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The Central Bank of Nigeria (CBN) has announced the introduction of mortgage guarantee companies, to reduce credit risk in the mortgage finance sector and increase access to mortgage loans. Read more

Chairman of Nigerian Insurers Association,  NIA, Mr. Tope Smart, in this interview, talks on challenges confronting the growth of insurance in Nigeria. Read more

Lagos Deep Offshore Logistics Base (LADOL) has accused its local content partner in the fabrication and integration of the $3.1billion Egina FPSO and the parent company of SHI MCI FZE, Samsung Heavy Industries Nigeria (SHIN) Limited,  of misrepresentation. Read more

Pension Fund Administrators (PFAs) have invested N1.49 trillion in Treasury Bills. Read more

The Nigeria economy, had for many years suffered from the volatility and vagaries of the global petroleum industry, with development in the global scene determining the shape of things in the country. Read more

The global “Sickle Cell Disease Drug market” research report exhibits a thorough study of the global market which will enable our customers to anticipate future demands and strategize executions. Read more

The President, Lagos Chamber of Commerce and Industry (LCCI), Mr. Babatunde Paul Ruwase has described as magnificent and spectacular the impact the Dangote Oil Refinery project would have on the Nigeria’s downstream petroleum sector. Read more

A hearing in the court case between MTN and Nigeria‘s central bank in a dispute over the alleged transfer of $8.1 billion of funds by the telecoms firm, has been set for Oct. 30, a lawyer for MTN said on Friday. Read more

The Senate yesterday asked the Central Bank of Nigeria, CBN, to direct commercial banks in the country to increase the maximum amount customers can withdraw from automated teller machines, ATMs, to N40,000 per transaction. The maximum is currently N20,000. Read more

The nation’s foreign exchange reserves have dropped to a seven-month low, losing $1.02bn in the 13 days to Monday, latest data from the Central Bank of Nigeria showed on Wednesday. Read more

There was mild drama on Tuesday in the Senate over the management of over $3.8 billion fuel subsidy fund by the Nigeria National Petroleum Corporation (NNPC). Read more

Minister of State, Mines and Steel Development, Alhaji Abubakar Bwari has disclosed that private investors have expressed their readiness to commit about $3.32 billion to fund some projects in the mining sector. Read more

The Federal Government, yesterday, said the engineering, procurement and construction of the planned $4.3 billion Nigeria Liquefied Natural Gas Limited (NLNG) Train 7 plant will be done in-country by mostly Nigerian companies. Read more

  Inflation rate rose for the second consecutive month in September to 11.28 per cent from 11.23 per cent recorded in August. Read more

The Minister of State for Mines and Steel Development, Abubakar Bawa Bwari, has said the future of mining in Nigeria is very bright and there is no better time to invest in the sector than now. Read more

A new premium high strength cement from the staple of Dangote Cement Plc, has been formally unveiled in Lagos to the delight of block makers, distributors and other stakeholders. Read more

    THE Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, Engr Simbi Wabote,Executive Secretary, Nigerian Content Development and Monitoring Board, NCDMB, and Mr. Udom Inoyo, Executive Vice Chairman, ExxonMobil, Nigeria, and several others are set for the 3rd Africa Oil & Gas Talent Summit in Lagos, Nigeria. Read more

Nigeria still has ample room to borrow more whenever it needs to do so, the Minister of Budget and National Planning, Senator Udo Udoma, has said. Read more

BIG news from Flutterwave. It is announcing that it has raised a series A “extension round” that brings its entire funding to date to $20 million – In 2016, Flutterwave raised $10 million, followed by an undisclosed Series A in August 2017. Read more

    The Central Bank of Nigeria, CBN, yesterday responded to the International Monetary Fund, IMF, propositions on judicious use of the nation’s external reserves to build buffers against the shock of rising interest rates in the monetary policy normalisation regime of the United States, saying CBN’s policy preference for now is to maintain exchange […]