
Zainab Iwayemi
2513 articles published since 07 Jul 2023
2513 articles published since 07 Jul 2023
Wema Bank and UBA have resumed foreign transactions on their Naira cards, enabling customers to make international payments after a three-year pause.
Sun King, in partnership with IFC and Stanbic IBTC Bank, secures an $80 million Naira loan to expand affordable off-grid solar energy access across Nigeria.
The FG will host a nationwide summit in July 2025 to address gasoline pricing, supply dynamics, and stabilisation strategies in the downstream sector.
Rising dollar inflows and CBN policies have strengthened the naira in 2025, with the currency gaining 5.7% on the black market and 0.8% on the official market.
Enugu Air, a state-owned airline, will launch on July 7, 2025, connecting Enugu with major Nigerian cities and elevating the state’s status as a key aviation hub.
GTCO plans to raise $100m through a stock offering and fully list on the London Stock Exchange to support its growth strategy and recapitalise GTBank Nigeria.
AMCON has announced the sale of the Ibadan Electricity Distribution Company for N100 billion, amid ongoing legal disputes and a lawsuit questioning the sale's value.
The IMF advised Nigeria to reconsider its 2025 N54.99 trillion budget due to lower oil prices, while projecting a 3.4% economic growth and highlighting key reforms.
Nigeria recorded a $3.73 billion current account surplus in Q1 2025, driven by strong growth in non-oil exports, gas exports, and a decline in imports.
Zainab Iwayemi
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