Amidst economic uncertainties, Nigeria’s recent decision to devalue the naira offers a glimmer of hope for the country’s non-oil export sector in the upcoming third quarter. ...
The Nigerian Exchange Limited ended a week-long bearish streak on Tuesday, closing the market with a gain of N213 billion for investors. The All-Share Index and...
Impressive Recoveries and Asset Realizations Lead to Substantial Payout
Deposit Money Banks (DMBs) in Nigeria have seen an 82.15 percent decline in borrowing from the Central Bank of Nigeria (CBN) under the Standing Lending Facility...
President Bola Tinubu’s administration is set to revolutionize the nation’s tax system. The ambitious plan seeks to redistribute the tax burden, making the wealthy pay their...
The National Economic Council (NEC) has confirmed the deployment of the $3 billion emergency loan-for-crude oil, secured by the Federal Government in August, for the stabilization...
Documents reveal questionable approvals and alleged backdating, raising concerns over financial misconduct
In a startling development, the registration of workers into the Contributory Pension Scheme (CPS) took a nosedive in the second quarter of 2023 with new Retirement...
In the first half of 2023, customers of Nigeria’s top nine commercial banks paid a whopping N154 billion in fees for utilizing electronic banking services, reflecting...
Afrexim Bank has turned to oil traders to secure a crucial $3 billion loan for the state oil company NNPC LTD, sources close to the matter...
