Business

Nigeria’s Inflation Rate Moderately Rises to 22.79% in June 2023, Surprising Analysts
- By Adeyinka Arutu
- . July 18, 2023
Nigeria’s inflation rate experienced a moderate increase, reaching 22.79% year-on-year in June 2023, surpassing analysts’ expectations. This rise comes amidst

Rising Inflation Triggers Surge in Cement Prices, Alarming Builders Nationwide
- By Adeyinka Arutu
- . July 17, 2023
In response to soaring inflation rates, distributors nationwide have recently implemented substantial price increases for cement and related products, causing

Access Bank Acquires Standard Chartered Bank’s Subsidiaries in Africa, Expanding Its Presence in the Region
- By Adeyinka Arutu
- . July 15, 2023
Access Bank Plc and Standard Chartered Bank have announced a significant agreement for the acquisition of Standard Chartered’s subsidiaries in

Central Bank of Nigeria Implements Term Limits for Bank Executives, Aims to Enhance Corporate Governance
- By Adeyinka Arutu
- . July 15, 2023
The Central Bank of Nigeria (CBN) has announced significant changes to the tenure of bank executives, with a new regulation

Flutterwave Launches Tuition: Revolutionizing African Students’ Education Payments
- By Adeyinka Arutu
- . July 11, 2023
Africa’s leading payments technology company, Flutterwave, has unveiled Tuition, an innovative payment product designed to facilitate convenient fee payments for

Prominent African Advocate Tony Elumelu Joins King Charles III and President Joe Biden at Climate Finance Mobilisation Forum
- By Adeyinka Arutu
- . July 11, 2023
Heirs Holdings Chairman, Tony Elumelu, has been invited to participate in the Climate Finance Mobilisation Forum alongside King Charles III

Federal Government Warns Unregulated Carbon Traders, Calls for Collective Action on Climate Change
- By Adeyinka Arutu
- . July 6, 2023
The Federal Government has issued a stern warning to carbon emission reduction traders who are operating without proper authorization. The

World Bank Commits $750 Million to Boost Access to Electricity in Nigeria
- By Adeyinka Arutu
- . July 2, 2023
The World Bank Announces $750 Million Pledge to Enhance Electricity Access in Nigeria The World Bank has recently revealed its

Nigerian Banks Benefit from Naira Redesign Policy as Electronic Banking Income Surges
- By Adeyinka Arutu
- . June 30, 2023
The Central Bank of Nigeria’s initiative to redesign the naira has proven to be advantageous for at least 12 Nigerian

Nigerian Seafarers Highlight $100 Billion Potential in Maritime Industry
- By Adeyinka Arutu
- . June 29, 2023
Seafarers in Nigeria have emphasized the immense potential of the country’s maritime industry, stating that it could generate $100 billion