LivingTrust Mortgage Bank Plc has pegged its pretax profit expectation at N181.51 million for the third quarter of 2022. The mortgage lender also expect to post...
By Ahmed Ayanfe The World Bank Group has said that public debt in Nigeria and other low- and middle-income countries is now at a 50-year high,...
By Ahmed Ayanfe Nigeria’s custodian of data, the National Bureau of Statistics (NBS) has said the average retail price paid by consumers for petrol increased to...
Leading Banking as a Service (BaaS) enabler, OnePipe today announced the winners of its inaugural Writing Challenge, capping up a three-month process that began in March...
Telecommunications companies in Nigeria committed N2.85 trillion to their operations in 2021 to rake in N3.25 trillion as revenue at the end of the year. This...
By Ahmed Ayanfe Nigeria is intensifying efforts to earn a targeted revenue of $200 billion from non-oil exports, according to Godwin Emefiele, governor of the Central...
Headline inflation in Nigeria has recorded significant rise within the last 11 months. Latest figure by the National Bureau of Statistics (NBS) has shown that in...
Profit-taking activities continued on the floor of the Nigerian Exchange Limited on Wednesday, with a bellwether stock, MTN Nigeria dragging the downwards as it shares of...
By Ahmed Ayanfe Nigeria’s Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed has explained that the sustained oil price increase in the global market...
MFS Africa, the largest digital payments network in Africa, has raised an additional $100 million in debt and equity for its Series C, just six months...
The burden of subsidy payment on fuel consumed in Nigeria is about to further weigh heavier on the pocket of the federal government, thus exerting pressure...
In its efforts to recover unremitted pension in the country, Pension Commission (PenCom), Nigeria’s topmost regulator of the pension industry, has said it fined 23 employers...
By Ahmed Ayanfe Despite the war in Ukraine and travel restrictions in China, the International Air Transport Association (IATA) says air travel in Africa including Nigeria...
The power generation companies (GenCos) have attributed the current state of electricity generation in the country to the ₦1.644 trillion owed them by the Nigerian Bulk...
The Nigerian Telecommunications sector attracted a total of $54 million foreign capital from various countries in the first quarter of 2022. This is according to the...
The National Bureau of Statistics (NBS) said Nigeria’s trade surplus in the first three months of 2022 recorded N1.2 trillion due to increases in crude oil export....
Foreign Direct Investment (FDI) into Nigeria has crashed by 78% in three months amid a worsening foreign exchange crisis in the country that continues to send...
The Nigerian Civil Aviation Authority (NCAA) is to present an Air Transport Licence to the interim management of Nigeria’s national carrier – Nigeria Air, on Monday...
The National Bureau of Statistics (NBS) has disclosed that Nigeria spent N1.51 trillion on the imports of premium motor spirit, also known as petrol, in the...
The Lagos State Government, through the state Environmental and Special Offences Unit, (Taskforce), on Friday, destroyed by crushing 2,230 impounded motorcycles, popularly called Okada over violation...