Debt in emerging and developing economies (EMDEs) climbed to a record $55 trillion in 2018, marking an eight-year surge that has been the largest, fastest, and...
The 2019 Nigeria banking industry customer experience survey report recently published by KPMG Nigeria showed that Ecobank Nigeria recorded significant improvement in the SME segment of...
Sell-offs in MTNN (-2.4%), ACCESS (-1.0%) and UBA (-0.7%) dragged the All-Share Index 30bps lower to close at 26,584.45 points. Investors lost N53.0bn as market capitalisation declined to N12.8tn and...
MTN’s mobile money service will go live in January in South Africa, allowing customers to send, receive, save money and pay for goods using their mobile...
The domestic bourse posted a slight gain today as the benchmark index appreciated 2bps to settle at 26,665.73 points following price appreciation in STANBIC (+2.5%), UNITY (+4.6%) and...
The Central Bank of Nigeria (CBN) has invested N69 billion into Edo State Oil Palm Programme The apex bank’s governor, Godwin Emefiele, at the launch of...
Lagos State attracted the largest foreign investment inflow in the 2019 with a total of $14.16 billion of the $21.14 billion investment inflow into the country....
The Board of Directors of the African Development Bank has approved a grant of five million dollars to enable the Tony Elumelu Foundation Entrepreneurship Programme to...
President Muhammadu Buhari has signed the 2020 budget into law. The President Abuja signed the 2020 appropriation bill of N10,594,362,364,830 into law in Abuja. The budget...
The Edo State Government, in preparation for the commencement of the Contributory Pension Scheme at the Local Government Area level, will be organising a sensitisation workshop...
The Nigerian Stock Exchange (NSE) crucial market indices opened trading for the week following price appreciation in DANGCEM (+1.4%), ACCESS (+4.3%) and UBA (+6.1%). Market capitalisation grew by N76.7...
May & Baker Nigeria Plc says the pharmaceutical sector needs a bail out of N500 billion to play actively in African Continental Free Trade Area (AfCFTA)...
The African Export-Import Bank (Afreximbank) and the Government of Cameroon have signed the two principal documents finalising the protocol toward the take-off of Afreximbank’s Central Africa...
The World Bank has said that $53billion out of the $82 billion pledged by global development partners to fight poverty is for Africa. Nigeria being one...
In line with its customer-centric and strategic expansion programme which aims at making its excellent services accessible to more individuals and businesses, First City Monument Bank...