Business

Nigeria Plans $250 Million Green Bonds For September 2024

Nigeria has announced a $250 million green bond issuance for climate projects in September 2024 to attract private investors.

3 months ago

African Oil Producers Call On Member Nations To Fulfil Financial Obligations For $5bn Africa Energy Bank

The African Petroleum Producers' Organisation has urged member countries to contribute $83 million each towards establishing the Africa Energy Bank.

3 months ago

Toyota Joins Major Automakers In Backing Electric Vehicle Charging Firm IONNA

IONNA plans to install 30,000+ charging ports in North America by 2030, expanding EV infrastructure significantly.

3 months ago

Microsoft Drops Observer Seat on OpenAI Board Amid Regulatory Scrutiny

Microsoft confident in OpenAI's direction has dropped observer seat amid regulatory scrutiny over $10 billion investment and control concerns.

3 months ago

Reuters: NNPC Contemplates New $2bn Crude Oil Backed Loan Amid Rising Debts

NNPC is negotiating a $2 billion loan, backed by crude oil, to enhance its finances and support production, Reuters says.

3 months ago

Realistic Petrol Price Around N1500-N1950 But Nigerians Can’t Afford It, Retailers’ President Gillis-Harry Says

Gillis-Harry has warned that rising petroleum prices could reduce Nigerians’ buying power, impacting retail outlet owners.

3 months ago

Sanwo-Olu Echoes Dangote’s Concerns, Calls for CBN Intervention on Interest Rates

“I don’t know how we’re going to survive the kind of interest rate regime that we have now,” says Sanwo-Olu.

3 months ago

Finance Minister Urges SEC Board to Embrace Innovation in Capital Market Regulation

Finance Minister Edun says SEC needs to adapt to AI and digital currency trends for effective guidance and necessary approvals.

3 months ago

World Bank Appoints Ndiamé Diop As New Country Director For Nigeria

The World Bank has appointed Ndiamé Diop as Nigeria's country director, aiming to deepen partnerships and accelerate Nigeria’s economic progress.

3 months ago

‘Awesome Experience’: Keyamo Endorses Air Peace Lagos-London Service, Urges Nigerians To Fly Airline 

Aviation Minister Keyamo says Nigerians should choose Air Peace for their trips, stating, "It's our airline, we must patronise it."

3 months ago