The world’s top two economies have edged closer to a trade war after Trump slapped more tariffs on all Chinese goods. China quickly retaliated imposing 10-15% tariffs on US farm products. “...
When MoMo PSB, MTN Nigeria’s fintech arm, lost 2.5 million active wallets in 2024— two years after its launch—CEO Karl Toriola claimed during an investors’ call the decline was part of a strategic shi...
This was disclosed in a Project Summary Note seen by Nairametrics on Wednesday, detailing the facility’s structure and expected impact on Nigeria’s trade ecosystem. According to the document, the fina...
The Governor of Lagos State, Babajide Sanwo-Olu, has presented a certificate of approval to FirstBank Group to commence construction of its eco-friendly headquarters in Eko Atlantic City. Sanwo-Olu ma...
In its latest report titled ‘African Debt Outlook: A Ray of Optimism,’ Afreximbank said the continent’s external debt levels remain elevated, primarily due to the limited development of domestic finan...
The Standards Partnership Programme, Phase II, which officially launched in June 2024 with support from the UK Foreign, Commonwealth & Development Office (FCDO) during the African Organisation for...
The appointments were said to have been made to bolster the apex bank’s operations in a number of policy-driven, regulatory and supervisory capacities. The directors are Jide-Samuel Avbasowamen, direc...
The IMF First Deputy Managing Director, Gita Gopinath, prescribed this when he met with the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, in his office in Abuja, Tuesday...
According to a statement, Bamidele, currently representing Ekiti Central, added that many of these legislative initiatives were already making a difference in the daily lives of the citizenry and coll...
The Nigerian National Petroleum Company Limited has reduced the pump prices of Premium Motor Spirit (petrol) sold at its stations to match that of the Dangote Petroleum Refinery. Our correspondents co...