Nigeria

Pension Industry in Nigeria Anticipates Growth despite Global Pension Asset Decline

Nigeria’s pension landscape has witnessed a stunning surge, solidifying its position as an emerging economic powerhouse. As of…

Nigeria: Commercial Banking License to Boost Operational Efficiency and Stability – Nova Merchant Bank

Nova Merchant Bank made an announcement that acquiring a commercial banking license would assist the bank in streamlining…

Nigeria retains position as largest African economy for five consecutive years

Nigeria has maintained its position as the largest economy in Africa for the fifth consecutive year, with a…

ITFC Signs Seven Agreements Totaling US$ 1.2 Billion With Burkina Faso, Cote d’Ivoire, Nigeria, and Partner Banks

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB), has signed…

Nigeria: Acasia Ventures opens office in Lagos

The venture capital investment arm of Acasia Group, Acasia Ventures has opened the doors of its new office…

DHL Reiterates its Commitment to Investment In Nigeria, support SMEs

A global leader in the logistics industry, DHL has announced that it would continue to invest in the…

Kenya and Nigeria to Enhance Cooperation – President William Ruto states

The President of Kenya, President William Ruto has stated that Kenya and Nigeria are committed to deepening diplomatic…

Nigeria: IMF questions Nigeria’s high tax expenditure, VAT collection efficiency

The International Monetary Fund (IMF) has raised concerns about Nigeria’s huge tax expenditure, estimated at four per cent…

Nigeria introduces domestic card scheme to boost cashless economy

Nigeria’s central bank has launched a domestic card scheme to rival foreign cards like Mastercard and Visa, hoping…

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Nigeria opens ‘game changer’ billion-dollar deep seaport

Nigeria has opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected to ease congestion…

IBASS Implementation: JAMB trains Varsity, Provost, Rectors, other administrative staff on full automation processes

 The Joint Admissions and Matriculation Board (JAMB) has commenced training for all administrative staff of tertiary institutions to…

Nigeria set to stop importation of refined oil and refine its own oil by 2023

Nigeria is one of the world’s largest oil producers, yet, has failed to develop an oil refinery sector.…

Nigeria, others recorded $95.6b diaspora remittances in 2021, says AfDB

As Nigeria and other African countries continue to explore alternative sources of revenues to meet developmental challenges, President…

Nigeria: Firm issues N5 billion CP for housing development

A Lagos-based firm, God Made Homes (GMH) Limited, has signed a N5,000,000,000 Commercial Paper (CP) agreement with Qualinvest…

Yabx announces entry into Nigeria, aims to double its growth in Africa

Yabx, a fintech venture headquartered at Netherlands, has announced plans to commence business operations in Nigeria, with a…

Nigeria: Naira depreciates despite increased second quarter foreign exchange inflows

The naira has continued to depreciate at the official and parallel markets despite the increase in foreign exchange…

Nigerians spent N3.2 trillion on airtime, data in 2021 – Virgin Platform International Ltd says 

A telecommunications e-commerce company, Virgin Platform International Ltd has said telecom subscribers in Nigeria spent at least N3.2…

iStore unveils iPhone 14 Models in Nigeria with Upgraded Features

Apple Authorized Reseller, iStore, officially launched the much-anticipated iPhone 14 range in Nigeria and Africa, to boost customers’…