Emmanuel Ojukwu
- Banking
- May 30, 2024
- 75 views
Wema Bank Targets Tier-1 Status Amid Recapitalisation Drive
Wema Bank’s Managing Director and Chief Executive Officer, Moruf Oseni, has announced the bank’s strategic plans to retain its national licence and aim for tier-1 banking status following the fresh…
- Business Report
- May 30, 2024
- 62 views
Nigerian Ports Authority Meets with Barge Operators to Boost Export Efficiency
The Nigerian Ports Authority (NPA) has engaged in crucial discussions with the Barge Operators Association of Nigeria (BOAN) to ensure the seamless evacuation of export cargo from the hinterland to…
- Business Report
- May 30, 2024
- 114 views
Jumia Nigeria Unveils State-of-the-Art Logistics Hub
Jumia Nigeria has inaugurated a cutting-edge integrated warehouse and logistics facility in Isolo, Lagos, aiming to significantly boost delivery efficiency. The launch, held on Tuesday, marks a pivotal advancement in…
- Economy
- May 27, 2024
- 80 views
Nigeria Embarks on Major GDP and CPI Rebasing Exercise
The National Bureau of Statistics (NBS) has announced the commencement of a comprehensive rebasing of Nigeria’s Gross Domestic Product (GDP) and Consumer Prices Index (CPI). This move, detailed by Statistician-General…
- Economy
- May 27, 2024
- 70 views
Nigeria’s Manufacturing Sector Faces Turmoil Amid Economic Challenges
The Manufacturers Association of Nigeria (MAN) has revealed that the nation’s manufacturing sector experienced significant setbacks in the first quarter of the year, with companies forced to reduce production and…
- Oil and Gas
- May 27, 2024
- 63 views
Nigeria Secures $16.6bn in Oil Sector Investments
In a significant announcement on Monday, the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, revealed that Nigeria has attracted $16.6bn in investments to its oil and gas sector…
- Business Report
- May 27, 2024
- 66 views
CBN Governor Yemi Cardoso Announces Impressive 136% Increase in Q1 FX Inflows Compared to 2023
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, announced a remarkable surge in foreign exchange inflows during the first quarter of 2024, recording 136% of the…
- Uncategorized
- May 23, 2024
- 133 views
Jumia Nigeria Partners Credpal to Offer Customers With Buy Now Pay Later Feature
Jumia Nigeria has entered into a strategic partnership with Credpal to introduce a “Buy Now, Pay Later” (BNPL) feature for its customers. This collaboration aims to enhance the shopping experience…
- Business Report
- May 23, 2024
- 111 views
Central Bank of Nigeria Enforces New Licensing Rules for Bureau de Change Operators
The Central Bank of Nigeria (CBN) has mandated all existing Bureau De Change (BDC) operators to re-apply for new licenses in their preferred category. This was announced on Wednesday in…
- Banking
- May 22, 2024
- 62 views
IMF Reveals 56% of Central Banks Lack National Cybersecurity Strategy for Financial Sector
The International Monetary Fund (IMF) revealed that 56 percent of central banks or supervisory authorities in a survey of 51 countries do not have a national cyber strategy for the…
