The National Bureau of Statistics (NBS) published CPI data for August which showed that prices facing the average Nigerian climbed…
Browsing: Business Matters
Covers latest business tips, economy gist, financial reports etc.
The president of the African Development Bank (AfDB), Akinwumi Adesina, has said Nigeria needs help from international institutions in tackling its…
President Muhammadu Buhari has stated that the Nigerian economy is ripe for increased investment, hinting that private capital flows into…
The Federation Account Allocation Committee (FAAC) shared a total sum of N673.137 billion in August 2022 from the Federation Account…
President Muhammadu Buhari has inaugurated the Nigeria Integrated National Financing Framework Report on Sustainable Development (NIFF). The report was launched…
The Nigerian equities market closed bearish during the week as the All-Share Index declined by 0.44% in the week ended…
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 3.05% to…
The Central Bank of Nigeria sold $4.86 billion worth of foreign exchange to authorities dealers in the first quarter of…
First Bank of Nigeria has informed its customers that the Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) will…
The exchange rate between the naira and the US dollar stood at N706/$1 on Monday, 12th September 2022 morning, a…
Nigerian banks‘ borrowings from the Central Bank of Nigeria’s Standing Lending Facility (SLF) increased to N737.05 billion in May 2022,…
The World Bank, the Global Energy Alliance for People and Planet (GEAPP), and the African Development Bank (AfDB) were just…
Nigeria recorded a total foreign trade of N12.84 trillion in the second quarter of 2022, representing a 32.2% increase compared…
Nigeria’s Net Foreign Assets (NFA) dropped to N4.8 trillion in July 2022 the largest month-on-month drop since 2019 and the…
HabariPay, the fintech subsidiary of Guaranty Trust Holding Co Plc, recorded N447.8 million revenue in the first six months 2022.…
Since the Nigerian Bureau of Statistics (NBS) started tracking the real estate and construction sector in Nigeria, we have seen…
The naira fell to a record low of N436/$1 at the official Investors and Exporters window, representing a 0.29% depreciation…
A bleak economic outlook and the most recent surge in the value of the US dollar have caused the pound…
Activities on the Nigerian Exchange Limited (NGX) sustained a southward trajectory following losses recorded by blue chip firms. Checks by…
The Finance and Insurance sector grew at 29.90% as a whole in nominal terms year-on-year in the second quarter of 2022.…