Nigeria’s total public debt rose to N28.62 trillion as of March, up 15% from a year earlier, the Debt Management Office (DMO) said on Friday. Africa’s...
Central Bank of Nigeria has debited N122 billion from Nigerian banks with excess cash before weakening the currency at a retail auction on Friday, in a...
Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says Federal Government has proposed N2.3 trillion to boost the mining and other sectors of the economy...
The Federal Government has approved 60 per cent debt forgiveness for all debtor broadcast stations in the country to cushion the effects of COVID-19 on the...
Access Bank through the W initiative, has empowered women, owned and managed SMEs by putting together an innovative bundle of offerings designed to support the more...
The equities market opened the week bearish as the All-Share Index lost 127bps due to sell-offs in BUACEMENT (-5.0%), NESTLE (-6.6%) and AIRTELAF (-3.5%) to close at 24,109.65 points. Consequently, market capitalisation declined to ₦12.5tn...
JPMorgan Chase & Co is eliminating terms like “blacklist,” “master” and “slave” from its internal technology materials and code as it seeks to address racism within...
The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday dropped by 19.88 per cent, just as the market indices declined further. Specifically,...
The Government of Madagascar has received $2.13 million from the African Risk Capacity Insurance Company Limited (ARC Ltd) to cover anticipated losses to livelihoods of its...
Ecobank Nigeria has restated its unwavering commitment to support and sustain the development of Small and Medium Enterprises (SMEs) in all sectors including the Agriculture sector...
The All Progressives Congress APC has generated the sum of ₦258.27 million from the sale of nomination and expression of interest forms ahead of its July...
World Bank has said that Nigeria and Ghana have remained in the lower middle income countries classification while Benin, Tanzania and Algeria have joined the Lower...
The All-Share Index lost 90bps following price declines in GUARANTY (-5.3%), ZENITH (-5.7%) and UBN (-9.3%) to close at 24,374.40 points. Consequently, market capitalisation declined ₦115.1bn to ₦12.7tn while YTD loss worsened to -9.2%. Activity...
Buying interest in BUACEMENT (+8.5%), WAPCO (+5.0%) and STERLING (+9.6%) pushed the benchmark index up by 47bps to close at 24,595.05 points. As a result, YTD loss eased to -8.4% while market capitalisation appreciated...
By Omoh Gabriel Zenith Bank PLC has come top of Nigeria banks ranked by the Banker Magazine in its 2020 Top 1000 World Banks ranking. While...