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Finance & Economy - Page 279

Federal Government Unveils 2026 MDA Budget Allocations; Finance, Defence, Works Lead Spending

The Federal Government has released the 2026 budget allocations for Ministries, Departments, and Agencies (MDAs), revealing a multi-trillion-naira distribution aligned with national priorities in security, infrastructure, human capital, and economic growth. The 2026 budget, titled the “Budget of Consolidation, Renewed Resilience, and

January 9, 2026

Labour

Ngige Says “I Am Doing My Best”

Minister of Labor and Productivity, Dr. Chris Ngige has told Academic Staff Union of Universities (ASUU) that he is doing everything within is power to meet the demands of ASUU. “I have crossed my own territory. I have done extraterritorial jobs

November 17, 2021

Finance & Economy

RIMAN Advises Banks To Embrace Best Risk Management Practices

President of Risk Management Association of Nigeria (RIMAN), Ezekiel Oseni, has urged banks to embrace best risk management practices in their operations as new technologies and processes evolve. Oseni gave the advice during a courtesy visit to Chief Executive Officer of

November 17, 2021

Ecobank Fined N3.2m, PZ Cussons Slammed With N4.8m Amid Clampdown

Finance & Economy

Ecobank Announces First Set Of Weekly Beneficiaries In Super Rewards Season 2

Ecobank Nigeria has announced the names of the first set of weekly beneficiaries of N25,000 each in the second edition of its Super Rewards campaign. The Super Rewards campaign which successfully ran for four months in its first edition was relaunched in

November 16, 2021

Nigerian Banks Earn N135.52 Trillion From CBN's Naira Policy, E-Payment

Finance & Economy

CBN Not At War With Ministry Of Finance -Emefiele

The governor, Central Bank of Nigeria (CBN), Godwin Emefiele, says the apex bank is not at war with the finance ministry, as the bank has worked hard to complement the fiscal policy of the Nigerian government. Mr Emefiele made this known in

November 16, 2021

Finance & Economy

IMF Ready To Collaborate With CBN In Sharing eNaira Experiences With Other Countries – Economist

The International Monetary Fund (IMF) is ready to collaborate with the Central Bank of Nigeria (CBN) on data analysis, cross-country studies, sharing the eNaira experience with other countries, and discussing further evolution of the eNaira including its design, regulatory framework, and other

November 16, 2021

Finance & Economy

Lagos-based TeamApt To Raise US$1bn, Targets Over 350 Million Africans

In its determination to provide financial access to the over 350 million Africans who are currently financially underserved,Nigerian technology startup TeamApt Limited is in the market raising its third round of funding at a value of more than US$1 billion. This, market

November 16, 2021

Finance & Economy

Alleged N1.4bn Oil Subsidy Fraud: Court Admits More Evidence Against Nadabo Energy Boss

The ongoing trial of Abubakar Ali Peters and his company, Nadabo Energy Limited, for an alleged N1.4billion fraud, before Justice C.A. Balogun of the Lagos State High Court sitting in Ikeja, Lagos continued on Tuesday, November 16, 2021, with the Court admitting

November 16, 2021

Lagos Serial Building Collapse, Ethnic Politics And Igbo Outcry

News·Real Estate

How Lagos Can Tackle Building Collapse -Canada-based Engineer

CANADA-BASED Structural Engineer, Ben Ezenta, has stated that resolving the problem of building collapse which has been recurring in different parts of Nigeria, needs a holistic approach as there are many factors causing the disaster.

November 16, 2021

African Development Bank Group has approved a grant of $1.5 million to Mozambique

Africa·Finance & Economy·News

AfDB’s Financial Contribution For Local Content, Job Creation In Mozambique Hits $2.5M

The African Development Bank Group has approved a grant of $1.5 million to Mozambique to boost the development of local content. The grant is earmarked for Small and Medium-sized Enterprises (SME) targeting local content and women-owned business in the natural resources sector

November 16, 2021

Finance & Economy

Unity Bank Records Seven Percent Growth In Q3, Amidst Macro-economic Challenges

Unity Bank Plc has recorded gross earnings of N36.18 billion for the nine-months ending September 30, 2021,representing a 7 percent growth from the N33.8 billion it achieved in the corresponding period of 2020. The lender’s profit before tax also rose by

November 15, 2021

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Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

GivTrade Secures UAE SCA Category 5 Licence

GivTrade, an international multi-asset brokerage providing access to global markets

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

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Finance & Economy - Page 279

Federal Government Unveils 2026 MDA Budget Allocations; Finance, Defence, Works Lead Spending

Ngige Says “I Am Doing My Best”

RIMAN Advises Banks To Embrace Best Risk Management Practices

Ecobank Announces First Set Of Weekly Beneficiaries In Super Rewards Season 2

CBN Not At War With Ministry Of Finance -Emefiele

IMF Ready To Collaborate With CBN In Sharing eNaira Experiences With Other Countries – Economist

Lagos-based TeamApt To Raise US$1bn, Targets Over 350 Million Africans

Alleged N1.4bn Oil Subsidy Fraud: Court Admits More Evidence Against Nadabo Energy Boss

How Lagos Can Tackle Building Collapse -Canada-based Engineer

AfDB’s Financial Contribution For Local Content, Job Creation In Mozambique Hits $2.5M

Unity Bank Records Seven Percent Growth In Q3, Amidst Macro-economic Challenges

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Federal Government Unveils 2026 MDA Budget Allocations; Finance, Defence, Works Lead Spending

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OIC, Nigeria, Egypt, Others Condemn Israeli Official’s Visit to Somaliland, Demand Reversal of Recognition

Nigerians to Receive Immediate Refunds for Failed Telecom Transactions

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

GivTrade Secures UAE SCA Category 5 Licence

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Federal Government Unveils 2026 MDA Budget Allocations; Finance, Defence, Works Lead Spending

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Finance & Economy - Page 279

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