Current Issues
The Democratic Republic of Congo’s central bank, Banque Centrale du Congo, is not making life easy for Kenya's Equity Group Holdings (EGH).
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The Federal Government of Nigeria recently announced a $3.5 billion agreement with the African Export-Import Bank (Afreximbank). This deal aims to enhance the textile...
Nigeria’s mining sector holds great potential. It has a wealth of mineral resources and human capital but needs help with significant challenges. From the...
Tinubu Mourns Long-Reigning Traditional Ruler in Kaduna President Bola Tinubu expressed deep sorrow over the death of Dr. Tagwai Sambo, the Chief of Moroa....
Guaranty Trust Holding Company Plc (GTCO), Africa’s leading financial services institution, has been named Nigeria’s strongest brand and Best Banking Brand by Brand Finance...
On May 21, 2024, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) concluded its 295th meeting with a pivotal decision:...
The Democratic Republic of Congo’s central bank, Banque Centrale du Congo, is not making life easy for Kenya's Equity Group Holdings (EGH).
Sudanese billionaire businessman and philanthropist Mo Ibrahim voiced “shock and sadness” at the spectacle of the Global South being excluded from the mass Covid-19...
The two heads of state met face-to-face on January 19 to discuss the partial reopening of the border between Benin and Nigeria.
The Nigerian billionaire acquired from Shell, Total and ENI the ownership of 45% of a producing oil block in the Niger Delta. With the...
Out of the 2020 budget deficit of N6.1 trillion, N2 trillion was sourced from domestic borrowing, and another N12 trillion from foreign borrowing. The...
FIRS chairman, Muhammad Nami, expressed worries that many rich multinational corporations did not pay the right taxes due to them.
The review indicates that oil demand globally shows a curbed recovery over the next few years following the Covid-19 induced demand slump.
The act exempts official bank accounts owned by the federal government, state government or local governments or any of their ministries, departments or agencies.
Nigeria also owes five countries (China, France, Japan, India and Germany) $4.07 million; accounting for 12.74 percent of the nation’s external debt.
The break down of the Public Debt Stock showed that 37.82% was External, while the balance of 62.18% was Domestic.