Ghana’s central bank has delivered its biggest rate hike ever, a 300 basis point increase to 22%, at an emergency meeting to address the economy’s rapid...
German chancellor Olaf Scholz faces lawmakers’ questions this week over his role in tackling a multibillion-euro tax fraud as a sprawling probe into the scheme threatens...
In line with our projection yesterday, the local bourse closed on a bearish note following sell pressure on ZENITH (-0.5%), FBNH (-0.5%), and UBA (-0.7%). As...
The EFCC Chairman Mr. Abdulrasheed Bawa has said that the agency is making frantic effort to rid the foreign exchange market of speculators. Chief Executive Officer...
Minister of Finance Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed has said that states government have been paid N471.9 billion out of the...
The domestic market closed on a negative note today, following selloffs in PRESCO (- 10.0%), FBNH (-2.3%), and ACCESSCORP (-2.8%). As such, the benchmark index shed...
Senate Committee on Public Accounts looking into NSITF spending has been told that termites has eaten up N17.158 billion vouchers meant raised to unexplained expenditure. A...
Africa Fintech Foundry (AFF) says it is collaborating with the Central Bank of Nigeria (CBN) to support 10 startups, to increase the adoption of eNaira in...
The World Bank Group has said that it has mobilised $4.5 billion in additional financing for Ukraine under the Public Expenditures for Administrative Capacity Endurance in...
Today, the local bourse posted losses as selloffs in MTNN (-0.5%), STANBIC (-3.3%), and UBA (-2.8%) dragged the NGX-ASI lower by 0.1% to 50,014.60 points. Consequently,...
The Nigerian banking industry attracted $1.47 billion as capital inflows in the first half of 2022, an increase of 109.8% compared to $698.2 million received in...
African Export-Import Bank and the SADC Business Council (SADC BC) have launched the SADC – Africa Trade and Investment Marketplace which aims to promote regional trade,...
In line with our expectation, bargain hunting in DANGCEM (+10.0%), INTBREW (+5.0%), and ZENITH (+0.9%) pushed the benchmark index higher today by 1.5% to 50,075.47 points....
international monetary Fund has said that Central banks in major economies expected as recently as a few months ago that they could tighten monetary policy very...
The headquarters of Firstbank located at the Central Business District, Abuja, had been sealed up by the FCT High Court Enforcement Unit over failure to comply...