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Senate passes bill to promote alternative financing options for MSME operators, trade
Senate, Wednesday, passed the Factoring, Assignment and Receivables Financing Bill 2026, aimed at improving access to finance, modernise commercial transactions and enhance Nigeria’s competitiveness in regional and global trade. The bill is also designed to expand the framework of financing…
FCCPC denies FG directive approving 9 new airtime credit operators
Federal Competition and Consumer Protection Commission (FCCPC) has dismissed reports claiming federal government, through the agency, has approved the entry of nine new operators into Nigeria’s airtime credit market. It would be recalled that the Wireless Application Service Providers Association of…
Rewane, Moghalu get FCMB, Bluecode Africa appointments
First City Monument Bank (FCMB) Limited has appointed Bismarck Rewane as a Non-Executive Director and Chairman of its Board of Directors, following approval from the Central Bank of Nigeria (CBN). This is also as Bluecode Africa, the European payments infrastructure operator…
Bid submissions for 2025 licensing round ends on June 12 — NUPRC
Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has affirmed that submission of technical and commercial bids by prequalified applicants for the 2025 licensing round will end on Friday, June 12. NUPRC had fixed 4:30 pm of Friday, June 12, 2026 as deadline…
FG launches EMERGE scheme to fund mineral exploration, research
Federal Government has launched the Early-Stage Mineral Exploration and Research Grant Endowment (EMERGE), a new funding initiative designed to support mineral exploration, critical minerals development, and geoscience research across Nigeria. This is also as the minister of Solid Minerals Development,…
NGX trading remains bullish, as market capitalisation closes at N156.79trn
Trading, Wednesday, at the Nigerian Exchange (NGX) continued its bullish run as the all-share index (ASI) of listed equities closed higher by 0.31 per cent. Investor sentiment was strong, pushing market capitalisation up by N480.15 billion to close at N156.79 trillion…
Calls for accelerated implementation of ECOWAS airfare policy grows
Calls for the accelerated implementation of the recently adopted Economic Community of West African States (ECOWAS) airfare policy toward ensuring affordable intra-regional air transportation have continued to grow. Presently, air travel in the West African sub-region is by far more…
DMO revises Q2, 2026 NTBs, raising offer by 22% to N4.8trn
Debt Management Office (DMO) has increased its Nigerian Treasury Bills (NTBs) issuance programme for the second quarter of 2026 by approximately N850 billion, raising the total planned offer amount from N3.95 trillion to N4.8 trillion, according to an analysis of…
Heirs Energies deepens sustainability with Agbada Green Corridor initiative
In a demonstration of its growing commitment to environmental stewardship alongside energy development, Heirs Energies Limited has launched the Agbada Green Corridor Initiative, a tree-planting programme designed to promote biodiversity, enhance climate resilience and support environmental sustainability across its operational…
Standard Bank backs Dangote Refinery IPO, expansion
The planned public listing of the Dangote Petroleum Refinery has received a significant boost after Africa’s largest banking group signalled its readiness to play a leading role in the transaction while pledging continued support for the industrial giant’s expansion ambitions…
