U.S. stock indexes sailed higher in the wake of their global counterparts and the dollar wobbled on Thursday after the Federal Reserve started a long-awaited interest...
The Central Bank of Nigeria (CBN) is to reintroduce cybersecurity levy on electronic transactions. The apex bank disclosed this in its Monetary, Credit, Foreign Trade, and Exchange...
Nigeria Extractive Industries Transparency Initiative (NEITI) has said in its latest Quarterly Report that the Federation Accounts Allocation Committee (FAAC) disbursed N3.473 trillion to the three...
The House of Representatives has asked Guaranty Trust Bank (GTB) to remit value-added tax on the commission received from Remita between 2015 and 2022 to the...
Commissioner for Insurance/Chief Executive Officer National Insurance Commission Olusegun Ayo Omosehin, FIIN has said that “in order to meet the target of market expansion and growth...
Africa Finance Corporation AFC, the continent’s leading infrastructure solutions provider, has announced the issuance of an inaugural domestic dollar bond from the Federal Government of Nigeria...
Stakeholders unanimously called for concerted efforts towards adding value to non-oil export products by processing them into semi-finished and finished goods in order to unlock significant...
Nigeria, Bangladesh and Pakistan have emerged as the top three largest debtor to World Bank’s International Development Association (IDA) as of June 30, 2024. Nigeria is...
Debt Management Office (DMO) has issued two Federal Government savings bonds for subscription. The DMO announced the offer in a statement on Monday in Abuja. It...
Ecobank Uganda Limited has formed a strategic partnership with Ria Money Transfer, a renowned global leader in cross-border remittance services. This partnership will significantly improve remittance...
Zenith Bank Plc has announced its audited results for the half-year ended 30 June 2024, recording an impressive triple-digit growth of 117% in gross earnings from...
The federal government has said that it will intensify efforts that will ensure Nigeria’s removal from the black list of the Financial Action Task Force (FATF)...
Some customers of various banks have decried the financial institutions’ continuous arbitrary debit of their money. In separate interviews on Sunday in Abuja, the bank...
African Export-Import Bank has successfully arranged a senior $500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility...
African Development Bank-supported AfriCircular Innovators Programme has selected 30 small and medium enterprises to receive financing and technical assistance to scale up circular economy initiatives. This...