Industry & Money
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163BOI Secures €2b to Support Development Projects, Others
The Bank of Industry has successfully raised a substantial new funding package worth €2bn through global loan syndication, to improve its financial...
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7021 States Enroll for AfDB ₦850b Agric Scheme
The African Development Bank has onboarded 21 states for the second phase of its Special Agro-Industrial Processing Zones Programme. The Imo State...
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771Smaller Banks Begin USSD Debt Repayments –Telcos
Telecom operators in Nigeria are seeing some progress in the repayment of the N250bn debt tied to Unstructured Supplementary Service Data services,...
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176OCP Boosts Fertilizer Production with $43.1m
OCP Africa, a prominent advocate for agricultural sustainability across the continent, has made significant strides in enhancing Nigeria’s fertilizer production capacity through...
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99NCC Engaging CBN Over Telcos, Banks’ ₦250b USSD Debt
The Nigerian Communications Commission has said it is engaging with the Central Bank of Nigeria (CBN) over the Unstructured Supplementary Service Data...
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136FCCPC Raises Concern as Substandard Sugar Floods Nigerian Markets
The Federal Competition and Consumer Protection Commission (FCCPC) has raised concerns over the widespread presence of substandard and unregistered sugar products in Nigerian...
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161Oil Reserves Plunge by 50b Barrels as Investments Shrink
The Nigerian Upstream Petroleum Regulatory Authority says the country’s oil reserves declined by 50 billion barrels over 14 years. According to the...
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171NNPCL Admits Challenges Delaying P’Harcourt Refinery Take-Off
Barely two months after the September completion deadline flop, the Nigerian National Petroleum Commission has explained why it could not deliver the...
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425Nigeria, Others to Share $10b 5G Cash
Nigeria and other countries in sub-Saharan Africa that have deployed the fifth generation (5G) technology to offer telecom services are set to...
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123Energy Price Hike Affecting Small Businesses Negatively –SMEDAN
The Small and Medium Enterprises Development Agency of Nigeria has said that the rise in energy costs, particularly electricity and petrol, has...
