwe The African Development Bank Group has called for new ways of project preparation and de-risking of projects...
Read moreDetailsFirstBank awarded financial institution of the yearÂ
By Business A.M. Nigeria’s premier banking institution, First Bank of Nigeria Limited has won the Financial Institution of the Year...
Read moreDetailsDMO records N324.43bn treasury bills sales in May
By Cynthia Ezekwe The Debt Management Office (DMO) sold Treasury Bills (T.bills) valued at N324.43 billion across its auctions in...
Read moreDetailsFAAC allocation to FG, subnationals rise 7.98 per cent to N2.84trn
By Business A.M. The statutory allocation from the Federation Account Allocation Committee (FAAC) to the federal government, 36 states and...
Read moreDetailsHow sub-Saharan Africa can scale trade finance amid hard currency challenges
By Onome Amuge Sub-Saharan economies have for a long time been plagued by foreign exchange shortages, especially against the...
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