The Nigerian government generated N78.95 billion from the N50 levy imposed on electronic bank transfers in the first five months of 2024. This revenue collection revealed...
Access Holdings Plc has received approval from the Securities and Exchange Commission (SEC) to proceed with its N351 billion rights issue capital raising programme. The approval,...
Dr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), announced plans to slow down the increases in the benchmark interest rate once inflation is...
The decline of the Nigerian naira has emerged as an unexpected lifeline for many loss-making firms in Africa’s largest economy. At an event co-organised by BusinessDay...
In a move set to bolster infrastructure development across Lagos State, FirstBank of Nigeria Limited has expressed its commitment to partnering with the state government. This...
Access Holdings Plc is set to open its highly anticipated N350 billion rights issue to existing shareholders on Monday, July 8, 2024. The strategic move was...
The Nigerian naira recorded a gain of 0.66% on the parallel market, often referred to as the black market, following the commencement of a new foreign...
Nigeria’s money supply (M3) soared to an all-time high of N99.23 trillion in May 2024, according to data released by the Central Bank of Nigeria (CBN)....
Nigeria’s diaspora remittances rose to $19.5 billion in 2023, according to the latest Migration and Development Brief from the World Bank. Despite falling slightly short of...
The World Bank has urged Nigeria to capitalize on its diaspora remittances to combat poverty and finance critical development needs. In its latest Migration and Development...
