Fidelity Bank Successfully Raises N127bn, Eyes Expansion
Fidelity Bank, under the leadership of Managing Director and Chief Executive Officer, Dr. Nneka Onyeali-Ikpe, has successfully oversubscribed its recent capital raise of N127...
Egypt’s Electricity Export Reaches Asian Markets
Egypt is becoming a major electricity exporter, with plans to expand its reach into the Asian market. The country has already established itself as...
ISN Hubs Hosts 5th Annual Gathering in Uyo
The Innovation Support Network (ISN) Hubs is hosting its 5th Annual Gathering from October 29th to November 1st, 2024, in Uyo, Akwa Ibom State....
Airtel Brings Smart Home Entertainment to Customers
Airtel Nigeria, a leading telecommunications provider, has introduced an innovative device called the Airtel Smart Router. This 4G router not only connects up to...
Crypto Ban Faces Legal Challenge In Nigeria
Nigerian cryptocurrency advocate James Utudor has filed a lawsuit against the government, challenging restrictions on digital asset ownership and trading. The case, which names...
Ecobank Reports Highest-Ever Profit in First Half
Ecobank Transnational Incorporated (ETI) has reported a significant increase in its profit after tax, reaching N311 billion for the first half of 2024. This...
Heritage Bank Closure: NDIC Pays Out N5 Million to Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has begun compensating depositors of the defunct Heritage Bank with a maximum payout of N5 million per depositor....
Enugu State Set to Benefit from German Investment in Key Sectors
The German government has expressed strong interest in boosting economic cooperation with Enugu State, focusing on agriculture, energy, trade, and investment. This move is...
Nigeria and Venezuela Partner on Gas Development
Veneoranto Petroleum Limited, a Nigerian oil firm, has signed an agreement with Venezuela's state-owned oil company, PDVSA, to develop two natural gas fields in...
CPPE Warns of Economic Risks as Regulatory Pressures Stifle Nigerian Manufacturing Sector
The Centre for the Promotion of Private Enterprise (CPPE) has raised concerns over the increasing challenges posed by regulatory agencies to the Nigerian manufacturing...