Russia’s largest lender Sberbank is quitting almost all European markets, blaming big cash outflows and threats to its staff and property following Russia’s invasion of Ukraine...
Nestlé Nigeria Plc posted a revenue of N 351.8 billion recording 22.6% growth over the previous year. Gross profit for the year stood at N 132.4...
After four consecutive positive sessions, the domestic bourse took a breather as WAPCO (-7.7%), DANGSUGAR (-7.7%), and INTBREW (-9.7%) pulled the index lower. Consequently, the NGX...
Justice Taiwo Taiwo of the Abuja division of the Federal High Court has ordered CBN to pay the sum of N82 billion judgement debt to oil-producing...
The World Bank has said that around 2.4 billion women of working age are not afforded equal economic opportunity and 178 countries maintain legal barriers that...
(Reuters) – The cost of raising U.S. dollar funds in the euro swaps market rose sharply on Monday after Western nations ramped up sanctions against Russia...
Central Bank of Nigeria has released its payment of N35 per dollar repatriated by exporter under its RT200 scheme. The scheme is to encourage exporters to...
The Russian central bank, which raised its key rate to 20% in an emergency move, did not carry out foreign currency interventions on Monday due to...
The National Pension Commission stated that 1,526 organizations had remitted a total sum of N4,047,499,080.64 into the Retirement Savings Accounts of their employees totalling 15,603. This...
Today, the domestic bourse commenced the week on a positive note, buoyed by gains in WAPCO (+2.5%), ETI (+5.3%), and ZENITH (+0.6%). Accordingly, the NGX-ASI rose...
The invasion of Ukraine by Russia began last week after months of military build-up and diplomatic activity: diplomacy failed. What are the implications for Nigeria’s financial...
The United States, Britain and European Union leaders are targeting Russian banks as part of a new package of sanctions following Moscow’s invasion of Ukraine. Here...
The Department of Justice United States gave bitcoin investors an unexpected assist earlier this month. On February 8, the DOJ said that it had seized more...
Prima Corporation Limited’s is offering N5billion Series 2 Commercial Paperfrom the companies N30billion Commercial paper programme to the investing public. The offer is now open and...
Company Income Tax (CIT) recorded N124.71 billion decline from N472.52 billion in quarter three, 2021 to N347.81 billion in quarter four, the National Bureau of Statistics...