Africa is facing a severe financing squeeze that, on the back of a series of unprecedented shocks, is disrupting economic growth and endangering its long-term development,...
Ending the holiday shortened week, the Nigerian equities continued their losing streak as the All-Share Index closed 0.10% lower, to close at 51,893.94 points – the lowest...
Economic and Financial Crimes (EFCC) has arrested 11 suspected internet fraudsters in Jere and Maiduguri Local Government Areas of Borno. Its spokesperson, Wilson Uwujaren, said this...
The Lagos bourse ended mixed with a bearish tilt as the benchmark Index shed 0.02% to settle at 51,944.58 points. The loss puts the index on track for...
The IMF’s managing director on Wednesday called on the international community to support the world’s poorest countries by helping to close a funding gap facing the...
Warren Buffett said there’s a possibility that more U.S. banks could eventually fail, but he’s extremely confident that no depositors will lose the money they have...
Today, activity on the local bourse closed flat as the benchmark index settled at 51,953.41 points. Investors interest in DANGSUGAR (+1.47%), UBN (+0.71%) and TRANSCORP (+3.70%) was offset...
International Monetary Fund in its April 2023 economic out look has projected that Nigeria economy will which had a growth figure of 3.3 per cent in...
Opening the week, the bears continued to dominate the Lagos bourse as the benchmark index gave up 1.96% to close at 51,952.99 points. This loss marked the...
Arik Air management has barred Arumemi-Ikhide Chairman of the airline from gaining access to the airline premises. The management in apparent defiance of an existing court,...
U.S. Treasury Secretary Janet Yellen will push this week, at the IMF/World Bank Group Spring Meetings, for urgent resolution of requests by Zambia and Ghana for...
Bus54, an online bus booking platform in Nigeria, has partnered with Cornerstone Insurance Plc to provide protection to passangers while travelling. Ms Cordelia Ekeocha, Head, Marketing...
For the fourth consecutive session, the domestic bourse sustained the losing streak, bringing down the benchmark Index by 1.88% to close at 53,018.97 points, the lowest...
U.S. Treasury Secretary Janet Yellen has called for quicker action to resolve several outstanding sovereign debt restructuring cases and urged the International Monetary Fund to press...
FX Last week, the exchange rate at the Investors and Exporters Window (I&E Window) lost 0.01% to close at N461.38/US$1. Elsewhere, the foreign exchange (FX) reserves...