Tuesday, June 23, 2026
Nigeria’s central bank raises benchmark lending rate to 14% to tame inflation
BY Chisom Nwatu. The Central Bank of Nigeria has increased the Monetary Policy Rate (MPR) by 100 basis points to...
Read moreDetailsNew NNPC to deliver more value to over 200m shareholders, Buhari assures
BY Onome Amuge. The Nigerian National Petroleum Corporation Limited (NNPC) will henceforth sustainably deliver more value to its over 200...
Read moreDetailsAfDB approves $134m loan to boost Nigeria’s food production
BY Onome Amuge The African Development Bank Group (AfDB) has announced the approval of a $134 million loan to facilitate...
Read moreDetailsInsurance brokers warn inflation to drive ‘difficult’ renewals ‘conversations’
BY Business.a.m. Buyers face higher premiums Higher premiums and “difficult conversations” are seen ahead of renewal season for insurance risks,...
Read moreDetailsCassava Technologies secures $50m funding to accelerate digital transformation in Africa
BY Onome Amuge. Cassava Technologies, a pan-African integrated digital solutions company, said it has secured a $50 million investment fund...
Read moreDetailsAero Contractors suspends scheduled services over cost
Sade Williams/Business a.m. Nigeria’s oldest airline, Aero Contractors, on Monday said it would suspend its scheduled passenger flight services temporarily...
Read moreDetailsUBA Group eyes $7.7trn MEASA economy in DIFC, Dubai landing
A grouping of at least 72 countries, three billion people and a gross domestic product (GDP) size of $7.7 trillion...
Read moreDetailsGlobal M&A market active despite economic downturn
BY Business.a.m. Reports of global merger and acquisition (M&A) activity entering a dry spell appear to be premature, WTW says....
Read moreDetailsHow prepared are emerging market insurers for IFRS 17?
BY OXFORD BUSINESS GROUP As insurance companies prepare for the most significant change in global accounting standards in close to...
Read moreDetailsTough 2022 for buyers of aviation insurance
BY Businesess.am. Aviation insurance buyers face some of the most challenging renewals in more than a decade, as rising exposures...
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