Economy

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20 states bag $27m World Bank performance incentives

20 states bag $27m World Bank performance incentives

The World Bank-supported HOPE Governance Programme, will disburse 27 million dollars as performance-based incentives to 20 states that achieved the…
WhatsApp launches usernames to replace phone number sharing

WhatsApp launches usernames to replace phone number sharing

WhatsApp has introduced usernames, a new feature that allows users to connect with others without sharing their phone numbers. The…
CMAN appraises CBN, seeks gradual moderation of interest rates

CMAN appraises CBN, seeks gradual moderation of interest rates

The Capital Market Academics of Nigeria (CMAN) has commended the Central Bank of Nigeria (CBN) for its recent monetary reforms…
Federal Government Distributes Over 80,000 Free Fertiliser Bags to Farmers in South-South Nigeria

Federal Government Distributes Over 80,000 Free Fertiliser Bags to Farmers in South-South Nigeria

The Federal Government has begun distributing 80,640 free bags of fertiliser to smallholder farmers across four South-South states, as part…
Bharti Airtel raises stake in Airtel Africa to 79% via share swap deal

Bharti Airtel raises stake in Airtel Africa to 79% via share swap deal

Bharti Airtel has raised its ownership in Airtel Africa from 62.7% to approximately 79% after acquiring an additional 16.3% stake…
CBN mops up ₦4.74 trillion via OMO auctions in two days

CBN mops up ₦4.74 trillion via OMO auctions in two days

The Central Bank of Nigeria absorbed approximately ₦4.74 trillion from the financial system through a series of Open Market Operations…
Jaiz Bank Eyes SME and Retail Growth in 2026 as Profit Surges 28%

Jaiz Bank Eyes SME and Retail Growth in 2026 as Profit Surges 28%

Jaiz Bank Plc has announced plans to aggressively grow its retail and Small and Medium Enterprises (SME) banking operations in…
Providus Bank and Unity Bank merge to launch ProvidusUnity Bank

Providus Bank and Unity Bank merge to launch ProvidusUnity Bank

The merger between Providus Bank and Unity Bank has been formally concluded, giving rise to a new institution ProvidusUnity Bank…
Diesel price skyrockets to N3,277 per litre in May 2026 – NBS

Diesel price skyrockets to N3,277 per litre in May 2026 – NBS

The National Bureau of Statistics (NBS) says the average retail price of a litre of diesel increased from N1,758.26  in…
Nigeria launches integrated PPP framework to close infrastructure gap

Nigeria launches integrated PPP framework to close infrastructure gap

The Federal Government of Nigeria has unveiled a unified Public-Private Partnership (PPP) framework designed to fast-track infrastructure delivery and mobilise…
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