With Africa’s total debt hitting $1.2 trillion, Afreximbank has said that governments on the continent must embrace fiscal discipline, noting that from 2027, citizens will begin to see a significant r...
Shell has wrapped up the $2.4 billion sale of its main Nigerian onshore business to a consortium of largely indigenous companies after securing all the regulatory green lights. In January 2024, the Re...
The Central Bank of Nigeria (CBN) Inflation Expectations Survey (IES) for February 2025 was carried out from the NBS establishment frame aand the NPC National list of Enumeration Area (EAs) among sele...
The Central Bank of Nigeria (CBN) has raised concerns over the increasing trend of illicit transactions involving banknotes, warning that the practice threatens the stability of the financial system. ...
Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, disclosed this at the stakeholder’s event on digital connectivity jointly organised by Nigeria, the United Kingdom and the ...
Olayemi Cardoso, the CBN governor, spoke at the bank’s security workshop held in Abuja on Thursday. The event was attended by security and law enforcement agencies. Speaking at the event, Cardoso said...
The formal disclosure was made by Mrs. Edith Onwuchekwa, Director, Legal/Company Secretary in line with the policy of the exchanges on insider dealing. The disclosure made in a communication to the NG...
Nigerian consumer goods firms are grappling with soaring finance costs which surged by 56 percent in 2024, as the central bank’s interest rate hikes push borrowing expenses to multi-year highs. Analys...
The milestone was announced during the official launch of the Lagos Economic Development Update (LEDU) 2025 on Wednesday, according to a social media post by Sanwo-Olu. PPPs are used to determine pric...
Access Bank, Nigeria’s biggest bank by assets, is in advanced stages of completing its acquisition of the KCB Group-owned National Bank of Kenya (NBK), five months after the deal was expected to ...
