Zenith Bank Raises N350 Billion Through Hybrid Rights Issue and Public Offer
Zenith Bank has raised N350.4 billion through a hybrid Rights Issue and Public Offer, exceeding regulatory capital requirements.
NIMC, NIBSS, Stakeholders to Roll Out Digital Cards to Boost Financial Inclusion in Nigeria
NIMC, NIBSS, and AfriGO are set to launch digital cards with multiple wallets to enhance financial inclusion and Nigeria’s GDP.
NEITI Urges Quick Completion of Refinery Rehabilitation
NEITI has called for swift completion of refinery rehabilitation, highlighting NNPC’s progress in Port Harcourt and Warri facilities.
Banks Borrow N8.2 Trillion from CBN in 17 Days to Address Liquidity Crisis
Banks have reportedly borrowed N8.2trn from the CBN in January 2025 to tackle liquidity challenges and boost lending to the economy.
NNPC to Launch Construction of Five Mini-LNG Plants in Ajaokuta on Thursday
NNPC is set to launch five mini-LNG plants in Ajaokuta, Kogi State to boost Nigeria’s energy sector.
CBN Survey Reveals Business Optimism, Projects Naira Appreciation Into 2025
Businesses anticipate Naira appreciation, projecting a 29% rise by mid-2025, driven by CBN forex reforms and market confidence.
Nigeria Seeks WEF Partnership for African Atlantic Gas Pipeline, Lake Chad Recharging
Nigeria have sought WEF collaboration on African Atlantic Gas Pipeline to boost energy security, connect Nigeria to Morocco and Europe.
CBN Approves Nigerian FX Code to Promote Ethical Practices in Market, Launch Set for January 2025
CBN has introduced Nigerian FX Code to promote ethical conduct and governance, launching on January 28 in Abuja.
Oando Wins Operatorship of Angola’s KON 13 Oil Block, Strengthening African Energy Leadership
Angola has awarded Oando 45% stake in KON 13 Oil block after competitive bidding, advancing its African energy expansion goals.
Trump’s Support for Meme Coin Stirs Controversy in Crypto Industry
Trump’s support for meme coins has sparked controversy, leaving many in the crypto industry divided.
Nigeria’s GDP Projected To Grow By 4.17% In 2025, Says CBN Deputy Governor
CBN has projected Nigeria’s GDP growth at 4.17% in 2025, driven by fiscal reforms, stable oil prices.
Shettima in Davos: I Have Spent 20 Years in Banking, Tinubu a Seasoned Accountant, With Us Nigeria is Ready for Business
Vice President Shettima has assured global investors that Nigeria is ready for business with robust investments and modernisation initiatives.
Landmark Africa Group Plans Leisure Destinations Along West African Coast
Landmark’s Onwuanibe has announced plans to establish leisure lifestyle destinations across West Africa, starting with historically significant locations like Enugu.
At Mongolia House In Davos, Switzerland
ARISE News experienced Mongolia’s heritage at Davos with cashmere scarves and premium vodka, showcasing cultural and business offerings.
Telecom Subscribers Threaten To Sue NCC Over Alleged 50% Tariff Increase, Call It ‘Unacceptable’
Subscribers have voiced anger over an alleged 50% tariff hike, warning of legal action against the NCC for the increase.
NNPC Blames Vandals for Fire at Buguma Oil Wellhead
NNPC has blamed pipeline vandals for fire at Buguma oil wellhead, causing damage to back pressure valve and infrastructure.
Saudi Arabia, Nigeria, France Strengthen Mining Partnership with New MOU Commitments
Saudi Arabia, Nigeria, and France have strengthened their mining collaboration with commitments outlined in a new MOU.
NCC Approves Telcos’ Request for Tariff Increase, Limits Hike to 50%
The Nigerian Communications Commission has approved a tariff hike for telecom operators, capping the increase at 50%.
Dangote Refinery Explains Petrol Price Hike, Cites 15% Surge in International Crude Oil Prices
Dangote Refinery has explained petrol price increase, citing 15% rise in international crude oil prices as the main cause.
Nigeria’s Maiden AfCFTA Shipment Arrives in Kenya
Nigeria’s first AfCFTA shipment, synthetic filaments by Lucky Fibres, has arrived in Kenya, marking a milestone in African trade integration.
