World Bank Group has said that global headwinds are slowing Africa’s economic growth as countries continue to contend with rising inflation, hindering progress on poverty reduction....
President Muhammadu Buhari will on Friday present the 2023 budget estimates to the joint session of the National Assembly by 10 am. This is contained in...
The Managing Director, Ecobank Nigeria, Bolaji Lawal has lauded the bank’s customers over their continued patronage and dedication to the brand, assuring that the bank will continue to meet...
The World Bank said it has approved a $750 million credit line for Nigeria to help the country’s 36 states push through reforms to attract investment...
Stock market closed on a bearish note as the NGX- ASI dipped 0.4% to 48,964.83 points, dragged by losses in NESTLE (-10.0%), GTCO (- 1.1%), and...
African Export-Import Bank (Afreximbank) said it has launched its Trade Payment Services – or “AfPAY” – an intervention designed to facilitate the settlement of international trade...
The Federal Competition and Consumer Protection Commission (FCCPC) says it has recorded significant reduction in the number of consumer complaints regarding illegal digital money lending activities....
By Agustin Carsten, Jon Frost and Hyun Song Shin When people or companies make a payment, they are trusting in two things: the money itself and...
Today, gains in BUACEMENT (+3.0%), ARDOVA (+7.4%), and STERLNBANK (+2.0%) aided a marginal uptick in the NGX-ASI to 49,171.70 from 49,161.45 points. Nevertheless, YTD return stood...
Central Bank of Nigeria Monetary Policy Committee has raised the base interest rate, Monetary Policy Rate from 14 per cent to 15.5 per cent to help...
The Senate on Tuesday at plenary, passed for second reading, a bill to amend the Central Bank of Nigeria Act. Leading debate on the general principles...
The domestic market resumed trading activities on a positive note today as gains in BUACEMENT (+5.4%), UBN (+7.3%), and GTCO (+1.9%) lifted the benchmark index by...
Pension contributors in active employment can now pay for equity contribution for mortgage from the balance of their Retirement Savings Accounts, RSA . PenCom, in a...
Ambassador of the People’s Republic of China to Nigeria Mr Cui Jianchun, says his country has no intention of taking over Nigeria’s critical assets as repayment...
The Independent Corrupt Practices and other Related Offences Commission has raised alarm in Abuja about diversion of public funds. ICPC Chairman, Prof. Bolaji Owasannaye, raised the...