The currency in circulation in Nigeria has surged by N1.7 trillion, driven by a surge in cash transactions. According to data obtained from the Central Bank...
The Oyo/Osun Area Command of the Nigeria Customs Service has reported a better-than-expected achievement in revenue collection, exceeding its targets while also making significant seizures of...
Financial reports released by eight Deposit Money Banks (DMBs) for the first half of 2023 have showcased robust financial performances, collectively amassing N3.9 trillion in gross...
Global stock markets faced a tumultuous start to the week as traders braced themselves for a pivotal series of central bank decisions. Benchmark Brent crude oil...
Despite Nigeria’s pension assets rising to an impressive N17.1 trillion in July, this financial prosperity is shadowed by a growing wave of discontent among pension contributors...
Fidelity Bank is poised to ascend to the ranks of top global banks, bolstered by unwavering investor confidence and resounding approval for its capital-raising initiative. This...
Bilateral borrowing of Nigerian States climbed by 64.26% in just six months amid the decline in the Nigeran naira value. This surge, totaling a significant $462.81...
President Bola Tinubu has taken a significant step in shaping the future of Nigeria’s financial landscape by nominating Dr. Olayemi Michael Cardoso as the new Governor...
African central banks are gearing up for a series of decisions in the next three weeks, with most of them leaning towards maintaining their current interest...
United Bank for Africa (UBA) reports a 438 percent increase in its profit after tax to N378.24 billion in the first half of 2023. According to...
