Business

CBN Governor Backs Higher Capital Requirements to Boost Financial Inclusion

CBN’s Cardoso has emphasised that raising capital requirements will empower banks to expand credit access, enhancing financial inclusion for underserved…

2 days ago

Shell Wins Appeal, Overturns Landmark Emissions Ruling Mandating 45% Reduction by 2030

Shell has won an appeal, overturning a 2021 ruling that ordered it to reduce carbon emissions by 45% by 2030

2 days ago

Elliott Investment Management Pushes For Honeywell Break-up, Citing $5 Billion Stake

Elliott Investment Management has called for Honeywell break-up, citing $5 billion stake and potential 51%-75% share price boost.

2 days ago

Oduwole: Ministry Of Trade And Investment Will Prioritise Retaining Domestic Investment, Boosting FDI For Economic Competitiveness

Trade minister Jumoke Oduwole has said that retaining domestic investment in Nigeria will be prioritised for economic competitiveness

3 days ago

Bitcoin Approaches $90,000 Amid Investor Optimism for Crypto-Friendly Trump Administration

Bitcoin has surged close to $90,000 as investors anticipate favourable policies under the crypto-supportive Trump administration.

3 days ago

Nigeria’s ALSCON Set For Restart As BFI Group, China’s CNCEC Forge $3.5 Billion Aluminium Deal

The FG has overseen the signing of a $3.5bn agreement between BFI Group and CNCEC to revive the ALSCON plant.

3 days ago

NNPC Ends Decades Of Petroleum Importation, Partners With Dangote Refinery For Local Supply

The NNPC has announced an end to petroleum importation, transitioning fully to local supply through the Dangote Refinery.

3 days ago

National Grid: Decentralising Power Grid Doesn’t Mean Our Problems Would Automatically Be Solved, Says Martins Arogie

Martins Arogie has cautioned that decentralising regulatory control over Nigeria’s power grid won’t automatically resolve underlying sector challenges.

3 days ago

Keyamo Leads Delegation to Inspect Prime Atlantic Safety Services

Aviation Minister Keyamo has led a delegation to inspect Prime Atlantic Safety Services, highlighting government support for aviation safety standards.

4 days ago

BMI Predicts Naira Will Slide to N1,993/$ by 2028, Impacting Medical Imports

BMI has predicted that naira will reach N1,993/$ by 2028, impacting Nigeria’s pharmaceutical industry’s ability to import medical devices.

4 days ago