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The sharp depreciation of the naira between 2023 and 2024 significantly increased the contribution of foreign subsidiaries to the earnings and asset base of Nigerian banking groups, according to a new report by Fitch Ratings. The post Naira devaluation boosts…
Read moreThe World Bank Group President, Ajay Banga, has announced that Nobel laureate Michael Kremer has been appointed as the bank’s Chief Economist and Senior Vice President for Development Economics. The post World Bank appoints Nobel laureate Michael Kremer as Chief…
Read moreThe Federal Government has commissioned a 3.3MWp solar hybrid mini-grid with 2MWh battery storage at Yakubu Gowon University, formerly the University of Abuja, as part of efforts to improve reliable electricity supply to federal tertiary institutions. The post FG commissions…
Read moreMidea held its 2026 Dealers Conference at the Ikeja Marriott Hotel, bringing together dealers, distribution partners, installers and other trade stakeholders to review the company’s business direction, explore product innovations and align on growth opportunities in Nigeria.Held under the theme…
Read moreSterling Financial Holdings Company Plc has announced the appointment of Laoye Jaiyeola and Chinedu Ikwudinma as Independent Non-Executive Directors of Sterling Bank Limited. The post Sterling Bank appoints Laoye Jaiyeola, Chinedu Ikwudinma as independent directors appeared first on Nairametrics.
Read moreNigeria’s economy is already broad, and its exports are shifting. But diverse is not the same as diversified, and for anyone deploying capital the difference is where both the risk and the opportunity sit. The post Nigeria’s trillion dollar economy…
Read moreThe rapid adoption of AI has brought a new tech dilemma into the spotlight. The data centers that power everyday AI use are running into a thermal wall that traditional air cooling can no longer service. Without top-tier cooling systems…
Read morePresident and Chief Executive Officer of Dangote Industries Limited, Aliko Dangote, has commended the leadership of Nigerian Exchange Group (NGX Group) for transforming Nigeria’s capital market. He spoke at the Facts Behind the Offer presentation and Opening Gong Ceremony for…
Read moreOffers customers greater flexibility for less urgent shipments. Affordable domestic shipping designed to support business growth and operational efficiency. Access to a trusted network that connects customers and businesses across Nigeria. Greater convenience for businesses and individuals shipping parcels within…
Read moreThe Nigerian capital market is at a pivotal juncture with the Dangote Refinery IPO, amidst a bullish trend across the Nigerian Exchange (NGX). The post Nigerian Blue-Chip stocks hold sway amid Dangote’s refinery IPO appeared first on Nairametrics.
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