Sterling Bank has secured approval in principle from the Central Bank of Nigeria to enable it restructure as a holdings company. In a filing at the...
A report by the Central Bank of Nigeria (CBN) and the Enhancing Financial Innovation & Access has said that Nigeria is far from achieving its financial...
Bullish sentiments were sustained on the local bourse at the start of the week, as interest in MTN Nigeria (2.0 per cent), WAPCO (6.3 per cent)...
Fresh loan disbursements expected from the World Bank, African Development Bank and Islamic Development Bank may raise Nigeria’s total public debt stock to N31.699tn in coming...
The power generation statistics for 2019 reflected that a total of 33,448,633 MWh of energy was generated by power stations, the National Bureau of Statistics (NBS)...
The Nigerian fintech ecosystem raised more than $600 million in funding between 2014 and 2019, a new report by McKinsey & Company, a management consulting firm,...
In sharp contrast to the record sell-offs across global markets, Nigerian equities recorded their best weekly performance in four months, crossing 26,000 points for the first...
Market Update for the Week Ended September 25 and Outlook for Sept 28-Oct 2 By Investdata Analysts Equity prices in the last full trading week of...
The presidency has promised to submit the long-awaited Petroleum Industry Bill (PIB) to the National Assembly in two or three weeks, sources have said at the...
The leadership of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) had earlier directed their members to remain at home from from Monday...
As pension fund assets hits N11.09trn___________________________________ The National Pension Commission (PenCom) has recovered N17.52 billion from employers who deducted monthly pensions from their workers’ monthly salaries...
Thirteen our of 36 Nigerian states are fiscally distressed as they lack the revenue capacity to fund their recurrent revenue in 2019, according to the 2020...
Oil marketers on have decried losing over N320 billion worth of investments as a result of government imposed product prices. The marketers under the aegis of...
Worldwide spending on edge computing has been estimated to reach $250 billion by 2024, growing by a Compound Annual Growth Rate (CAGR) of 12.5 per...
The African Development Bank (AfDB) today held a workshop to convey the continent’s immense investment and partnership opportunities to Asian business leaders, particularly as the continent...
The Debt Managemy Office (DMO) has disclosed that the federal government’s bonds for the month of September worth N145 billion have enjoyed over 148 per oversubscription...
Being a shareholder of Dangote Cement Plc must have been rewarding as the company disclosed that it has paid over N1 trillion as dividend to its...
Investments in businesses leveraging technology for financial services (Fin- Techs) in Nigeria totalled $560 million in the last three years, a report by the Enhancing Financial...
Amid free-falling foreign exchange reserves in it’s vault, the central Bank of Nigeria (CBN) has banned transfer of foreign exchange (forex) from one customer to another....
The domestic equities market sustained its positive performance from the last four sessions, as investors recorded another pocket of gain to the tune of N67 billion...