African e-commerce firm Jumia Technologies said on Thursday that cost savings had helped it reduce fourth quarter losses by 30% from a year earlier, with a...
Banks have started payment of both old and new Naira notes along with other lower denomination of the Naira currency. Most banks in the early hours...
The United States on Thursday signed an agreement with Nigeria for the repatriation of $954,807.40 of the looted assets recovered from the former Governor of Bayelsa...
The Supreme Court has adjourned, until Wednesday February 22, the suit filed by Kaduna, Kogi, and Zamfara states seeking to stop the February 10 deadline of...
The competitive threat of financial technology companies to big banks diminished over the past year as rising interest rates constricted funding, a new report from Moody’s...
Today, activity on the Lagos bourse was somewhat flattish as the benchmark index managed to eke out a meagre 2bps gain to close at 54,507.66 points....
Nigerian equities extended the bullish run as the benchmark index gained 0.24% to settle at 54,496.31 points. Gains in MTNN (+1.49%), WAPCO (+0.77%) and ACCESSCORP (+1.09%), were...
Nigerian President Muhammadu Buhari has directed the central bank of Nigeria CBN, to increase the amount of foreign currency allocated to Dubai’s Emirates, after the airline...
As the Naira scarcity persists in the country, most banks shut their doors against customers in several parts of the country. The few that opened did...
The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Monday, February 13, 2023, arraigned an actress, Oluwadarasimi Omoseyin, before Justice Chukwujekwu Aneke...
State Governors under the aegis of the Nigeria Governors’ Forum, NGF has directed directed their Attorneys General to review the suit at the Supreme Court with...
Central Bank of Nigeria (CBN) has has said that the Governor, Mr. Godwin Emefiele, that the current challenge in the distribution of the newly redesigned Naira...
Domestic Equities Market, Bullish momentum persist… ASI up 0.2% w/w The domestic market closed the week on a positive note as the All-Share index gained 0.2%...
In the last trading session of the week, the domestic bourse reversed some of the week’s gains, bringing the All-Share Index down by 6bps to close at...
Britain’s financial regulator is investigating Barclays PLC for suspected failings in its compliance and anti-money laundering systems, the Financial Times reported on Friday. The Financial Conduct...