The Central Bank of Nigeria (CBN) will continue to grow the nation’s net foreign reserves beyond the level stipulated by the International Monetary Fund (IMF) to ensure the economy remains safe and healthy, CBN Governor Olayemi Cardoso, said yesterday after the Monetary Policy Committee (MPC) meeting, where key interest rates were held steady for the…
Nigeria’s participation at the Global Entrepreneurship Congress (GEC) has demonstrated her growing influence in global entrepreneurial ecosystem, Managing Director, Global Entrepreneurship Network Nigeria (GEN Nigeria), Dr. Olawale Anifowose, has said. According to him, GEC is both a meeting point and a growth platform, where Nigerian entrepreneurs engage with global ecosystems to connect, learn, and thrive….
The Chairman Aliko Dangote Foundation and President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has been named in the inaugural 2025 TIME100 Philanthropy list, which recognises the 100 most influential leaders shaping the future of philanthropy across the world. Dangote is the only Nigerian on this distinguished list. The list, published by TIME Magazine yesterday, featured Aliko Dangote,…
Despite the fluctuations in global crude oil prices, Dangote Petroleum Refinery and Petrochemicals, yesterday assured that it will ensure a stable price of the commodity. The company, in a release, signed its Group Chief Branding and Communications Officer, Anthony Chiejina, said the decision to maintain price stability reflects its unwavering commitment to supporting the Nigerian…
United Bank for Africa (UBA) Plc has reaffirmed its leadership position in fostering economic growth and empowerment as it clinched four major awards at the 2025 Development Bank of Nigeria (DBN) Service Ambassador Awards which held at the weekend in Lagos. The prestigious awards, recognises financial institutions driving impactful support for Micro, Small, and Medium…
Savannah Energy Plc has announced its unaudited trading update for first quarter (Q1) 2025; revealing a 19 per cent year-on-year increase in total revenue to $73.3 million, up from $61.4 million in Q1 2024. This growth was driven by the successful acquisition of Sinopec International Petroleum Exploration and Production Company Nigeria Limited (SIPEC) and expansion…
TD Africa, Africa’s leading technology distribution powerhouse, reaffirmed its dominance in the tech industry by winning two prestigious awards at Huawei Day Nigeria 2025, a landmark three-day celebration themed “Accelerating Industrial Intelligence.” Held at the Grand Ballroom of the Lagos Oriental Hotel, Victoria Island, the event brought together Nigeria’s foremost tech innovators, policymakers, and industry…
Musty Mustapha, co-founder of Kuda, delivered a compelling keynote address titled ‘Start Small, Build Bold’ at the inaugural NACOSS TechFest on May 13, 2025, held at the University of Ilorin Auditorium. Organised by the Nigeria Association of Computer Science Students (NACOSS), the event, themed ‘Tech for Good: Creating Solutions for a Better World,’ brought together…
In a bold move to redefine promotion of financial literacy, Nigeria’s retail lender, Unity Bank Plc, has unveiled GenFi, a new digital banking platform tailored to empower kids and teenagers between the ages of 8 and 18 with essential financial skills. The launch follows a report by the Central Bank of Nigeria, which found that…
