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Banking

NDIC Seeks To Hold Directors Accountable For Bank Failures

Jul 18, 2020 0
The Nigeria Deposit Insurance Corporation has sought a legal backing from the National Assembly to enable it to…
Local

Nigeria Inflation Rises In June, Food And Healthcare Cost Weigh

Jul 18, 2020 0
Annual inflation in Nigeria rose for a 10th straight month in June, lifted by food and healthcare costs, the…
Local

Experts Seek Lending Rate Reduction, MPC Meets Monday

Jul 18, 2020 0
Financial experts have said there is a need for the Monetary Policy Committee of the Central Bank of Nigeria to…
Local

Non-Oil Exporters Want Govt To Fix Domestic Market

Jul 18, 2020 0
Stakeholders in the non-oil export business have asked the government to focus on addressing challenges in the…
Local

How Indigenous Carrier Rescued Stranded Nigerians

Jul 18, 2020 0
With high cost of airfares charged by foreign airlines, many Nigerians who had depleted their resources due…
Africa

Coronavirus Lays Bare S.African’s Toxic Relationship With Alcohol

Jul 17, 2020 0
In few other countries in the world have COVID-19 and alcohol consumption become so dangerously intertwined. With…
Local

Nigeria’s “Bond Lady” Tackles Public Debt With Strategy

Jul 17, 2020 0
As director-general of the Debt Management Office (DMO) of the Nigerian Ministry of Finance, Patience Oniha…
World

Oil Exposure Raises Questions For West Africa’s Big Banks In Age Of…

Jul 17, 2020 0
West Africa's major banks could suffer a spike in loan defaults as lower oil prices and the acute economic impact…
World

UK Begins Issuance Of Flexible Visa To Doctors, Others

Jul 17, 2020 0
The United Kingdom has announced a special type of visa for foreign healthcare professionals to work in Britain.…
World

Over 370 Nigerians Asked To Leave U.S. ‘For Breaking Laws’

Jul 17, 2020 0
More than 370 Nigerians were ordered to leave the United States this year, after being found guilty of breaking…
Business

The Billion Dollar Broker Who Managed A Nation’s Oil Wealth

Jul 17, 2020 0
The wire transfer was just one of millions that ricochet through the global financial system every day. Starting at…
Local

Nigeria: Aliko Dangote’s $2 Billion Fertilizer Plant Set For February Start

Jul 17, 2020 0
Dangote Group’s fertilizer plant, now under construction in Nigeria’s biggest city of Lagos, will be ready to start…
Local

Gokada App Founder Died Of Multiple Stab Wounds

Jul 17, 2020 0
The technology entrepreneur found slain and dismembered in his luxury Manhattan condominium earlier this week died…
Local

Illegal Oil Dealings: 3 Nigerians Sent To Prison

Jul 17, 2020 0
Justice Chuka Austine Obiozor of Federal High Court, Ikoyi, on Thursday, convicted and sentenced Ometoruwa David,…
Business

Oil Is A Wasting Asset, Why Are We So Addicted To It?

Jul 17, 2020 0
The oil industry is the benchmark by which the Nigerian economy rises or falls. But the cliché of this predicament…
Business

Pound Set For Biggest Weekly Fall In A Month, Economic Gloom Weighs

Jul 17, 2020 0
The pound eased slightly in early London trade on Friday, set for its biggest weekly fall versus the dollar in a…
Local

UK Won’t Pay You Hazard Allowance, FG Tells Doctors Planning To Migrate

Jul 17, 2020 0
The Minister of Health, Dr. Osagie Ehanire, has told Nigerian doctors planning to emigrate to the United Kingdom to…
Local

Nigerian State Revenue Too Low To Power Economy

Jul 17, 2020 0
Nigeria’s government must improve tax collection because revenue is lower than the minimum amount required for the…
Business

Nigeria Refines Own Gold, Starts Stockpiling In Reserve

Jul 17, 2020 0
Nigeria has for the first time refined its own gold and purchased the refined product into a new gold reserve.…
Business

Nigeria Loses $3b To Illegal Gold Smuggling In 6 Years

Jul 17, 2020 0
President Muhammadu Buhari has voiced concern that Nigeria lost close to $3b from 2012 – 2018 due to illegal…
Business

Oil Falls As OPEC+ Plans To Raise Output While Virus Cases Increase

Jul 17, 2020 0
Oil prices fell 1% on Thursday after OPEC+ agreed to ease record supply curbs and as new infections of the novel…
Banking

CBN Seeks Power To Freeze Bank Accounts ‘Linked To Criminals’

Jul 17, 2020 0
The Central Bank of Nigeria is seeking sweeping powers to freeze bank accounts “linked to criminals in the country…
World

Weekahead-African-FX-Kenyan, Nigeria Currencies Seen Weaker, Uganda’s Firmer

Jul 17, 2020 0
Kenyan and Nigerian currencies are likely to come under pressure against the U.S. dollar next week as Uganda's…
Business

Dollar Dips After Rise In U.S. Retail Sales

Jul 17, 2020 0
The safe-haven U.S. dollar fell modestly in morning trading on Thursday after domestic retail sales data for June…
Banking

CBN Seeks Exclusive Right To Bank Licensing, Revocation

Jul 17, 2020 0
The Central Bank of Nigeria (CBN) has said, in line with international best practices and to avoid duplication of…
Business

E-Payments Value Drops By N96b

Jul 17, 2020 0
The Central Bank of Nigeria (CBN) has said the total volume of payments across payment channels fell by 26 per cent…
Local

Nigerian Inflation Rises For 10 Months In A Row In June

Jul 17, 2020 0
Annual inflation in Nigeria rose for a 10th straight month in June, lifted by higher food and healthcare costs, the…
Business

Euro In ‘Wait And See’ Mode Ahead Of Crucial EU Summit

Jul 17, 2020 0
The euro was flat against the dollar on Friday before a European Union summit that will try to reach agreement on…
Business

Dollar Climbs As Traders Focus On Weak Chinese Retail Sales

Jul 17, 2020 0
The U.S. dollar strengthened on Thursday as investors focused on poor Chinese retail sales instead of its stronger…
Business

Net Foreign Inflow Hit $9.35bn In February

Jul 17, 2020 0
The nation’s economy recorded a net foreign exchange inflow of $9.35bn in February. The Central Bank of Nigeria…
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NIGERIA

Macroeconomic

Nigeria Inflation Set to Rise Again as FMDA Projects 16.42% April Rate Amid Food and Energy Pressures

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Local

Telcos Pour N2.5 Trillion into Network Expansion as NCC Battles Rising Service Complaints in Nigeria

May 14, 2026
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World

European Markets Rise as UK Political Uncertainty and…

May 14, 2026

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024
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