Shareholders of the African Export-Import Bank (Afreximbank) have approved an increase in the authorised share capital from five billion dollars to 25 billion

NOVA Bank Limited has commenced commercial banking operations with national authorisation following an approval from the Central Bank of Nigeria (CBN), according to official statement.

The naira has maintained steady decline for two weeks while the nation’s external reserves continue to climb. Exchange rates at informal currency market and official rates plunged into deadly spiral after the apex bank’s FX intervention sales.

The Ibadan Electricity Distribution Company has announced an upward review of the electricity tariff for its Band A customers.

Equities investors recorded more than N131 billion daily gain on Wednesday in the Nigerian Exchange (NGX) following sustained buying interest in heavyweight and some lightweight stocks. 

The National Talent Export Programme (NATEP) and the German Agency for International Cooperation (GIZ) are partnering to enhance opportunities for Nigerian