Tag: Finance

UK-Backed InfraCredit Lists on NASD OTC, Secures $41M to Bolster Nigeria’s Infrastructure

In a significant move aimed at bridging Nigeria's substantial infrastructure deficit, InfraCredit,…

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CBN’s New Capital Rules: Fresh Banks Must Comply Immediately, Existing Banks Given Two Years

The Central Bank of Nigeria (CBN) has issued a clear directive regarding…

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Kenya Scraps $1.3 Billion French Highway Deal, Eyes Chinese Contractor

In a significant shift that signals potential changes in Kenya's infrastructure development…

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Updated: Nigeria’s Economic Reforms Earn Rating Upgrade Amidst Persistent Challenges

International credit rating agency Fitch has upgraded Nigeria's long-term foreign-currency issuer default…

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Naira’s Recent Dip ‘Reasonable’ Amidst Global Market Turmoil, Says JP Morgan

Despite a recent dip in the Nigerian Naira against the US dollar,…

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Pension Funds Fuel Nigeria’s Real Sector with N5.5 Trillion Investment Surge

Nigeria's Pension Fund Administrators (PFAs) have significantly ramped up their investments in…

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NDIC Commences First Payout to Heritage Bank Depositors

The Nigeria Deposit Insurance Corporation (NDIC) has announced the commencement of the…

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Nigeria’s Personal Remittances Surge to $20.93 Billion in 2024, CBN Reports

The Central Bank of Nigeria (CBN) has announced that personal remittances into…

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