The Federal Government has secured $800m from the International Bank for Reconstruction and Development (World Bank) to provide post-petroleum subsidy palliatives for over 50 million Nigerians ahead of June 2023.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, revealed this to State House correspondents on Wednesday, after this week’s Federal Executive Council chaired by the…
In a bid to facilitate a seamless parking experience across the metropolis, the Lagos State Government has partnered ARCA Payment Ltd. to develop a parking payment application that will enhance coordinated parking operations.
Revealing this development at a partnership…
The Director of the Correctional Service Special Study Centre of the National Open University of Nigeria, Francis Enobore, has called on sub-national governments and well-meaning Nigerians to support the free education policy of the NOUN for prisoners to enhance sustainable…
The Nigerian Exchange Limited has recorded N318.52bn of listings across its equities, fixed income, mutual funds and derivatives categories in the first quarter of 2023.
This was disclosed in the X-Compliance report of NGX released on Tuesday.
According to the report, the NGX saw N11.23bn in Federal Government of Nigeria bond listings which constituted FGN Savings Bonds with maturities ranging…
The Federal Government has said the second Niger bridge will be fully open to vehicular movement on May 15.
The Minister of Works and Housing Babatunde Fashola revealed this on Tuesday while inspecting and confirming the completion of the Loko-Oweto Bridge and link roads…
The African Development Bank has approved a grant of $525,000 for an online digital hub to serve as a repository of knowledge for fintech entities in Africa.
This was disclosed during the signing ceremony for the Letter of Agreement between the AfDB Group and the Africa…
Vice President Yemi Osinbajo, on Tuesday, in Abuja, directed the Nigeria Sovereign Investment Authority to develop the country’s first carbon market activation plan and drive engagement on the plan.
He also argued that Africa could become the first truly green civilisation given its status as the lowest carbon emitter and its relatively young population that could effectively deploy green…
UBA Foundation, the corporate social responsibility arm of United Bank for Africa Plc, says it has joined the rest of the world to celebrate women in the month of March, with various activities aimed at empowering young women and promoting gender equality.
Specifically, the…
No fewer than 173 digital lending applications have been approved to operate in Nigeria by the Federal Competition and Consumer Protection Commission.
The 173 loan apps, only 119 have full approvals while 54 currently have conditional approvals while it bars illegal online…
Some shareholders have expressed concerns over Oando Plc’s plan to delist from the capital market and acquire the shares of minority shareholders.
Oando in a corporate notice on Thursday informed the Nigerian Exchange Limited of its latest plans.
The company’s core investor, Ocean and Oil Development Partners Limited, proposed to acquire the shares of its minority shareholders at the rate of…