Rosemary Iwuala As Nigeria continue to spool in abject poverty and hardship, the Cadre Harmonise report on indicated that no fewer than 28.4 million Nigerians in...
Currency in Circulation in Nigeria has dipped by a 72.19% to N982.09 billion at the end of February from N3.29 trillion at the end of October...
The Federal Government has raked in N10.1 trillion from the collection of Value Added Tax under the regime of the President Muhammadu Buhari. This comes against...
Prominent economic experts in Nigeria have cautioned the federal government against raising the value added tax (VAT) from 7.5 per cent to 10 per cent by...
By Rosemary Iwuala FCMB Group Plc has successfully raised N20.686 billion from the debt market to finance its banking subsidiary First City Monument Bank Limited. It...
By Christy Animam TLG Capital, a pan-African alternative investments firm, announced today that it has partnered with OnePipe to provide credit services to the informal sector...
Rosemary Iwuala Eroton Exploration and Production Company Limited has assured that it remains the Operator of Oil Mining Lease 18 (OML-18) in line with the provisions...
The consumer price index (CPI), which measures the rate of change in prices of goods and services in the country, rose to 21.91% in February 2023,...
By Meristem Analysts Sustained Supply chain disruptions resulting from the Russian-Ukraine war have largely been reducing, resulting to a decline in energy and food prices. Average...
By Umar Suleiman Less than three months into 2023, Foreign airlines operating in Nigeria have had up to $191 of their funds trapped in the country...
Nigerian Equities Market closed negative on Tuesday as the key market indicator declined by 65.47 basis points equivalent to N36 billion for stock investors. This happened...
Amid the lingering forex (FX) scarcity in the country, commercial banks have announced that international school fees and upkeep requests through Form A will now be processed...
By Rosemary Iwuala Following Monday’s declaration by the Central Bank of Nigeria (CBN) elongating the validity of old N200, N500 and N1,000 naira notes, Nigerians have...
As Buhari Disowns Emefiele, Malami on Attitude to S’Court Order The Central Bank of Nigeria (CBN) has said the old N200, N500 and N1000 notes remain...
By Christy Animam With the final orderbook closing in excess of $3.5 billion and 95 investors participating, the African Development Bank (AfDB) set the size of...
In the just concluded week, values of federal government of Nigeria (FGN) bonds traded at the over-the-counter (OTC) segment appreciated for all maturities amid demand pressure....
Since the onset of the cash crisis that trailed naira redesign policy of the Central Bank of Nigeria, the Nigerian economy has lost an estimated N20...
Agency Report Oil prices climbed more than 1% on Friday after better-than-expected U.S. employment data, though both benchmarks fell more than 3% on the week on...
Performance of United State stocks and other global markets lost momentum this week as investors were put on the edge after indications went rife for the...
Equity market Investors’ risk appetite for Nigerian stocks has sustained its uptrend for the third consecutive week with investors smiling all the way to the bank...