FG auctions N350bn February 2025 savings bond
The Debt Management Office on behalf of the Federal Government issued N350 billion worth of Saving Bonds in February 2025. The bonds are offered for subscription by auction on Monday, according to the offer circular issued by the DMO on behalf of the Federal Government. In a circular by the […]
Access Holdings Plc partners NIBUCAA to promote public health
Access Holdings Plc, in collaboration with the Nigerian Business Coalition Against AIDS, has provided free HIV testing to over 2,000 participants at the Access Bank Lagos City Marathon 2025. This initiative aims to promote public health and curb the spread of HIV/AIDS in Nigeria. In addition to testing, the program[…]
Nigeria’s inflation rate drops to 24.48% from 34.8%
The National Bureau of Statistics (NBS) has published that the Headline inflation rate on a year-on-year basis stood at 24.48% in January 2025. The sharp decline from the inflation rate of 34.8% in December 2024 is due to the rebasing of Consumer Price Index (CPI) by the National Bureau of[…]
Dangote Cement Plc plans $400m expansion of its Ethiopia cement plant
Dangote Cement Plc has notified the Nigerian Exchange Limited (NGX) and all stakeholders of its plan to invest USD 400 million to upscale a second production line at its Mugher cement plant in Ethiopia. This expansion aims to double the facility’s annual production capacity to 5 million tons and is[…]