Bank Assets Increased To N73 trillion, According To CBN
From N59.24tn at the end of December 2021 to N73.59tn in the same time of 2022, the total assets of the banking…
NEMA And NIMET Prepare For An Upcoming Flood
In an effort to prepare for the impending floods that are expected to pound the nation this year, the management…
CBN Plans To Issue N1.13tn In Treasury Bills In The Second Quarter.
For the second quarter of 2023, the Central Bank of Nigeria intends to generate N1.13 trillion through treasury…
Marketers To Sanction Fuel Stations And Depots Charging Excessive Prices.
A task force has been organized and deployed by oil marketers under the direction of the Petroleum Retail Outlet…
NRC Promises Increased Security On The Train Line Between Abuja And Kaduna
In response to an alleged conspiracy by Boko Haram to carry out another assault, the Federal Government has…
How Rising Oil Output May Help FG Achieve Its Income Objective
The Nigerian National Petroleum Company Limited's Group Chief Executive Officer, Mele Kyari, recently stated that…
UGANDA: Loan Interest Payments Increase Due To Rising Domestic Debt.
The amount of interest paid on Uganda's public debt increased over the six-month period due to a growth in the…
Government Financing By The Bank Of Ghana Is Not Fatal.
According to Ken Ofori-Atta, the minister of finance, the Bank of Ghana (BoG) lent the government GH37.96 billion…
KENYA: Bank Loan Interest Rates Have Risen To Their Highest Level In 52 Months.
In December, bank lending rates increased to their highest level in 52 months as a result of rate rises by Kenya's…
Capital Market: SEC, NAIC To Expand Trading In Commodities
In order to strengthen the commodities trading ecosystem, the Securities and Exchange Commission (SEC) has…
Nigeria And PAPSS Sign Agreement To Accelerate International Trade
The Nigerian Exchange Limited (NGX) and the Pan-African Payment and Settlement System (PAPSS) of the African…
ARCON Starts Taking Action Against Businesses That Use Digital Ads
The Advertising Regulatory Council of Nigeria, an arm of the Federal Government, has issued a warning to…
N42tn In Bank Loans Are Given To The Private Sector.
According to data acquired from the Central Bank of Nigeria, bank credit to the private sector increased from…
Nestle, Seplat, Lafarge To Pay Dividends
The final audited reports from more firms listed on the Nigerian Exchange Limited have been made public. Nestle…
Tinubu Declared The Winner Of The Presidential Election By INEC.
After receiving 8,794,726 votes to win the 2023 presidential election, Bola Ahmed Tinubu, a former governor of…
India’s Adani Will Pay Back Debts Backed By Shares Worth Up To $790 Million…
India's Adani Group aims to prepay or return share-backed loans totaling $690 million to $790 million by the end…
In Nigeria, W/Bank Deploys 100 Solar Grids
According to the World Bank, the National Electrification Project's market-driven approach to small grid…
Stanbic IBTC Increases Cashless Transactions
A subsidiary of Stanbic IBTC Holdings, Stanbic IBTC Bank, has promised to assist frictionless financial…
NCC Reports A Growth In Mobile Subscriptions To 225.88 Million.
In Nigeria, the use of mobile technology is still expanding, with 225.88 million mobile subscribers as of January…
Dangote Cement Will Issue A Dividend Of N20 Per Share.
A N20 dividend per share has been declared by Dangote Cement at the conclusion of the 2022 fiscal year.
This…
According To CBN, There Is N1.38tn Less Money In Circulation.
Due to the Central Bank of Nigeria's naira redesign strategy, the total quantity of currency in circulation in the…
Nokia Modifies Logo
While the manufacturer of telecom equipment concentrates on ambitious expansion, Nokia revealed plans to alter its…
Nigerian Growth Is Affected By Energy Costs, Pollution, And Other Factors.
Inappropriate price increases for pre-paid meters "Particularly south of the Sahara, Africa's domestic gas markets…
Banks’ Prime Lending Rate Reached 13.67% Despite Macroeconomic Difficulties
Commercial banks' prime lending rate to the most creditworthy consumers climbed to 13.67% in 2023, a 1.99%…
Lagos Issues A N137 Billion Bond On NGX
A N137,328,000,000 class IV bond issued by the Lagos State government has been placed on the Nigerian Stock…
FG Finds New Sites For 681,000 Barrels Per Day Of Oil Production
The Federal Government has discovered new oil resources with a daily production capacity of 1.52 billion standard…
CBN Evaluates Bank MDs, DMDs, And EDs’ Tenure
The Central Bank of Nigeria (CBN) reviewed the terms of the Managing Directors, Deputy Managing Directors (DMDs),…
OML 18 Is Taken Over By NNPCL As The EFCC Investigates Eroton
After months of inaction brought on by a variety of concerns, including money being diverted, governance…
Nigeria Elections – Akpatason, Okojie, And Others Win Rep Seats
Hon. Peter Akpatason, the Deputy Majority Leader of the House of Representatives, won the election to the House of…
23 Suspects Are Detained By Lagos police For Alleged Electoral Crimes.
According to the Lagos State Police Command, 23 people were detained during the presidential and National Assembly…