Lagos State Governor, Babajide Sanwo-Olu, will today sign the state’s historic N3.3 trillion 2025 appropriation bill into law at Lagos...
The pound fell 0.7% against the US dollar on Thursday to $1.2280 as growing concerns over the British fiscal outlook...
The global banking sector is predicted to experience significant job cuts amid the rising interest in artificial intelligence (AI) and...
Cocoa futures dropped to their lowest levels in more than a week as traders reassessed their positions following regulatory adjustments...
The Grimaldi Group has launched the first-ever direct shipping service connecting Shanghai, China to Lagos, Nigeria. The new service is...
OpenAI CEO Sam Altman has denied allegations of childhood sexual abuse filed against him by his sister, Annie Altman, in...
The China Development Bank (CDB) has approved a €245 million ($254.76 million) loan to support the construction of Nigeria’s Kano-Kaduna...
Nigeria’s foreign exchange reserves increased by $591.78 million in the month following the government’s $2.2 billion Eurobond auction. Data from...
The Central Bank of Nigeria (CBN) has disclosed that it injected a total of $1.25 billion into the oil sector...
Disbursements to the three tiers of government jumped to N510.270 billion for August. At the end of the monthly Federation Account Allocation Committee (FAAC) meeting in...
The African Development Bank (AfDB) and Fortis Microfinance Bank (Fortis) yesterday signed an agreement for a N1 billion facility to be used for lending to small...
Lenders prefer traders to manufacturers, farmers MPC retains tight monetary measures Highlights of MPC meeting •Monetary Policy Rate (MPR) 14% •Cash Reserve Ration (CRR) 22.5% •Liquidity Ratio...
The Managing Director/CEO, Fidelity Bank Plc, Nnamdi Okonkwo has said the short term nature of banks deposits is one of the major reasons borrowers cannot access...
Standard Chartered Bank has opened the first of 10 new branches it plans to establish in Lagos state. The first of the proposed branches was opened...
Heritage Bank Limited has identified major commodities that can boost Nigeria’s foreign exchange earnings in the non-oil sector for the country. Some of the export potential...
Guinness Nigeria Plc on Tuesday reported a loss for the year ended June 30, 2016. The document filed with the Nigerian Stock Exchange (NSE) revealed that...
The President of the Senate, Bukola Saraki, on Tuesday itemised measures he said the Executive must take to take Nigeria out of recession. The measures include...
The country’s debt profile has risen to N16.29tn, the Debt Management Office has said. Statistics obtained from the DMO on Tuesday showed that the country’s total...
U.S. Housing Starts Tumble in August U.S. housing starts fell more than expected in August likely as bad weather disrupted building activity in the South, but...
