The group managing director and chief executive officer of United Bank for Africa (UBA) Plc, Kennedy Uzoka has expressed optimism that the bank is on its...
Access Bank Plc has announced its successful launch of a $500 million 144A/RegS Senior Unsecured Eurobond, as part of its Global Medium-Term Note Programme. According to...
Nigeria’s inflation rate has sustained its steady decline in the month of August 2021 as it moderated to 17.01% from 17.38% recorded in July 2021. This...
The ransom collected by perpetrators of ransomware attacks on mid-sized financial institutions globally stood at over $2 million in 2020, a new study has revealed. ...
The Central Bank of Nigeria (CBN) has announced plans to set up the Nigerian International Financial Centre (NIFC) to act as a gateway for funds and...
President Muhammadu Buhari has sent a letter to the Senate requesting to borrow over $4 billion from external lenders to fund infrastructure development. The President sent...
The accretion to Nigeria’s foreign exchange reserves was sustained for the second consecutive week, as it closed higher by $441.63 million week on week at $34.70...
Global stocks extended losses for the second consecutive week following investors’ angst about a slower global economic recovery and the prospect of reduced central bank stimulus....
Investors in the Nigerian stock market are feeling the heat of rising interest rates in the fixed income market that dampened appetite for equities last week....
Reactions from telecoms operators are trailing recent developments marked by federal government’s approval of 5G plan for the commercial roll out of fifth generation internet network...
Despite being in the green territory, Guaranty Trust Bank, now Guaranty Trust Holding Company Plc, has experienced reduced momentum in its financial performance as at the...
The Federal Executive Council has approved the National Policy on Fifth Generation (5G) Networks for Nigeria’s Digital Economy. With the latest development, commercial roll out of...
Financial experts at Financial Derivatives Company Limited (FDC) has projected further relief in cost of living in Nigeria with projected moderation of headline inflation to 16.8%...
Telecoms companies operating in Nigeria and are interested in deploying fifth generation network (5G) in the country will have to pay between N75 billion and N100...
The National Bureau of Statistics (NBS), said the nation recorded a trade deficit of N1.8 trillion in the second quarter of the year (Q2’21) even as...
Zamfara State has gone blank following an order by the Federal Government of Nigeria that all telecommunications providers shut down services in the state. Nigerian Communications...
About six million power users are still paying for electricity through estimated bills despite the various metering schemes adopted by the Federal Government and operators since...
Nigeria’s telecommunications sector attracted $3.9 billion foreign investments (portfolio and direct) between 2015 and 2020 despite the two economic recessions experienced within the period. The 2021...
Nigerian Exchange Limited (NGX) has highlighted the benefits green and sukuk bonds market to investors as management of the bourse continues to drive the development and...
The Nigerian National Petroleum Corporation (NNPC) is once more set to deduct about N215.3 billion from its contribution to next month’s joint Federation Account. The aforementioned...