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Nigerian Stock Market Rebounds with N425 Billion Gain

The equities market turned positive on Friday after a three-day downturn, ending the week with a N425 billion gain for investors. The gain was driven...

Lawmaker Seeks Review of GIFMIS Amid Delayed Payment to Contractors

Obi Aguocha, a lawmaker (LP-Abia), has called for the review of the Government Integrated Financial Management Information System (GIFMIS) to ensure speedy payment of...

JICA, AfDB Sign $5.5 Billion Agreement on Private Sector Initiative

The Japan International Cooperation Agency and the African Development Bank on Thursday signed a memorandum of understanding launching the sixth phase of the Enhanced...

Nigeria’s Foreign Exchange Reserves Hit $41 Billion, Highest in Over 44 Months

In a significant boost to Nigeria’s economic outlook, the country’s gross foreign exchange (FX) reserves surged to $41.05 billion on August 21, 2025, the...

Export-Import Bank Board Approves $514 Million to Strengthen American Jobs, Global Competitiveness

On Thursday, the Export-Import Bank of the United States’ Board of Directors approved two transactions totalling nearly $514 million. These transactions will directly support American...

Send App by Flutterwave Unveils ‘Share and Earn’ Referral Programme

Africa’s leading payments technology company, Flutterwave, has recently announced the launch of its referral program through Send App, its cross-border remittance product. The integration of...

U.S. Export-Import Bank Board of Directors Approves $47 Million Transaction to Côte d’Ivoire

The Export-Import Bank of the United States’ Board of Directors has approved a transaction to export technology to digitalise the Côte d'Ivoire’s Ministry of...

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