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Nigerian Bank Stocks With The Lowest Price-Earnings.
According to data gathered by Bloomberg, United Bank for Africa Plc, Access Bank Plc, FBN Holdings Plc; and Unity…
Emefiele Asserts That There Is No Law Requiring CBN To Give Dollars To Foreign…
Foreign airlines' funds stranded in Nigeria, according to the International Air Transportation Association (IATA),…
Experts Criticize CBN for Raising Interest Rates To Combat Inflation.
Inflation is already out of control, reaching a 17-year high in August of 20. 52 percent, stifling the parallel…
Nigeria Pledged To Promote Environmentally Friendly Shipping – FG.
The Federal Government of Nigeria has stated that Nigeria is committed to developing greener shipping; in line…
CBN Increases MPR To 15.5% In A Determined Effort To Control Inflation.
The Monetary Policy Rate (MPR), known as the interest rate, was increased by 150 basis points from 14 to 15. 5…
NNPC Recorded 8million Barrels of Oil Production Losses In July.
According to the Nigerian National Petroleum Company (NNPC) Limited; output losses at crude oil terminals totaled…
Uganda’s Exports Primarily Go To Kenya and South Sudan.
Data from the Ministry of Finance show that Uganda exported more commodities to Kenya and South Sudan in August…
Interest Rates Will Rise, According To MPC Analysts
Since September 2020, the Monetary Policy Rate (MPR) has remained at 11.5 percent. In order to increase access to…
PenCom Approves Using The RSA Balance For A Mortgage.
The Nigerian Pension Commission (PenCom) has declared that pension contributors who are currently employed are now…
Buhari Claims That The Nigerian Economy Is Ready For Further Investment.
Buhari praised the Nigerian military for making great strides in the battle against insecurity; and for generating…
Nigeria Seeks OECD Membership To Increase Seed Exports.
Plans have been in place by Nigeria's National Agricultural Seeds Council (NASCC); to admit Nigeria as a full…
Nigerian Banks Are Faced With Difficulties Due To Currency Crisis, Inflation and…
According to Fitch, Nigerian banks would undoubtedly be influence by the naira's persistent depreciation.…
Nigeria Surpasses Kenya To Retake The Top Spot In Africa For Cryptocurrency…
Nigeria has reclaimed the top spot in Africa for crypto adoption, now coming in at #11 globally with an adoption…
Flutterwave Makes It Possible For Nigerians To Collect eNaira Payments.
The eNaira is a digital currency produce by the Central Bank of Nigeria that offers a distinct kind of money that…
Lagos Is The Fourth-Richest City In Africa.
In 2021, Nigeria was regarded as the largest economy in Africa. However, due to the enormous population of over…
The NCC Plans To Generate N500billion From 5G Spectrum Sales By 2023.
The auctioning of two 5G spectrums in 2023 is expected to bring in N500 billion for the federal govt, according to…
Nigerian Petrol Suppliers Are Closing Down For Green Energy.
Due to a demand for green energy, the majority of refineries supplying Premium Motor Spirit to Nigeria are ceasing…
According To NNPC, Nigerians Will Not Face Fuel shortages.
According to the chief financial officer of NNPC Ltd. In Abuja, the Corporation has taken steps to maintain the…
CBN: RT200 Strategy Will Increase Exports Of Goods.
The CBN's RT200 FX program intends to generate $200 billion in forex profits from non-oil proceeds over the course…
MTN Launches 5G Network.
The fifth-generation, or 5G, technology is already accessible in Nigeria. The technology was commercially…
MTN Nigeria Plans To Issue A N100billion Bond To Pay For Operating Capital.
Under its new N200 billion bond issuance program, MTN Nigeria Plc intends to issue up to N100 billion in series 1…
The National Assembly Will Receive Buhari’s N19.76trillion Appropriations…
During the inspection of the continuing rehabilitation work on the green chamber and the construction of the…
Nigeria Bank Deposits Increased by 24% To N42trillion.
From N33.85 trillion at the end of June 2021 to N42. 03 trillion in the same time of 2022, the total deposits in…
Senate Opens An Investigation Into Niger Delta Oil Theft.
Nigeria suffered significant financial losses as a result of the widespread theft of its crude oil; and it was…
Values of Bitcoin and Other Cryptocurrencies Sharply Declined.
Due to the loss of about $89 billion in cryptocurrency, the market value of cryptocurrencies has fallen back below…
Despite the currency and energy challenges, companies pay N1.25 trillion in taxes.
The Federal Government received N1.25 trillion in tax revenue from Nigerian businesses in the first half of 2022,…
Aviation Workers Issue 14-day Ultimatum.
A coalition of unions representing aviation employees has vowed to go forward with an industrial strike; within…
Oil Exploration In Nigeria Begins To Decline As Rig Count Falls.
The global upstream sector of the petroleum industry (OPEC) uses the rig count; as a key indicator of exploration…
Senate, Minister Diverge On The N12.43trillion Budget Deficit For 2023.
The committee was informed by the finance minister during an interactive session that the planned N19. 76 trillion…
Pension Withdrawals Increase By 17% To N6.6billion.
Due to difficulties caused by job loss, cash withdrawals from pension contributions by laid-offoff employees…