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...