President Muhammadu Buhari presented a record 13.08 trillion naira ($34.4 billion) budget for 2021 to lawmakers on Thursday. The budget represent an increase from last year...
As the race to the office of Director General of the World Trade Organisation (WTO) moves towards its conclusion, the WTO has officially announced two finalists...
YouTube today announced that artists and creators from Nigeria can apply for grants from its Black Voices Fund. The global $100m fund will, over the next...
Market Update for October 7 By Investdata Analysts The bullish stance of the Nigerian equity market took a hit at the midweek, when profit takers cashed...
European stocks barely react while volatility remains elevated _________________________________________ US stocks gained ground on Wednesday after President Donald Trump suggested a new stimulus bill, although the...
By Han Tan ___________________ Oil prices remain relatively stable, as investors await OPEC’s World Oil Outlook due later today. It comes at a time when demand-side...
The equities market ended the midweek trading lower as stocks snapped a 12-day bullish run on profit-taking in MTN Nigeria and ZENITHBANK which led to -1.5...
In a bid to strengthen the local currency, Naira, the Central Bank of Nigeria (CBN) supplied $13.99 billion into the market between January and June. The...
The Nigerian Senate has directed its Committee on Banking, Insurance and Other Financial Institutions to investigate allegations of illicit and excessive charges by deposit money banks...
The African Development Bank (AfDB) says it is ready to support investments from Japan to initiate inclusive and sustainable development in Africa. Samuel Higenyi Mugoya, AfDB’s...
To be counted as successful in the on-going Digital Identification for Development (ID4D) project being supervised by the World Bank and financed by other global bodies,...
Sterling Bank Plc has pledged a N10 billion facility for the recovery of domestic tourism sector in the country post-COVID-19. This is based on the intelligence...
The passage followed the adoption of the recommendations of the report of its joint committees on National Planning and Finance, on the 2021-2023 MTEF and FSP...
The African Development Bank (AfDB) has been selected in a poll of bond market players as the best issuer in 2020 of a COVID-19 bond for...
Deliberations on the Petroleum Industry Bill (PIB) by the National Assembly has been shifted to the first quarter of next year, the Minister of State for...
Umar Danbatta, the executive vice chairman and chief executive officer of the Nigerian Communications Commission (NCC) has said the commission is finalising counterpart funding agreement for...
The Central Bank of Nigeria (CBN), on Tuesday, expressed dismay over the non-compliance with the provisions of its circular on compliance with export procedures by shipping...
Itel Mobile Nigeria, makers of the itel phones, has launched the itel S16 smartphone series in Nigeria. The launch, which was hosted by Nigerian actress, Mrs...
Nigeria’s debt fast becoming unsustainable, may reach N34tn, LCCI warns Economic advisory council parades the best 11 economists – Presidency _____________________________________ The Nigerian Economic Society on...
Despite the increased activity in the fintech sector in Nigeria and the positive multiplier effect in the economy, there is significant potential for further growth, report...