Tunisia plans bn airport expansion to boost tourism

Tunisia plans $1bn airport expansion to boost tourism

By Joe Udo TUNIS (CONVERSEER) – Tunisia has announced plans to significantly expand its main international airport in a project estimated to cost about $1 billion, as authorities seek to strengthen the country’s tourism-driven economy. According to the country’s transport ministry, the proposed development will quadruple the airport’s passenger handling capacity as part of broader…

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A’Ibom Targets Fishing Cooperatives to Unlock N31bn Fund for Women in A’Ibom

A’Ibom Targets Fishing Cooperatives to Unlock N31bn Fund for Women in A’Ibom

Deputy Governor, Senator Akon Eyakenyi speaking at the ceremony. By Ekaette Okon-Joseph The Akwa Ibom State Government on Wednesday stepped up efforts to integrate women in fishing and fish processing into formal cooperatives, positioning Uruan’s vast aquatic economy as a launchpad for broader agricultural ecosystem development. Speaking at a women’s mobilisation and sensitisation programme in…

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CBN cuts interest rate to 26.5%, foreign reserves hit 13-year high

CBN cuts interest rate to 26.5%, foreign reserves hit 13-year high

By Our Reporter ABUJA (CONVERSEER) – Nigeria’s Central Bank started 2026 with a careful step, cutting the key interest rate to 26.5 per cent while keeping other measures like the Cash Reserve Ratio and liquidity steady – a sign of cautious steering of the financial system. Governor Olayemi Cardoso pointed to falling inflation, stronger banks,…

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Grey expands global business banking with new USD-based payment capabilities

Grey expands global business banking with new USD-based payment capabilities

New capabilities enable businesses to send and receive payments across 170+ countries faster and more affordably LAGOS (CONVERSEER) — Grey, a provider of cross-border payments solutions, has expanded its business banking offering to include USD business accounts, bulk payments, and USDC stablecoin support on a single platform. The expanded offering is designed to help businesses…

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Guinness spends N500bn on costs as inflation bites

Guinness spends N500bn on costs as inflation bites

By Joe Udo LAGOS (CONVERSEER) – Guinness Nigeria Plc spent a total of N500.33bn on operational costs during the eighteen-month period ended December 31, 2025, as inflationary pressures sharply raised the cost of goods and services across Nigeria. The operational expenditure amounted to 140.67 per cent of the company’s total revenue of N703.8bn recorded during…

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