The Federal Mortgage Bank of Nigeria (FMBN) has disbursed N226. 6 billion as loan through the National Housing Fund (NHF) in an effort to address the...
The selloffs in NESTLE (-10.0%), UNILEVER (-7.7%) and ZENITH (-0.8%) has dragged the All Share Index (ASI) 84bps lower to settle at 27,085.69 points. YTD loss worsened to -13.8...
Access Bank Plc has unveiled a cash incentive campaign tagged: “DiamondXtra Independence Splash” in commemoration of the country’s 59 years independence. Mr Victor Etuokwu, the bank’s...
Central Bank of Nigeria has increased its target for lending by commercial banks for the second time in three months, to help boost growth. Banks that...
The World Bank has appointed Mr Shubham Chaudhuri as the new Country Director for Nigeria, succeeding Mr Rachid Benmessaoud who completed his term recently. A statement...
The African Development Bank (AfDB) has commended Nigerians for their resilience and entrepreneurial skills in the 59 years of the country’s existence. A statement issued by...
Total external debt of low- and middle-income countries climbed 5.3 percent to $7.8 trillion last year, while net debt flows, gross disbursements minus principal payments, from...
The Nigerian Equities Market recorded a negative performance with the ASI losing 114bps to settle at 27,314.87 points due to price depreciation in GUARANTY (-7.5%), NIGERIAN BREWERIES (-6.7%) and ETI (-9.9%). As a...
President Muhammadu Buhari in his 2019 Independence anniversary speech said the federal government in the next three months will invest N600 billion in priority capital projects...
To boost the creative sector’s contribution to the Gross Domestic Product (GDP), the Central Bank of Nigeria (CBN) has expressed plans for development of creative industries...
The domestic equities market closed in the red as the ASI shed 16bps to settle at 27,630.56 points due to price depreciation in MTNN (-4.0%), ETI (-9.6%) and UNILEVER (-8.0%)....
(Reuters/NAN) Britain’s Civil Aviation Authority (CAA) said more than 70 flights were scheduled for Thursday to bring back 16,000 people to the country following the collapse...
It was a night filled with magnificence and splendor as music lovers and fun seekers were treated to topnotch entertainment at the Zenith Bank Aspire Music...
GTbank has said that industry leaders, style connoisseurs and fashion enthusiasts from across the globe that will converge in Lagos, Nigeria for the 4th edition of the...
The Board of International Monetary Fund (IMF) has selected Kristalina Georgieva to succeed Christine Lagarde. She will Preside over the IMF/World Bank Annual Meetings in Washington...