Custodians of Truth
Nigerian tycoon and business magnate, Femi Otedola, has been officially appointed as the new Chairman of the Board of Directors for First Bank of Nigeria (FBN) Holdings. This strategic transition marks a significant shift in leadership for Nigeria’s oldest financial […]
150 Indian companies have injected a cumulative $27 billion into Nigeria, marking a robust partnership between the two nations. The disclosure came from Mr. Gangadharan Balasubramanian, the Indian High Commissioner to Nigeria, during a commemorative dinner in Abuja celebrating India’s […]
On Friday, February 2, 2024, a substantial workforce comprising at least 1,500 members of staff from the Central Bank of Nigeria (CBN) is set to commence their duties at the institution’s Lagos office, having undergone a strategic redeployment from the headquarters.
Starlink, the satellite internet company under SpaceX, has established its first physical office on the continent in Nairobi, Kenya. This decision comes on the heels of Starlink launching its services in Nigeria, marking its foray into the African market. SpaceX […]
The government of Rwanda has inked a transformative agreement with the African Pharmaceutical Technology Foundation (APTF). The deal, signed on December 18, underscores a collective commitment to leveraging technology to reshape the medical landscape across the continent. Despite Africa producing […]
In a bid to uplift low-income traders and fortify Lagos State’s food supply chain, Governor Babajide Sanwo-Olu inaugurated the Trader Money Initiative, injecting a substantial N750 million into the program. The announcement came during the commissioning of the Fresh Food […]
Nigeria’s economy witnessed a significant surge in the third quarter of 2023, with the National Bureau of Statistics (NBS) reporting a total external merchandise trade value of N18.80 trillion. The latest figures unveiled a robust trade surplus, fueled by substantial […]
The Federal Government of Nigeria has announced the initiation of its Presidential Palliative Programme, in a move aimed at cushioning the effects of the recent fuel subsidy removal. This strategic intervention, comprising the Presidential Conditional Grant Programme and the Presidential […]
In recent years, Kenya emerged as an economic powerhouse in Eastern and Central Africa, securing its position as the second-largest economy in the region. The nation’s economic growth and stability have been key contributors to this remarkable feat. Kenya’s Gross […]
Egypt has launched its maiden automated teller machine (ATM) specifically designed to vend gold bars, heralding a new era in democratizing access to precious metals. Developed through the collaborative efforts of Banque Misr and local e-payment technology firm Finway, the […]