FG to establish wood technology park, plans mass plantation
The Federal Government is to establish a wood technology park for the training of wood technicians. It has also concluded…
FG eyes N23bn in Onitsha river port concession
The Federal Government has put up the Onitsha River Port in Anambra State on concession for N4bn under a public-private…
Fidelity Bank Moves to Take Over Kano, Benin, Kaduna DISCOs
Fidelity Bank said it planned to take over the boards of Kano, Benin and Kaduna Distribution Companies (DISCOs) and to…
DMO to Raise N720 billion from Local Debt Market in Q3
Debt Management Office (DMO) has revealed a plan to borrow N720 billion in the third quarter of 2022 selling Federal…
Union Bank Releases Citizenship, Sustainability, Innovation Report
Leading financial institution, Union Bank, has today released the 6th edition of its annual Citizenship, Sustainability and Innovation (CSI) report,…
FinTechs got 63% of total funds raised by Nigerian start-ups in 2021 – Association
“Nigerian start-ups raised 1.37 billion dollars of the four billion dollars raised in Africa in 2021. Of these, the FinTech…
Cryptocurrencies Struggle Over Weak Buying Catalysts
Top cryptocurrencies struggle to buck the downward trend as retail investors continue to trade exits amidst pressures while market capitalisation…
FEC Approves Reforms to Bolster Non-Oil Revenue
The Federal Executive Council (FEC) has approved reforms to shore up the non-oil revenue to N3.8 trillion. Mr Laolu Akande,…
Private Sector Growth Falls to 17-Month Low on Cash Shortages
Private sector growth slowdown in June as output falls for the first time in 19 months while overall input prices…
FG Unveils Duport 10,000bpd Modular Refinery
The Federal Government in Ogbekor community, Orhionmwon Local Government Area in Edo, unveiled the Duport Midstream Company Ltd. Energy Park,…