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RMB, World Bank Close First to Market MIGA Guaranteed Sovereign Loan Rand Merchant Bank (RMB), a division of FirstRand Bank Limited, has achieved a significant milestone in Africa by partnering…
Ecobank SuperSavers Account Holders Get Up to 9% Interest Rate Ecobank Nigeria, a subsidiary of the Ecobank Group, the leading pan-African banking group has announced mouthwatering interest rates on its…
EC, AfDB Unlock New Funding for African Infrastructure Projects On the sidelines of this week’s Italy-Africa Summit, the European Commission (EC) and the African Development Bank Group have formalised a…
Crown Takaful Insurance Obtains NAICOM Approval to Begin Operation Crown Takaful Insurance Ltd. has received an operating licence from the National Insurance Commission (NAICOM) to begin business, Managing Director, Mr…
Oil Rises on Red Sea Tension, US Economic Growth Oil prices increased over sustained disruption at the Red Sea route, garnished by conflicts in the Middle East. Positive price movement…
CBN Releases Additional $500m to Clear FX Backlog The Central Bank of Nigeria (CBN) says it has released 500 million dollars to various sectors in its determination to address the…
Tether USDT Swings on Volatile Price Movements in Crypto Market Tether’s USDt price slides to $0.999927 with a 24-hour trading volume of $27,421,704,478. Tether USDt is down 0.01% in the…
Exchange Rates Diverge as FX Supply Sinks 3.5% The naira exchange rates diverged across the foreign exchange markets as US dollar scarcity persisted in Nigeria. At Nigeria’s autonomous foreign exchange…
Fiscal Commission to Verify Capital Projects Worth N2.9Trn The Fiscal Responsibility Commission (FRC) is set to begin physical verification of selected Federal Government capital projects valued at N2.9 trillion across…
Economic Commission Sees Slowdown in Global GDP Growth The Economic Commission for Africa (ECA) says global Gross Domestic Product (GDP) will experience slow growth from 2.7 per cent in 2023…