Bureau De Change (BDC) operators have attributed the recent crash of the naira in the foreign exchange market to the huge demand for forex due to...
The Central Bank of Nigeria (CBN) pulled out N1.68 trillion out of circulation through opem market operation; by selling OMO bills to local deposit money banks...
A Federal High Court sitting in Lagos has ordered the final forfeiture of another $1.4 million linked to a former Governor of the Central Bank of...
N Seven, the new single largest shareholder of Guinness Nigeria Plc, has offered to take out minority interest at N81.60. The move followed its successful acquisition...
Wema Bank says it aims to stimulate entrepreneurship further, attract investment, and accelerate Nigeria’s economic development by fostering a thriving technology ecosystem that complements the creative...
Central Bank of Nigeria (CBN), released the results of Wednesday Treasury Bills (T-Bills) auction conducted on March 5, 2025. The auction, which offered N650 billion, saw...
To bridge the gender financing gap for Africa’s women entrepreneurs, Ecobank, said that it has introduced significant enhancements to its multi-award-winning gender-financing solution – ‘Ellevate by...
Central Bank of Nigeria (CBN) has reaffirmed its commitment to maintaining a transparent and resilient financial system by reinforcing regulatory compliance and risk management across Nigerian...
By A.Ezekiel In a world where approximately 20% of new businesses fail within the first two years, 45% within five years, 65% within ten years, and...
Naira rose against the US dollar in the foreign exchange (FX) market to settle at N1,499 in the official window on Wednesday. The local currency rallied...
The debt crisis facing the world’s poorest economies is reaching new highs and debt servicing is eating up a growing share of revenues at the expense...
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the Bank’s dedication to enhancing economic cooperation between Nigeria and the Kingdom of...
Britain’s competition regulator has fined Citi and Royal Bank of Canada a combined 104.5 million pounds ($132.4 million) for exchanging sensitive information about UK government bonds....
International Monetary Fund IMF has said that global foreign direct investment grew again in 2023 after declining the previous year. Inward direct investment climbed $1.75 trillion,...
Central Bank of Nigeria Monetary Policy Committee has left its benchmark interest rate unchanged after six hikes last year, saying that it was reassured by stability...