NGX Confirms Jude Chiemeka CEO
The Nigerian Exchange Group (NGX) has announced the appointment of Jude Chiemeka as the Chief Executive Officer of Nigerian Exchange Limited.
Chiemeka’s appointment is to take effect from July 1, 2024.
This was disclosed in a statement made available by the Head...
Nigeria to Host $5bn African Energy Bank
Nigeria has been granted the hosting right for the $5bn African Energy Bank after beating Ghana, Benin Republic, Algeria, South Africa and Cote d’Ivoire in a keenly contested bidding.
The Minister of State, Petroleum Resources (Oil), Heineken Lokpobiri, told...
Tinubu Unveils N2trn Economic Revival Plan, Inaugurates PECC
President Bola Ahmed Tinubu has presented a N2 trillion stabilization and advancement plan to the Presidential Economic Coordination Council (PECC).
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, disclosed this to State House...
CNG: NNPC to Build Three LNG Stations, 100 Sites Nationwide
The Nigerian National Petroleum Company (NNPC), says the drive to bring Compressed Natural Gas (CNG) closer to Nigerians has commenced and is irreversible.
Malam Mele Kyari, Group Chief Executive Officer, NNPC Ltd, said in addition to...
ID4D: W'Bank Restructures $430m Project to Guarantee Financing as Nigeria Misses Deadline
The World Bank has said it is restructuring the Nigeria Digital Identification for Development (ID4D) project to guarantee complete disbursement of the $430 million pledged for the project by the financiers.
According to the...
Non-bank Transactions Surge Threatens W’Africa’s Financial Stability – Cardoso
The Governor of the Central Bank of Nigeria, Yemi Cardoso, has raised concerns about the growing volume of financial transactions by non-bank and Other Financial Institutions, saying they pose significant risks to the stability of the...
