Fed Hikes Rate for the Fourth Time in 2018 The Federal Reserve on Wednesday raised interest rates for the fourth time in 2018, despite pressure from...
Nigerian Ports Authority to Decongest Apapa, Tin Can Ports The Nigerian Ports Authority (NPA) on Tuesday announced steps to decongest both the Apapa and Tin Can...
Nigerians Remit the Most Money From Uk in 2017 – WorldBank Nigerians send the most money from the United Kingdom in 2017, according to a report...
FG to Retain $60 Benchmark Despite Record-low Oil Price The Federal Government has maintained that the benchmark for oil price in its 2019 budget remained unchanged...
Non-performing Loans in Banks Jump to N2.24 Trillion Non-performing loans in the Nigerian banks rose to N2.245 trillion as of September 2018, according to the National...
Nigeria’s Economy Sustains Growth, Expands By 1.81% in Q3 Nigeria’s economy sustained growth in the third quarter of 2018 despite growing uncertainty ahead of the national election....
British Pound Plunges to Record Low Ahead of Brexit Vote The British pound plunged to a record-low on Monday ahead of Tuesday’s parliamentary vote in the...
Banks’ Investment in SMEs to Hit N90 Billion Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria, has disclosed that banks’ contributions to the Small...
Infrastructure Deficit to Reach $878bn by 2040 – SEC Nigeria’s infrastructure deficit has been estimated to hit $878 billion by 2040, according to the Security and...
Forex Weekly Outlook December 10-14 Global foreign exchange market remained highly volatile despite temporary trade agreement reached by the U.S. and China. The slowing growth in...