DMO offers 2 savings bonds for subscription for July
The Debt Management Office (DMO) has listed two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. They are a two-year FGN savings bond due on July 10,
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IEI seeks support for climate change risk management
A subsidiary of Norrenberger Group, International Energy Insurance (IEI), has concluded an arrangement to roll out risk management products that would address climate change issues in the country. This comes on the
‘Nigerian capital market well positioned to support bank recapitalisation’
The Nigerian capital market is strategically positioned to drive the ongoing bank recapitalisation exercise, leveraging advanced technology to facilitate the capital-raising efforts in line with the Central Bank of Nigeria’s new requirements.
Remittances to Nigeria, other African countries to rise by 1.5% this year
Africa remains most expensive region for remitters Remittances to Nigeria and other sub-Saharan African (SSA) countries are expected to rise by a moderate 1.5 per cent this year. This would increase the
NERC transfers regulatory oversight to Imo
The Nigerian Electricity Regulatory Commission (NERC) has issued an order transferring regulatory oversight of the electricity market in Imo to the Imo State Electricity Regulatory Commission, in compliance with the Electricity Act
Ethiopian Airlines ends Nigeria joint venture talks
Ethiopian Airlines has reportedly terminated its discussions with the Nigerian government to establish a joint venture airline, Nigeria Air, due to the government’s loss of interest in partnering with a foreign airline.
IMG grows profit by 295% in five years, pays N249m dividend
As evidence of resilience and continuous innovation despite the headwinds in the Nigerian economy, the total comprehensive income of Industrial & Medical Gases (IMG) Nigeria Plc., has jumped by 295 per cent,
PZ Cussons Nigeria reports ₦3.2 bn loss despite revenue increase
PZ Cussons Nigeria Plc, a manufacturer of household and personal care products, has released its earnings report for the fourth quarter ended May 31, 2024, reporting a net loss. The company saw
IMF scores Nigeria low in AI preparedness index
Latest report by the International Monetary Fund (IMF) has ranked Nigeria low in provision of digital infrastructure for the deployment of Artificial Intelligence (AI) technology. Â The report, which tracks 174 economies
Rewane, Dozie say Digital mindset key to better cash flow management
Leading digital bank, Sparkle hosted renowned economist and CEO of Financial Derivatives, Bismarck Rewane; Founder of The Dew Center, Omon Anenih, and CEO of Sparkle, Uzoma Dozie in a virtual session to
Betking debuts Eurokup campaign, to reward new customers
BetKing has begun an exciting campaign designed to enhance the experience for both new and existing customers, as EuroKup tournament approaches. Â The campaign features a spectacular N1m welcome offer for new