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Nigeria’s BVN enrolment hits 64.8 million in January 2025

BVN enrolment in Nigeria rises to 64.8 million by January 2025, reflecting a steady growth in financial inclusion and identity verification  The number of...

Dangote refinery’s impact on European petrol market

The Dangote Petroleum Refinery is reshaping the European petrol market by reducing imports to Nigeria and ramping up its own petrol exports The Organisation of...

Banks urged to resolve debt issues with Telecoms amid NCC’s USSD threat

The Association of Corporate Affairs Managers of Banks (ACAMB) calls for continued dialogue between banks and telecom companies to avoid service disruptions over outstanding...

First Bank targets expansion into three African countries amid growing market opportunities

First Bank eyes expansion into Ethiopia, Angola, Cameroon, and Cote d’Ivoire as financial systems in Africa open new opportunities for growth.  As financial systems across...

Bismarck Rewane supports telecom tariff hike to boost productivity and combat inflation

Bismarck Rewane backs proposed telecom tariff hike, saying it will boost productivity, moderate inflation, and signal investor confidence.  Bismarck Rewane, the Chief Executive Officer...

Airtel Nigeria CEO says tariff increase is inevitable amid rising costs

Airtel Nigeria CEO Dinesh Balsingh cites a 300% rise in operational costs, saying gradual tariff adjustments are essential for quality service.  The Chief Executive Officer...

Dangote refinery boosts Nigeria’s domestic oil supply, despite rising imports from US

Dangote Refinery's 2024 performance increased Nigeria’s domestic oil supply while imports of US oil rose, highlighting shifting global oil trade dynamics.  In 2024, the Dangote...

Nigerian Breweries lists 20.7bn shares on Nigerian exchange limited

Nigerian Breweries Plc officially lists 20.7bn shares on the Nigerian Exchange Limited, increasing total outstanding shares to 30.98bn. Nigerian Breweries Plc has officially listed 20.7...

Polaris Bank champions education for all with continued support for out-of-school children

Polaris Bank continues its commitment to reducing out-of-school children in Nigeria by empowering 50,000 students by 2028 through educational support. Polaris Bank and its partners...

Petrol prices soar in Nigeria amid refinery challenges

Nigerian petrol prices hit historic highs, sparking economic turmoil. Hopes for cheaper fuel from local refineries remain unfulfilled. Nigerians are grappling with unprecedented petrol prices...

Dangote refinery cuts petrol prices, responds to market forces

Dangote Refinery reduces petrol prices to N899.50 per litre, sparking a new price war in Nigeria’s oil and gas sector, driven by market...

World bank remove loan fees to support poor countries amid crises

The World Bank has unveiled a series of reforms aimed at easing financial pressures on vulnerable nations by removing several loan fees.The changes include...

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