FirstBank Nigeria Ltd. has signed a Memorandum of Understanding (MoU) with the Small and Medium Enterprises Development Agency of Nigeria(SMEDAN) to develop and promote MSMEs. Dr...
The World Bank has said that for successful subsidy reform to take place, governments must compensate the most vulnerable groups through social assistance programs, like cash...
National Bureau of Statistics NBS, has said that Nigeria’s inflation rate rose to 22.41 per cent in May 2023, marking the fifth consecutive increase. Despite monetary...
The International Monetary Fund IMF, has said that reforms are urgently needed to resolve the energy crisis and tackle structural unemployment in South Africa. It said...
Central Bank of Nigeria has abolished the multiple exchange rates in the Nigerian foreign exchange market. In a circular to all banks and authorised dealers the...
Extending the bullish run for second consecutive session, Nigerian equities posted strong gains as the benchmark Index ended 3.13% stronger to settle at 59,985.10 points. Sustained demands...
Indication has emerged that the Central Bank of Nigeria (CBN) has given commercial banks and dealers in the forex market the green light to sell forex...
A Federal High Court in Abuja has ordered the Central Bank of Nigeria (CBN) to pay Media Rights Agenda (MRA) N1million as damages for wrongful denial...
KloverHarris Limited, says it is poised to continuously innovate and deliver its cutting-edge business solutions to clients for the attainment of set goals, improved productivity and...
Federal government revenue from company income tax declined by 37.79% in Q1 2023, falling from N753.88 billion to N469.01 billion. Local payments accounted for N300.78 billion,...
After its sharpest flurry of interest rate hikes in four decades, the Federal Reserve held its key rate steady Wednesday but signalled two more increases are...
The Federal Government has issued licences to the NNPCL Exploration and Production Ltd. and Belema Sweet Export Terminal Ltd for establishment of crude export terminals. The...
The Chief of Naval Staff (CNS), Vice Admiral Awwal Zubairu Gambo, CFR has approved the appointment of Rear Admiral PE Effah as the new Co-Chair of...
Opening the week, the local bourse rebounded by 3.99% to settle at 58,163.55 points. Investor interest in telco heavyweights, AIRTELAFRI (+7.78%), MTNN (+3.60%), ZENITHBANK (+10.00%), GTCO (10.00%) and STANBIC (+9.33%) were...
The Edo State Governor, Mr. Godwin Obaseki, on Tuesday, inaugurated 15 commissioners as members of the Edo State Executive Council (EXCO), charging them to sustain efforts...