Nigeria’s oil output, excluding condensate, increased to 1.507 million bpd in December 2024, from 1.477 million bpd in November 2024, according to the Organisation of Petroleum Exporting Countries (OPEC). In …
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NASS jerks up customs 2025 revenue target from N6.5trn to N12trn
The National Assembly Joint Committee on Finance has jerked up the revenue projection of the Nigeria Customs Service (NCS) from N6.5 trillion to N12 trillion for 2025. Sani Musa, chairman …
Read More »WHO warns of high-risk Marburg outbreak in Tanzania
The World Health Organisation has confirmed an outbreak of suspected Marburg Virus Disease in Tanzania. The WHO who disclosed this on its website on Tuesday, noted that the source of …
Read More »NCC gives telcos go ahead to disconnect nine banks over USSD debt by Jan 27
The Nigerian Communications Commission (NCC) has authorised telecommunications companies (Telcos) to disconnect the Unstructured Supplementary Service Data (USSD) codes assigned to nine financial institutions due to unpaid debts. The affected …
Read More »Adesina, N’Sele rated among Africa’s influential leaders
The President, African Development Bank, Dr Akinwumi Adesina, and the Vice President for Finance, Hassatou Diop N’Sele, have been named among the 100 Most Influential Africans of 2024 by …
Read More »Stanbic IBTC Pension Managers reintroduces self-service channels
Pension fund administration firm Stanbic IBTC Pension Managers has reintroduced self-service channels to provide an innovative way for customers to serve themselves. In a statement on Monday, the firm, …
Read More »Ecobank exhibits art made from recycled materials
Ecobank Nigeria has unveiled a new art installation, ‘Kong in a Cage,’ by artist Toyeeb Ajayi. According to a statement from the bank on Tuesday, the installation, made entirely …
Read More »Nigerian reforms, others to drive 4.2% Africa’s GDP growth – Brookings
Washington-based think tank Brookings Institution has projected that Africa’s GDP would grow by 4.2 per cent in 2025. This was indicated in its latest Foresight Africa report published on …
Read More »Africa Finance Corporation gets AAA from Chinese rating firm
Infrastructure solutions provider Africa Finance Corporation has received an AAA domestic credit rating with a stable outlook from China Chengxin International Credit Rating Co. Ltd. According to a statement …
Read More »Boeing to help Nigeria access aircraft insurance
Aircraft manufacturer Boeing International Corporation has expressed readiness to assist Nigerian airlines in securing aircraft as well as to access adequate aircraft insurance coverage through partnerships with buoyant lessors …
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