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‘Africa Can Leverage Renewable Energy Resources To Boost Infrastructure’

‘Africa Can Leverage Renewable Energy Resources To Boost Infrastructure’

Africa has an unprecedented opportunity to accelerate development by aligning its abundant renewable energy resources with solutions for its infrastructure deficiencies. This is a key conclusion from a new annual study on the state of…

BudgIT Seeks Release Of 2024 Intervention Projects Budget Details

BudgIT Seeks Release Of 2024 Intervention Projects Budget Details

BudgIT, through its service delivery promotion platform, Tracka, has called on the Budget Office of the Federation to release budgetary details of the N100 billion Zonal Intervention Project (ZIP) outlined in the 2024 Federal Government…

Basel Committee: Digitalisation Of Banking Creates New Risks

Basel Committee: Digitalisation Of Banking Creates New Risks

The digitalisation and entry of Big Tech into finance create new vulnerabilities and amplify existing risks in the banking system that may need new rules to mitigate, according to a new report by the Basel…

MPC: Analysts Expect Another Rate Hike

MPC: Analysts Expect Another Rate Hike

With the latest inflation report, released by the National Bureau of Statistics (NBS) last Wednesday, showing that inflation maintained its upward trend to hit 33.69 per cent in April, from 33.20 per cent in March,…

Weekly Wrap-Up: Investors To Trade Cautiously Ahead Of MPC Meeting

Weekly Wrap-Up: Investors To Trade Cautiously Ahead Of MPC Meeting

Bearish sentiments persisted in the local bourse for another week as profit-taking activities intensified. Despite a rebound on the penultimate trading day driven by renewed interest in AIRTELAFRI (+9.0%), the gains were not enough to…

US Stocks Tread Water With Dow Aiming For 40,000

US Stocks Tread Water With Dow Aiming For 40,000

US stocks were little changed Friday afternoon with Wall Street pausing on the run towards bullish milestones as investors dithered over the odds for rate cuts. The Dow Jones Industrial Average (^DJI) held steady on…

Access Bank Group, AIG-Imoukhuede Foundation Pledge $300m For Africa’s Economic Landscape

Access Bank Group, AIG-Imoukhuede Foundation Pledge $300m For Africa’s Economic Landscape

The Aig-Imoukhuede Foundation and Access Bank Group have pledged $300 million in charitable commitments over the next 20 years. Access Bank has committed $200 million and Aig-Imoukhuede Foundation committed $100 million. This will fund African…

SEC, CRMI Collaborate To Boost Investor Confidence

SEC, CRMI Collaborate To Boost Investor Confidence

The Security and Exchange Commission (SEC) and the Chartered Risk Management Institute are set to embark on a strategic collaboration to enhance investor confidence in the nation’s capital markets. The President of the institute, Dr.…

Germany, Nigeria Trade Relations Hits €3bn – Envoy

Germany, Nigeria Trade Relations Hits €3bn – Envoy

The German Ambassador to Nigeria, Mrs Annette Gunther, says trade relations between Federal Republic of Nigeria and Federal Republic Germany currently stands at about €3 billion. Gunther, who made this known in an interview with…

Nigeria’s Adekeye Emerges, APPO Training Directors Chair

Nigeria’s Adekeye Emerges, APPO Training Directors Chair

Nigeria’s Folashade Adekeye has emerged as the chairperson, Forum of the Directors of Oil & Gas Training & Vocational Education Institutes of the African Petroleum Producers’ Organisation (APPO), according to a statement yesterday by the…