The U.S. government ran a record budget deficit of $3.1 trillion in the fiscal year that ended in September. The massive deficit reflected the government’s effort...
Governors and Finance Ministers, who are the board members of the International Monetary Fund IMF, and World Bank Group have urged the two multilateral institution to...
By Oluwafemi Anthony Many years ago, the firewall was everything. Defence-in depth was a concept defined as layered defence with multiple firewalls on the path. Behind...
Ecobank Nigeria has said that it is providing financial services and remittance solutions designed to support and enhance the lifestyles of Nigerians in the diaspora, ensuring...
Federation Account Allocation committee has distributed the sum of N639.9 billion to the three tiers of government. For the Month of September, 2020, the Federal Government,...
The domestic equities market closed today’s trading session flat as the benchmark index stood at 28,344.04 points while market capitalisation and YTD return remained unchanged at ₦14.8tn and 5.6%...
U.S. payments company Stripe has bought Nigerian fintech startup Paystack to expand into the fast-growing online market in Africa, the companies said on Thursday. The acquisition,...
Federal Legislators have opened debate on the 2021 Appropriation bill of N13.08 trillion with the view to passing it for second reading. President Muhammadu Buhari had...
The stock market closed today’s trading session flat as the benchmark index stood at 28,344.34 points while market capitalisation and YTD return remain unchanged at ₦14.8tn and 5.6% respectively....
African Development Bank (AfDB) has said that it has appointed Ms. Yacine Fal as the DG, Cabinet Office of the President with effect from November 1,...
World Bank has said that the debt burden of Less Developed Countries has continued to climb to a record $744 billion before COVID-19. In a report...
The equities market opened the week negative as the All-Share Index lost 0.3% due to sell-offs in MTNN (-0.4%), BUACEMENT (-1.5%) and FLOURMILL (-4.5%) to close at 28,337.49...
Last week, interest in the local equities market remained strong. Investors were attracted by the currently low market valuation amidst the continued low yield environment in...
Nigeria will avoid issuing Eurobonds due to their expense, Vice President Yemi Osinbajo said, and will look at alternative ways to raise funds to support the...
The value of shares at the Nigerian Stock market dipped further as bears maintained dominance with market capitalisation declining further by N68 billion. Specifically, the market...