The Central Bank of Nigeria (CBN) has distance itself from Azimo and Transfer wise warning that they are not registered or approved by it to do...
Nigeria’s inflation rate rose steadily to 14.89% (year-on-year) in November 2020, which is 0.66% points higher than the rate recorded in October 2020 (14.23%) according to...
The sum of $1.46 billion capital came into the Nigerian economy in the third quarter of 2020 (Q3 2020), as against $1.29 billion received in the...
Nigeria Sugar Development Council Executive Secretary Dr Latif Busari has said that the implementation of the Africa Continental Free Trade Agreement will not affect the Federal Government...
Eight Nigeria banks have been accredited to by Afrexim bank on its expanded trade finance initiative. The banks are Access, FCMB, Fidelity, First Bank, Sterling, Union...
Discussions around improving relations between Nigeria and the United Kingdom (UK) across different sectors especially in the post Brexit era is not only exciting but will...
Today, the equities market recorded gains due to buying interest in DANGCEM (+3.7%), ZENITH (+4.0%) and WAPCO (+7.1%) and as a result, the benchmark index appreciated 110bps to 34,225.22 points. Hence,...
The European Union has said that competition is the biggest block to Brexit deal. EU Commission President Ursula von der Leyen named competition as the biggest...
MUFG and African Export-Import Bank (Afreximbank) have closed a ground-breaking $520 million facility, the first to be covered by Nippon Export and Investment Insurance (NEXI). NEXI’s...
United States has donated maritime security equipment worth one hundred and eighty thousand dollars to the Nigerian Navy, to upgrade the anti-piracy and nautical security functions...
Alhaji Rabiu Bello has said that at a pump price of ₦167 per litre, Nigerians are currently overpaying for fuel, Bello, a former Chief Operating Officer/Group Executive...
Akwa Ibom state born Mr Effiong Okon Akwa has been appointed by President Muhammadu Buhari an interim administrator to oversee the affairs of the Niger Delta...
Last week, the domestic equities market performed negatively as investors took profit in DANGCEM (-10.7%), WAPCO (-10.7%) and ZENITH (-3.6%). Consequently, the NSE All-Share Index closed in the...
The African Export-Import Bank (Afreximbank) considers factoring as a viable alternative financing instrument for supporting Small and Medium-sized Enterprises (SMEs) at a time when traditional commercial...
Federal Airports Authority of Nigeria, FAAN, Managing Director, Captain Rabiu Yadudu has said that the new terminal at the Murtala Muhammed International Airport,MMA , Lagos, currently...