Category: Local

Nigeria’s total pension fund assets appreciated by N100 billion in March to rally at N12.34 trillion as against the N12.24…

Elevated inflation and dwindling liquidity concerns are keeping investors away from Nigeria’s localcurrency debt, Bloomberg reported yesterday. According to the…

THE Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, has faulted claims that the bank’s targeted interventions in the agricultural…

National President, Association of Nigeria Licensed Customs Agents (ANLCA), Tony Iju, has felicitated with Muslims on the occasion of the…

President Muhammadu Buhari has lauded the historic roles of the Nigerian capital market in national development and the successful transition…

Nigeria plans to issue $3 billion or more in Eurobonds as international capital markets (ICM) open up and interest rates…

Royal Dutch Shell Plc has been under increasing pressure from investors to slash emissions and pivot toward cleaner energy, and the…

A World Bank report states that diaspora remittances to Sub-Saharan Africa (SSA) declined by 12.5% to US$42bn in 2020. The…

The Nigeria Immigration Service has announced the nationwide suspension of issuance of new passports and renewal of old ones in…

The Federal Government, on Tuesday, confirmed the receipt of the sum of £4,214,017.66 of the loot associated with the family…

Nigeria’s President Muhammadu Buhari requested on Tuesday parliamentary approval for new external borrowing of $6.18 billion. Nigeria will seek to…

The recent move by the Central Bank of Nigeria to erase the N379 official exchange rate from its website has…

Brent crude topped $70 a barrel in London for the first time since mid-March amid signs that recovering consumption has…

Around 100 maritime companies have signed the Gulf of Guinea Declaration on Suppression of Piracy, which was launched yesterday, as…

Nigerian equities were down by 0.44 per cent on Monday, shedding value for the first time in 10 days in…

After 20 consecutive months of increase, the Consumer Price Index(CPI), which measures inflation has dropped to 18.12 per cent (year-on-year)…

Based on their significance, it is pertinent that lasting family businesses emerge in Nigeria if the country will realise its…

The African Development Bank (AfDB) Group and the European Bank for Reconstruction and Development (EBRD) have signed a memorandum of understanding (MoU)…

The Macroeconomy Nigeria’s oil production improved. Headline inflation inched up further in March 2021. The Naira depreciated against the U.S.…

ABUJA: Nigeria’s naira inched down against the dollar on Monday, having recently weakened in the official market in a move…

On the interbank board today May 17, 2021, the Ghana Cedi started the 21st trade week of the 2021 fiscal…

Diaspora remittances remain major sources of stable external financing for Nigeria and developing countries. Countries have continued to harness these…

Nigeria’s annual inflation eased marginally to 18.12%, the first dip in the rate in 20 months, the statistics office said…

The clearing of foreign portfolio investors’ funds that have been trapped in Nigeria for months on the back of foreign…

The Naira appreciated by 27 kobo or 0.04 per cent on the US Dollar at the Investors and Exporters (I&E) window of the foreign exchange market on…

WorldRemit, a global cross-border payments company, has expressed support for the Central Bank of Nigeria’s decision to extend the deadline…

The consumer price index, which measures the rate of change in the price of goods and services, dropped to 18.12…

The increasing demand for cash by members of the public to meet the rising prices of goods and services has…