The Central Bank of Nigeria (CBN) has described as false the news that it is planning to revoke the licenses of Unity, Polaris, and Keystone banks.

An International Monetary Fund, IMF, staff team led by Mercedes Vera Martin, IMF mission chief for Zambia, has reached staff level agreement with the authority

African Export-Import Bank (Afreximbank) and Africa Petroleum Producers’ Organisation (APPO) have signed the Establishment Agreement and the Charter

The average yield on Nigerian Treasury bills decreased as portfolio investors became more interested in naira assets in spite of negative interest rates and concerns about inflation. There was a surge in demand on the secondary market for bills with a maturity duration of 24 days and 171 days. Demand for long dated bills was relatively quiet.

Geregu Power Plc retained its #2.5 trillion market valuation months after the stock price peaked at N1000. The company came to the local bourse by way of introduction at N100 per share in Oct 2022, with 2.5 billion shares outstanding – Now, nothing appears to be moving the stock price : earnings and deal have no impacts.

Oil Dips Below $80 Despite OPEC+ Supply Cut Extension

The Gombe state government has approved N20.4 billion for the expansion and dualisation of 18.5 kilometre road in Gombe metropolis.

The Federal Government says, in the national interest, it is ready to offer higher than N60,000 national minimum wage it earlier proposed to the tripartite

The African Export-Import Bank (Afreximbank) has begun the development of its African Quality Assurance Centre (AQAC) in Imo to ensure quality of export

By the end of 2025, nearly half the population of Africa will have engaged in buying goods and services online, compared to just 13% in 2017, according to latest report from title ‘Payment and E-commerce in Africa’ released by Nikulipe.