CBN: Currency in Circulation Rises by 71% to N1.6tn.
After the Central Bank of Nigeria changed its stance on the redesign of the naira, the amount of currency in…
Leadway Assurance: Implements Security Measures Against Hackers.
According to Leadway Assurance Company Ltd, it has taken "mitigation steps" after discovering a hacker intrusion…
What to Expect As CBN Moves To Gather Dormant, Unclaimed Funds.
The exposure draft of rules on the administration of dormant accounts, unclaimed balances, and other financial…
Poll Shows Several British Don’t Want To Pay For Coronation
According to a recent poll that was performed and released on Tuesday, more than half of British citizens do not…
Ex-JAMB Registrar, Ojerinde’s Trial Starts Today for a $6 billion Fraud
Professor Dibu Ojerinde, a former Registrar of the Joint Admission and Matriculation Board, and his four children…
Netflix Hits 232 million subscribers.
Netflix on Tuesday said that its number of subscribers hit 232.5 million in the first quarter of this year and its…
EPayments Reach N49.4 Trillion, With 40% of Failed Transactions Unresolved
According to CIO, we have handled more than 60% of ePayment issues. Although banks owe telcos over N100 billion in…
Fox News will pay Dominion $787.5 million as part of a defamation settlement…
A defamation complaint including false accusations that Dominion Voting Systems' software was involved in…
The Nigerian Exchange Limited Recorded N2bn Gain for Investors.
The Nigerian Exchange Limited rebounded on Tuesday, recording N2bn gain for investors.
The All-Share Index also…
Nigeria Fails to Settle its Debt to China.
Nigeria's debt to China, which has risen to N110.31 billion over the past two years, has not been paid off. The…
Kyari: NNPC Deepens Investments in AKK, OB3, Others.
The Ajaokuta-Abuja-Kano-Kaduna (AKK) gas pipeline and the OB3 gas interconnector will accommodate five billion…
Nigeria Produces 75% of Budget Target in Q1 Despite Low Oil Production.
Despite its difficulties, Nigeria was still able to produce 115 million barrels of crude oil in the first quarter…
Exxon Announces a Force Majeure for Lifting Crude.
Following a strike by the company's internal workers union, Exxon Mobil has declared force majeure on oil lifting…
External Reserves Slide Further to $35bn.
According to data received from the Central Bank of Nigeria, the nation's foreign reserves decreased by $112.78…
NRC Generates N12 billion, Spends N111 billion to Service Debt.
The Federal Government has spent $247.98m (or N111.23bn at the Central Bank of Nigeria's official currency rate of…
According to Buhari, Marginal Oilfield Sales Brought in N203 billion.
The sale of petroleum prospecting licenses to 161 companies in its most recent marginal fields bid round brought…
Strike: Aviation Workers Threaten Total Shutdown.
As the second day of their strike begins, aviation workers have threatened to close the nation's airports if the…
FG: 40% Salary Increase for Workers in April.
By the end of this month (April), the Federal Government will start paying the anticipated wage raise for…
Subsidy Removal: FG Seeks Legislative Approval before Distributing $800 million to…
Mrs. Zainab Ahmed, the minister of finance, budget, and national planning, has stated that legislative approval is…
States with the Highest Inflation Rates are Lagos, Ondo, and Bayelsa.
The three states of Ondo, Bayelsa, and Lagos had the highest rates of inflation in March 2023. NBS reports that…
NECA Rejects Tax Increases and Cautions the FG Against IMF Demands.
The International Monetary Fund's recommendation that the Federal Government raise taxes in order to reduce…
GTCO Generates a N214 billion Profit.
According to Guaranty Trust Holding Company Plc, it reported a profit before tax of N214.2 billion, a 3.3%…
Employees Moved N663 billion to Other PFAs – PenCom
Since the National Pension Commission opened the transfer window, 168,768 employees have switched Pension Fund…
Custodian Investment’s Dividend Payment has Received Shareholder Approval.
The board of directors and management of Custodian Investment Plc have received praise from the company's…
Amethis Collaborates with Diot-Siaci in a Deal for a Moroccan Insurance Broker.
Amethis, one of the top investment funds focused on the African continent that was established in collaboration…
Dangote Sugar Pays a Dividend of N18 billion.
Despite the economic difficulties that characterized the 2022 financial quarter, Dangote Sugar Refinery Plc said…
Ryse Energy’s Capital Raise Funds to Support Africa Energy Expansion Plans.
Ryse Energy, a market leader in decentralized renewable energy systems with more than 4,000 units supplied or…
Aviation Workers to Delay Flights, Airports Today.
As aviation unions promised on Sunday to start a two-day warning strike on Monday, chaos may erupt at airports…
World Bank: 96% of Nigeria’s Revenue Utilized to Repay Debt in 2022.
Nigeria is in a more precarious position now than it was before the late 2021 global oil price boom. In 2022, the…
Banks are being Investigated for Dollar Price Fixing.
The Competition Authority of Kenya (CAK) is looking into several unnamed banks over allegations that they fixed…