First Bank of Nigeria has informed its customers that the Personal Travel Allowance (PTA) and Business Travel Allowance (BTA) will…
Browsing: Business Matters
Covers latest business tips, economy gist, financial reports etc.
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.…
Information and Communications Technology (ICT) contributed 18.44% to Nigeria’s real Gross Domestic Product (GDP) in the second quarter of 2022. This…
Nigeria’s high inflation would further reduce the value of the Naira as imported products become more expensive. This was revealed…
Nigeria attracted a sum of $1.54 billion as capital inflows in the second quarter of 2022, an increase of 75.34%…
Nigeria’s external reserves fell by 3.6% in August 2022, to $39.024 billion, down from $40.520 billion on December 31, 2021.…
The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 0.66% to close…
The combined market capitalization of stocks worth over one trillion (SWOOTs) appreciated by 1.30% to close at N19.75 trillion from…
Investors of Seplat Energy Plc recorded a loss of about N70.56 billion from trading in the shares of the company…
Access Holdings Plc has announced that its subsidiary, Access Bank Plc has completed the divestment of its entire equity interest…