The Dangote Group has entered a strategic partnership with Honeywell International Inc. to support a major expansion of the Dangote Petroleum Refinery, aiming to increase its processing capacity to 1.4…
PalmPay Successfully Tests Live Payment on Nigeria Payment System
PalmPay Achieves Historic First Transaction on Nigeria’s New National Payment Stack In a groundbreaking development for Nigeria’s financial sector, PalmPay, in partnership with Wema Bank, has successfully executed the first…
Agricultural Federation Calls on Tinubu to Join 2025 Farm Show
National Agricultural Show 2023: NAFN Extends Presidential Invitation to Tinubu The National Agricultural Foundation of Nigeria (NAFN) has formally invited President Bola Tinubu to attend the upcoming 17th Annual National…
Africas Instant Payment Volume Reaches $1.9trn Milestone in 2024
Africa’s Digital Payment Systems See Massive Growth, Exceeding $1.9 Trillion in 2024 A comprehensive report reveals unprecedented growth in Africa’s instant payment systems (IPS), with transactions reaching $1.98 trillion in…
Nigerias Eurobond Strategy Shows Path to Economic Recovery
Nigeria’s $2.35 Billion Eurobond Success Signals Strong International Confidence Despite Challenges Nigeria has achieved a remarkable milestone in the international capital markets, successfully raising $2.35 billion through Eurobonds despite recent…
African Customs Summit Aims to Boost Nigerias MSMEs and Trade Growth
Nigeria Set to Host Landmark African Customs Conference, Aims to Boost Continental Trade Nigeria will host a major African Customs Conference in Abuja next week, marking a significant step toward…
Nigerias Finance Reform Plans Hinge on Tax System
Tax Reforms Key to Nigeria’s Economic Resilience, Says FIRS Chairman FIRS Executive Chairman Zacch Adedeji highlighted President Bola Tinubu’s tax reform agenda as a cornerstone of Nigeria’s economic strengthening strategy…
UN Climate Official Calls for $300bn Annual Finance by 2030
UN Climate Chief Calls for Urgent Boost in Climate Finance at COP30 In a powerful address at the third High-Level Ministerial Dialogue on climate finance during COP30 in Belém, Brazil,…
CBN Chief Hails S&Ps New Positive Economic Outlook for Nigeria
Nigeria’s Economic Outlook Upgraded by S&P Global as Reforms Show Promise The international credit rating agency S&P Global Ratings has revised Nigeria’s outlook from “stable” to “positive,” marking a significant…