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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...
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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...
Join us as we present you with Indian live updates and insights on the Union Budget announcement by Finance Minister Nirmala Sitharaman, expected in...
A recent study reveals the significant economic impact of the Reno Air Races on the local economy. The annual event, a highlight for aviation...
Travelstart Nigeria, a leading online travel agency in Africa, and GIG Mobility (GIGM), a top provider of tech-powered intercity mobility services in West Africa,...
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 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...
In today’s interconnected world, where goods and services flow across borders seamlessly, currency exchange rates play a crucial role in shaping everyday life. Whether...
First Bank of Nigeria Holding Plc (FBN Holdings), the parent company of First Bank of Nigeria Limited, has announced the appointment of Olusegun Alebiosu...
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.
With the buyback, Dangote Cement has 17.0 billion shares outstanding, and said it will buy 82.5 million shares over in two tranches.
The transaction occurred in one tranche on the 8th of January, 2021.
With the prospects of a widening current account deficit in the country, Jolomi Odonghanro, Head of Research & Strategy, Cordros Securities, said the ability...
Managing Director of Aero Mainstream Cargo Services, Ajibade Adewale, explained that the unstable exchange rate, especially for aviation stakeholders, has been a clog in...
In terms of voice subscriptions, telcos in Nigeria increased their customer base by over 9 million in Q3 2020 compared to the previous quarter.
The huge debt would be enough to capitalise two million micro-businesses in the country.
The exchange rate disparity between the parallel market and the official market widened again to N78.50, representing a 16.7% devaluation differential.