Nigeria’s Net Foreign Assets (NFA) dropped to N4.8 trillion in July 2022 the largest month-on-month drop since 2019 and the…
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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…
The Miners Association of Nigeria has called on the Nigerian Government to check the activities of Chinese miners “scavenging” for…
Bitcoin dug in following its Thursday climb back above the psychologically significant $20K level. After a month to forget in…
Flutterwave, Africa’s leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria…
The Speaker of the Ogun State House of Assembly, Olakunle Oluomo has been arrested by the Economic and Financial Crimes Commission. He was…
Nigerians spent over a billion dollars on beverages such as alcoholic and non-alcoholic drinks in the first half of 2022. …