In a strategic move, the Central Bank of Nigeria (CBN) has appointed new executive officials for Union Bank, Keystone Bank,…
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In a notable financial development, the 363-day Open Market Operations (OMO) bills witnessed substantial oversubscription, with demand exceeding the offering…
The surge in impaired loans within Nigerian banks is attributed to the repercussions of recent policy changes. This development underscores…
The outgoing French Ambassador suggests that Nigeria’s difficulties in meeting its oil contracts have been a contributing factor to the…
Lagos State has unveiled plans to establish three cocoa processing plants by the year 2025. This strategic initiative signals the…
In a significant financial development, Ghana has successfully finalized a debt restructuring deal with its creditors, amounting to $5.4 billion.…
The Budget Minister underscores the imperative for Nigeria to secure a minimum of $100 billion in investment, with a predominant…
The National Assembly has approved an additional allocation of N730 million to the dormant Ajaokuta Steel Company’s 2024 budget, earmarked…
In a significant diplomatic move, Shettima is set to depart for Switzerland to represent Nigeria at the World Economic Forum.…
First Bank of Nigeria (FBN) anticipates that government spending will be a key driver of economic growth, according to its…
As the world gears up for the World Economic Forum, a global banking watchdog has issued a cautionary message regarding…
The inflation rate in Nigeria experienced a notable increase, reaching 28.92% by December 2023. This figure reflects a substantial rise…
The Federal Government is set to launch an intervention program specifically designed for Large and Medium Scale Enterprises (LMEs). This…
At the conclusion of 2023, residents in urban areas of Nigeria are facing challenges associated with a higher inflation rate,…
In a message to the Nigerian populace, Tinubu expresses optimism, stating that the removal of subsidies positions the nation on…
Governor Sanwo-Olu has officially signed into law a budget of N2.267 trillion for the year 2024, with a notable allocation…
The Federal Inland Revenue Service (FIRS) has set an ambitious goal to boost tax revenue by 57%, targeting a total…
The Federal Government has outlined plans to put an end to estimated billing by the conclusion of 2024 and aims…
In a significant development, Shell has declared its intention to divest its Nigeria onshore oil business, with a deal valued…
The Federal Government’s initiative to implement a solar mini-grid is set to bring electricity to 1,300 households and businesses in…