Nigerian Economy Seeks Growth Boost Through Bank Recapitalization
The Nigerian economy could see a significant growth boost as the nation undertakes a major bank recapitalization effort. Experts argue that by increasing the...
Economic Reforms Drive Positive Outlook for Nigeria’s Debt Rating by Fitch
Nigeria's recent economic reforms have earned the country a positive outlook on its debt rating from Fitch Ratings. The credit rating agency has revised...
Dangote Sugar Pledges $700 Million Investment in Nigeria’s Backward Integration Program
Dangote Sugar Plc has announced its commitment to invest over $700 million in the Backward Integration Program (BIP) for Nigeria's sugar industry. Chairman Aliko...
Investors Lose N784 Billion as Selloffs Drag Down Nigerian Stock Market
Nigerian investors lost a significant N784 billion last week as selloffs across highly capitalized stocks kept the market in negative territory. The decline comes...
African Delegation Seeks Investment and Technology Access at OTC 2024
New House International Limited will lead a delegation of executives and small to medium-sized enterprises (SMEs) from Africa to the 2024 Offshore Technology Conference...
FTC Cracks Down on Pharma Companies Blocking Generic Drugs with “Junk Patents”
Patients struggling with high prescription drug costs may get some relief as the FTC takes action against major pharma companies for allegedly using inaccurate...
Nigeria Launches $10 Billion Diaspora Fund to Attract Investment
Nigeria is setting its sights on attracting investment from its global citizen base with a newly unveiled $10 billion diaspora fund. This initiative aims...
NAAT Proposes N350,000 Minimum Wage to Address Rising Cost of Living
The National Association of Academic Technologists (NAAT) is calling for a significant increase in Nigeria's minimum wage, citing economic hardships faced by workers nationwide....
Access Holdings Plc Secures Shareholder Approval for $1.5 Billion Capital Raise and N365 Billion...
In a move to fuel ambitious growth plans, Access Holdings Plc, Nigeria's financial giant, secured unanimous shareholder approval for a capital raising program valued...
Global Trade Reaches Record Highs
Global trade has reached new heights, exceeding US$30.4 trillion in 2023, according to the World Trade Organization (WTO). This marks a staggering fivefold increase...
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