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Minister Nabé takes helm of EBID Governors as Guinea pushes reform agenda
African Business • 16 Apr 2026, 09:04
Minister Nabé takes helm of EBID Governors as Guinea pushes reform agenda
African Business • 16 Apr 2026, 09:04
Guinea's Minister of Planning, Development, and International Cooperation Ismaël Nabé assumes leadership of EBID's Board of Governors, signalling continuity in reform and ambition for regional financial expansion.
EBID sets ambitious investment drive as West Africa growth strategy takes shape
African Business • 16 Apr 2026, 09:00
EBID sets ambitious investment drive as West Africa growth strategy takes shape
African Business • 16 Apr 2026, 09:00
The ECOWAS Bank for Investment and Development has unveiled a new five-year strategy focused on growth, resilience and optimisation, alongside a pledge to scale up investments across West Africa and deepen regional integration.
Beninese pan-African activist Kemi Seba arrested in South Africa
Africanews EN • 16 Apr 2026, 08:34
Beninese pan-African activist Kemi Seba arrested in South Africa
Africanews EN • 16 Apr 2026, 08:34
Seba, who is wanted by Cotonou for 'inciting rebellion', has been remanded in custody as extradition processes get underway.
Ukraine: Deadly Russian strikes on Kyiv, Odesa and Dnipro leave 12 dead
Africanews EN • 16 Apr 2026, 08:22
Ukraine: Deadly Russian strikes on Kyiv, Odesa and Dnipro leave 12 dead
Africanews EN • 16 Apr 2026, 08:22
Russian strikes on Kyiv, Odesa and Dnipro killed at least 12 people, including a child, as fighting and failed ceasefire efforts drag on in mid-April.
Dangote Sugar shareholders approve N500bn Rights Issue for strategic expansion
Vanguard Nigeria • 16 Apr 2026, 08:18
Dangote Sugar shareholders approve N500bn Rights Issue for strategic expansion
Vanguard Nigeria • 16 Apr 2026, 08:18
By Udeme Akpan Dangote Sugar Refinery Plc has received shareholders’ approval for a N500 billion Rights Issue, thus positioning the company to strengthen its financial standing, expand capital base, accelerate strategic initiatives, and aid its backward integration projects. The approval was given at the company’s 20th Annual General Meeting held yesterday in Lagos during which […] The post Dangote Sugar shareholders approve N500bn Rights Issue for strategic expansion appeared first on Vanguard News.
NGX, BoI set to deepen SME financing drive
Vanguard Nigeria • 16 Apr 2026, 08:07
NGX, BoI set to deepen SME financing drive
Vanguard Nigeria • 16 Apr 2026, 08:07
By Peter Egwuatu Nigerian Exchange Limited (NGX) and Bank of Industry (BoI) have reinforced efforts to integrate Small and Medium-sized enterprises (SMEs) into Nigeria’s formal capital market as part of a broader national engagement drive at a workshop held in Kano yesterday. This follows the inaugural edition held in Lagos last year, signalling a more structured […] The post NGX, BoI set to deepen SME financing drive appeared first on Vanguard News.
NDIC commences process to conclude the liquidation of 89 MFBs, PMB
Vanguard Nigeria • 16 Apr 2026, 07:46
NDIC commences process to conclude the liquidation of 89 MFBs, PMB
Vanguard Nigeria • 16 Apr 2026, 07:46
By Babajide Komolafe The Nigeria Deposit Insurance Corporation, NDIC, has commenced moves to formally conclude the liquidation of 89 defunct Microfinance Banks, MFBs, and Primary Mortgage Banks, PMBs, whose operations were successfully transferred to new owners under its Purchase and Assumption, P&A, framework. In a statement signed by its Head of Communication and Public Affairs, Hawwau […] The post NDIC commences process to conclude the liquidation of 89 MFBs, PMB appeared first on Vanguard News.
Nigeria’s daily oil production rises 4.2% to 1.54mbpd — NUPRC
Vanguard Nigeria • 16 Apr 2026, 07:36
Nigeria’s daily oil production rises 4.2% to 1.54mbpd — NUPRC
Vanguard Nigeria • 16 Apr 2026, 07:36
By Obas Esiedesa The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said that Nigeria’s oil production rose by 4.2 per cent to 1.546 million barrels per day (mbpd) in March 2026, compared to 1.483 mbpd recorded in February. In its oil production status report released yesterday, the Commission said crude oil production (excluding condensate) increased by […] The post Nigeria’s daily oil production rises 4.2% to 1.54mbpd — NUPRC appeared first on Vanguard News.
Bird strikes hit United Nigeria Airlines again, two aircraft grounded in 24 hours
Premium Times Nigeria • 16 Apr 2026, 07:27
Bird strikes hit United Nigeria Airlines again, two aircraft grounded in 24 hours
Premium Times Nigeria • 16 Apr 2026, 07:27
Back-to-back incidents within two days have intensified concerns over recurring bird strike risks and airport wildlife control. The post Bird strikes hit United Nigeria Airlines again, two aircraft grounded in 24 hours appeared first on Premium Times Nigeria.
Middle East Crisis: IMF plans $50bn lifeline for Nigeria, others
Vanguard Nigeria • 16 Apr 2026, 07:22
Middle East Crisis: IMF plans $50bn lifeline for Nigeria, others
Vanguard Nigeria • 16 Apr 2026, 07:22
*Urges prudent use of oil windfall to rebuild buffers By Babajide Komolafe, Economy Editor The International Monetary Fund, IMF, has indicated plans to provide up to $50 billion in financial support to Nigeria and other countries affected by the biting impact of the ongoing Middle East crisis. Managing Director of the IMF, Kristalina Georgieva, disclosed this […] The post Middle East Crisis: IMF plans $50bn lifeline for Nigeria, others appeared first on Vanguard News.