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Afreximbank’s Net Interest Income Hits $826.2 Million in First Half of 2024

Afreximbank’s Net Interest Income grew by 24.5% in H1’2024 to reach US$826.2 million, compared to US$663.6 million for the same period last year (H1’2023)....

Equatorial Guinea, Nigeria Sign Gulf of Guinea Gas Pipeline Agreement

In a move set to strengthen bilateral cooperation in West Africa, Equatorial Guinea and Nigeria have signed an agreement for the construction of the...

NDIC Pays Heritage Bank Depositors N5 million Insured Deposit

The Nigeria Deposit Insurance Corporation (NDIC) says it has paid Heritage Bank depositors the maximum insured deposit of N5 million. According to the Corporation,...

Lawson Joins Cadbury Nigeria Board as Non-Executive Director

Cadbury Nigeria Plc has announced the appointment of Ms. Bunmi Lawson as a Non-Executive Director to the Board of Directors of the Company, with...

CBN to Switch to Dutch Auction System August 7

The Central Bank of Nigeria (CBN) has adopted a strategic initiative through a Retail Dutch Auction System (DAS) with a view to addressing the...

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