How Mrs. Mary-Maudline Nwifuru’s Easter visit brought financial relief to indigent patients in Ebonyi The Easter season is typically a period for sober reflection and sharing, but for sixteen patients at the Alex Ekwueme Federal University Teaching Hospital in Abakaliki…

EBID commits $266.7 million to power massive infrastructure and waste management projects across West Africa Infrastructure development across West Africa just received a massive financial boost as the ECOWAS Bank for Investment and Development (EBID) approved $266.7 million for several…

Beyond soft power: Culture now serves as the real economic infrastructure for nations For several decades, people viewed culture merely as a tool of soft power. It was seen as something that helps shape international perception and national identity while…

World Bank approves $500 million loan to transform Nigeria’s agriculture and boost food security Nigeria’s agriculture space is about to get a massive financial injection that many hope will change the game for food production. In a major move to…

Nigeria’s rising capital inflows could face a quick reversal if CBN alters policy course In recent months, the financial atmosphere in Nigeria has been heavily charged with conversations about capital importation. Fresh data from the National Bureau of Statistics reveal…

NMDPRA increases domestic gas price to $2.18 per MMBTU amid growing power sector debts The Nigerian energy landscape is witnessing yet another pivotal shift as the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) officially raised the base price of…

The NGX enforces discipline as five stockbroking firms receive massive fines for market manipulation The Nigerian stock market is currently witnessing a defining moment in its regulatory journey. In a move that clearly signals the end of business as usual,…

BUA Foods and the puzzle of trading like a high-growth tech giant on the NGX In the fast-paced world of the Nigerian stock market, BUA Foods has remarkably rewritten the rules of corporate scale. In just a short period, it…

NGX bites hard as five stockbroking firms face massive fines for market manipulation The Nigerian Exchange Limited (NGX) has sent a clear message that the era of looking the other way is officially over. In a sweeping move that signals…

The delicate dance between Neimeth’s surging stock and its underlying balance sheet realities The Nigerian stock market has a unique way of defying expectations, and currently, the spotlight is firmly on Neimeth International Pharmaceuticals Plc. For any professional editor observing…

Nigeria’s foreign reserves experience a $547 million decline over two weeks in March The financial pulse of the country has registered a notable shift as the Central Bank of Nigeria reported a decline of approximately $547 million in the nation’s…

Mobile network operators have been mandated by the Nigerian Communications Commission to reimburse subscribers in regions where the quality of the network is subpar. Affected consumers would receive airtime credits based on their average spending patterns and their location in…

The Central Bank of Nigeria (CBN) has officially restricted banking services for “chronic defaulters” and large-ticket obligors with non-performing loans. Following comments made by CBN Governor Olayemi Cardoso at the 4th Annual IMF/AFRITAC West 2 High-Level Executive Forum in Abuja,…

CBN Governor Olayemi Cardoso confirms 32 banks have surpassed recapitalization targets ahead of deadline The Nigerian financial sector is witnessing a historic transformation as Governor Olayemi Cardoso announced that 32 banks have already met the Central Bank of Nigeria’s (CBN)…