As market halts 6-week downtrend The six-week losing streak in the market came to a halt at the end of trading activities last week, as...
Access Bank receives regulatory approval to acquire South African lender Access Bank says it has acquired regulatory approval for its proposed acquisition of Grobank Limited,...
Pantami lists 11 progress areas on 70% broadband target As the target to achieve at least 70 per cent broadband penetration in Nigeria remains...
ATCON envisages more than 10% broadband growth in 2021 Despite its recent declines as a result of ongoing audit of telecoms customer databases, broadband...
Nigerians to buy petrol for N234 per litre as NNPC get tired of N120bn monthly subsidy payment The Nigerian National Petroleum Corporation (NNPC) has...
Bulls stage comeback with N199bn gain on Dangcem, MTN, Stanbic, other stocks At the close of trading at the domestic equities market on Wednesday, the...
Ecobank Group’s profit crashes 57% to $174m in 2020 Ecobank Transnational Incorporated Group (ETI) has recorded significant decline in its profit for the year...
CBN retains lending rate at 11.5% The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate at...
Over 1 billion people lack assistive technology – WIPO Over one billion users currently need assistive technology, a new report by the World Intellectual Property Organisation...
PoS operators demand chargeback policy review, decry rising frauds Point of Sale (POS) merchants operating in Nigeria have called on the Central Bank of...
AfCFTA: Nigeria targets $50bn intra-Africa export trade, 500,000 jobs Senior Special Assistant to the President on Public Sector Matters, Francis Anatogu has said the Federal...
CBN shifts forex transactions to I&E window The Central Bank of Nigeria (CBN) has shifted official forex transactions to the Investors’ & Exporters (I&E)...
Equities rebound as bargain hunting spurs N178bn gain The Nigerian equities market opened the week on a positive note following bargain hunting across the...
Equities closed 7th negative week with N140bn loss The Nigerian stock market extended its decline last week for the seven consecutive week as investors...
Oil giant Saudi Aramco sees 2020 profits drop to $49 billion Saudi Arabia’s state-backed oil giant Aramco announced Sunday that its profits nearly halved in...
CBN raises SMEs fund to N300bn as beneficiaries get N149.21bn The Central Bank of Nigeria (CBN) today announced its decision to raise the Targeted Credit...
FAAC disburses N619.34bn in January 2021 – NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N619.34bn to the three tiers of...
DMO lists N162.56bn Sovereign Sukuk on NSE, FMDQ The Debt Management Office (DMO) has listed its third Sovereign Sukuk of N162.557 billion on the leading bourses...
The Rise Fund to invest $200 million in Airtel Africa’s mobile money business Airtel Africa, a leading provider of telecommunications and mobile money services, with...
Debt Management Office plans N150bn bonds auction in March The Debt Management Office (DMO) has disclosed that the Federal Government will offer N150 billion bonds...