Custodians of Truth
Africa Energy Bank to Kick Off by January 2025: A Strategic Move to Power the Continent’s Energy Security The Federal Government of Nigeria has announced the imminent launch of the Africa Energy Bank (AEB), a groundbreaking financial institution set to […]
Oil marketers have clarified their stance regarding the Dangote Refinery, asserting that they are not against the facility and are willing to purchase refined Premium Motor Spirit from it. Billy Gillis-Harry, President of the Petroleum Products Retail Outlets Owners Association […]
During the second quarter of 2024, Nigerians repaid approximately N4.05 trillion in personal loans, leading to a significant reduction in outstanding personal loan balances. According to the Central Bank of Nigeria’s recent quarterly economic report, these repayments caused personal loan […]
The World Bank has joined forces with DO Take Action, a prominent non-profit startup dedicated to sustainable development in Africa, to introduce an innovative initiative aimed at empowering women entrepreneurs in Nigeria. Precious Ebere, Co-Founder of DO Take Action, announced […]
The Federal Government of Nigeria, through the National Sugar Development Council (NSDC), is actively encouraging both local and international investors to explore opportunities within the nation’s burgeoning sugar sector, which boasts a robust local demand and a $7 billion African […]
In a monumental show of global solidarity, Saudi Arabia, through the King Salman Humanitarian Aid and Relief Centre (KSrelief), pledged over $1.1 billion at a major donors’ conference in Jeddah to support displaced populations and refugees in the Sahel and […]
In 2016, Nigerian entrepreneur Ebun Feludu started a coconut business from the most unexpected place—her kitchen. Today, her venture, Kokari Coconuts & Company, has grown into a multi-million-dollar enterprise, with two fully operational factories producing a wide range of coconut-based […]
First Bank has revealed plans to shift to a cloud-based procurement and financial platform as part of its efforts to boost operational efficiency and enhance service delivery. The migration is set to start on Saturday, October 26, 2024, and could […]
The Dangote Petroleum Refinery has started supplying Premium Motor Spirit (PMS), commonly known as petrol, directly to some oil marketers, bypassing the Nigerian National Petroleum Company (NNPC) Limited. This development has prompted more oil marketers to seek direct purchases from […]
A Nigerian court has ordered the release of Binance executive Tigran Gambaryan after money laundering charges against him were dropped to enable him to seek medical treatment abroad. The Economic and Financial Crimes Commission (EFCC) withdrew the charges during a […]