Stock investors in Nigeria lost a whooping N622 billion in one day at the Nigerian Exchange Limited (NGX) following sell-offs in the shares of bellwethers such...
The Federal Government has lifted the compulsory 2.5% mortgage deduction from the monthly salaries of private sector employees for the National Housing Fund (NHF). This, according...
As profit-taking pressure sustained grip for a second day in favour of the bears, the Nigerian equities market closed negative on Friday. The key market indicator...
By Sandra Orim The UK-Nigeria Tech Hub, a pillar of the UK government’s broader Digital Access Program (DAP), has announced a collaboration with Google for Startups,...
Rosemary Iwuala Announces New Collaboration with ITFC African Export-Import Bank (Afreximbank) has announced the enhancement of the financing facility provided to Fidelity Bank plc, under the...
Rosemary Iwuala Norrenberger, an integrated financial services group, has taken an equity stake of 60 per cent in The Infrastructure Bank (TIB), having concluded the acquisition...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 50 basis points to 18 per...
By FBNQuest According to the DMO’s recent publication on external debt service cost for 9M ’22, the FGN’s external debt service payments for Q3 ’22 amounted...
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...
