Fidelity Bank Plc, a tier-2 Nigerian commercial bank, has dropped out of the elite ₦1 trillion market capitalisation club, following a sharp decline in its share price triggered by a Supreme Court rul...
Despite the challenges, the Monetary Policy Committee held the MPR steady at 27.5 per cent, with Governor Yemi Cardoso attributing the naira’s resilience and balance of payments surplus to timely refo...
The Chinese Ambassador to Nigeria, Yu Dunhai, has harped on the imperative of enhanced collaboration between China and Nigeria in unlocking the potential of Nigeria’s Solid Minerals sector through the...
CBN TO HOLD MPC MEETING MAY 19 The Central Bank of Nigeria (CBN) is set to hold its monetary policy committee (MPC) meeting this week. The CBN said its 300th MPC meeting will be held on May 19 and 20 ...
The federal government has called on all lessors and leasing companies operating in Nigeria’s equipment leasing sector to undertake the compulsory registration of lease agreements, warning that failur...
Wall Street titan Jamie Dimon said Thursday that a recession is still a serious possibility for the United States, even after the recent rollback of tariffs on China. “If there’s a recession, I don’t ...
Cascador, a Lagos-based accelerator programme for mid-stage Nigerian entrepreneurs, has awarded over $3m in debt funding facilities to nine local startups to support their operations and reposition th...
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Pension Transitional Arrangement Directorate (PTAD) have agreed to sign a Memorandum of Understanding (MoU) to fi...
NBS announced the increase in its consumer price index (CPI) on Thursday. According to the bureau, the movement for April 2025 “headline inflation rate showed a decrease of 0.52% compared to the March...
The African Development Bank and the Islamic Development Bank are pooling a $610m joint initiative to combat climate-driven fragility and bolster resilience in Africa’s most vulnerable regions, partic...
