CBN sterilises N3.57 trillion within three days as deposit money banks deposited excess liquidity into the Standing Deposit Facility. The action reflects stronger monetary tightening […]
Category: Finance
Federal Mortgage Bank recapitalisation drives Nigeria housing finance expansion
Federal Mortgage Bank recapitalisation efforts are advancing as the Federal Mortgage Bank of Nigeria (FMBN) moves to raise its capital base to N750 billion. The […]
NNPC Gas Master Plan 2026 to Boost Nigeria Gas Supply
NNPC Gas Master Plan 2026 is a major initiative designed to increase domestic gas supply in Nigeria and strengthen the country’s energy sector. The Nigerian […]
South Africa Retail Sales Growth Slows in December 2025
South Africa Retail Sales Growth slowed in December 2025, reflecting weaker consumer spending and changing economic conditions. According to data released by Statistics South Africa […]
Libya National Products Support Begins with Government Industry Talks
Libya national products support is gaining attention following a meeting between the Ministry of Planning and the Libyan Industry Union to strengthen local manufacturing, stabilize […]
CardinalStone power sector bond issuance strengthens Nigeria power sector financing
The CardinalStone power sector bond issuance has marked a significant development in Nigeria’s electricity financing landscape following the successful completion of a N501.021 billion bond […]
Green Energy Lekoil $25 million debt: Court appoints interim administrator
Green Energy Lekoil $25 million debt dispute has led to a major legal development after the Federal High Court, Lagos Division ordered interim administration for two […]
US Sanctions Pacific Island Leaders Over China Influence
The U.S. State Department has sanctioned officials from Palau and the Marshall Islands amid concerns over Chinese influence and corruption. Strategic Importance of the Pacific […]
European Parliament Votes on Digital Euro Support
The European Parliament will vote on a report reviewing the European Central Bank’s work. This report includes a section supporting the digital euro. Forty-eight EU […]
Trump Threatens to Block Windsor Detroit Bridge
Former US President Donald Trump has warned he may block the opening of the Windsor Detroit bridge unless the United States gains partial ownership. As […]
