Business Confidence on the Rise in Nigeria as Reforms Take Hold

Lagos, Nigeria – February 19, 2025 – Business confidence in the Nigerian economy is showing positive signs, fueled by ongoing federal government reforms. A recent Stanbic IBTC Purchasing Manager’s Index…

First City Monument Bank Empowers 30 Young Graduates Through Flexxtern Programme

First City Monument Bank (FCMB) has successfully empowered 30 young graduates through its innovative internship initiative, the Flexxtern programme. This initiative, designed to equip participants with practical skills and real-world…

“NAFDAC Destroys ₦43 Billion Worth of Substandard Drugs and Products in Ibadan”

The National Agency for Food and Drug Administration and Control (NAFDAC) destroyed substandard products worth ₦43 billion in Ibadan, Oyo State, on Thursday. These products, which included falsified drugs, medical…

CBN Maintains 5% Limit on Ways and Means Advances for 2024-2025

Abuja — The Central Bank of Nigeria (CBN) has reaffirmed its decision to maintain the Ways and Means Advances limit to the Federal Government at five percent for the fiscal…