Nigeria spent $9.6 billion on debt servicing in 12 years
Remittance to Sub-Sahara Africa rose to $53 billion in this year
Alhaji Bashir carried out the acquisition in 32 different transactions at an average price of N0.51 a unit between November 8th and 11th 2022
LCCI lamented that additional borrowings will further increase Nigeria’s debt-servicing bill
African banks have experienced a strong recovery in profitability, with average ROEs up from 12% in 2020 to 15% forecast for 2022
Ojeabulu started his game with an opening 75, a second day score of 78 and a closing 74 to replace Ilorin based Aminu Kadir, the tournament...
The award was in recognition of Zenith Bank's strong management, sound business model and strategy, support for small businesses and efforts to cut energy consumption.
Despite the huge borrowing, the World Bank has rated Nigeria low on infrastructure. While asserting that the country’s infrastructural deficit would likely reach $3 trillion in...