Thematterspress

The Democratic Republic of Congo aims to boost its stake in a cobalt and copper joint venture with Chinese firms...

Nigeria’s new national carrier will kick-off with three planes

Nigeria Air Plane getting set to hit market

Determined to unveil the National carrier, Nigeria Air, before the administration of President Muhammadu Buhari ends on May 29, 2023,...

Customers decry poor network, inability of ATMs to dispense cash

Nigerians get NIN with debit card merger

Nigerians can now request their commercial banks to provide them with a debit card which doubles as their National Identity...

NDIC gives hope to customers of Fortis Bank

NDIC assures defunct banks’ depositors of prompt refund

The Nigeria Deposit Insurance Corporation (NDIC) has assured depositors of the closed banks of speedy payment of their insured sums....

Cash scarcity crashes GDP to 2.3%

The cash scarcity caused by the naira redesign policy of the Central Bank of Nigeria has pushed Nigeria’s Gross Domestic...

NGX, stakeholders set to unfold opportunities in ETFs market

Solid finance important for transformation of economy – NGX

The Nigerian Exchange Limited has said that sustainable finance is important to the transformation of the Nigerian economy. Divisional Head,...

MPR increase: A journey away from single-digit interest rate – MAN

Interest rate hits 18% – CBN

The Central Bank of Nigeria (CBN) has raised the interest rate from 18 percent to 18.5 percent. The apex bank...

Total, Africa Oil exit Kenya Turkana crude project

British exploration firm, Tullow Oil has assumed full ownership of the Kenya crude project in Turkana after its joint venture...

IFC to invest $17.5m in mega mixed-use complex in Kigali

The International Finance Corporation (IFC) will invest $17.5 million in French real estate conglomerate Duval Group to develop a mega...

Lagos state raises N143.8bn long-tenure bonds