Abdul Samad Rabiu Becomes Africa’s Second-Richest Billionaire
By Elizabeth Ugbo Rabiu Surpasses Johann Rupert in Bloomberg Ranking Abdul Samad Rabiu has emerged as Africa’s second-richest individual after…
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Nigeria States External Debt Rises by $884.66m in 2025 Despite Higher FAAC Allocations
By Elizabeth Ugbo Nigeria’s 36 states and the Federal Capital Territory increased their external debt by $884.66m between December 2024…
AXA Mansard, Herconomy Launch 2026 Enterprise Challenge to Empower Nigerian Women Entrepreneurs
By Elizabeth Ugbo AXA Mansard Insurance Plc has renewed its partnership with Herconomy to host the 2026 Enterprise Challenge, aimed…
East Africa Attracts $4.1bn Investment as Kenya Leads Private Capital Drive
By Elizabeth Ugbo East Africa attracted $4.1bn in investments between 2021 and 2025, according to data released at the 22nd…
Central Bank of Nigeria Raises Card Fees to N1,500, Unveils New Bank Charges Effective May 2026
By Elizabeth Ugbo The Central Bank of Nigeria (CBN) has increased debit and credit card issuance fees to N1,500, effective…
Nigeria Loan Debate: Economists, Atiku Clash Over $516m Sokoto–Badagry Highway Funding
By Elizabeth Ugbo Nigeria’s President Bola Tinubu has requested Senate approval for a $516.3 million external loan from Deutsche Bank…
Kathmandu: Nepal Government Amends Financial Procedures to Speed Up Project Payments
By Elizabeth Ugbo The Government of Nepal has amended financial procedures in Kathmandu to fix delayed payments for development projects.…
FG Dismisses Claims of Revenue Diversion, Clarifies World Bank Report Findings
By Elizabeth Ugbo The Federal Ministry of Finance has dismissed claims of revenue diversion in Nigeria, stating on Monday in…
British Pound Holds Firm Against Naira as New Week Trading Begins
By Elizabeth Ugbo The British Pound opened trading on Monday, April 20, 2026, in Nigeria at around ₦1,817.83 in the…
MTN Suspends Xtratime Over New FCCPC Lending Rules
By Elizabeth Ugbo MTN Nigeria has suspended its Xtratime service in Nigeria on April 2026 following new 2025 regulations by…