Foreign Capital Imports Fall to $5.32 billion in 2022 from $1.06 billion in Q4.
Capital inflows decreased by 8.53 percent, from $1.15 billion in the previous quarter to $1.06 billion in the…
37 FG Agencies are Charged in a Recent Audit Report.
The Panel on Public Accounts indicted 37 Ministries, Departments, and Agencies for financial procedure violations…
A Manufacturer of Solar Vehicles is Opening a Factory in Nigeria.
En1 Technologies has made plans to start making solar-powered automobiles in Nigeria and other African nations.…
Access Holdings Finances a Bank Subsidiary with $300 million.
According to Access Holdings Plc, it has completed a $300 million capital investment into Access Bank Plc, its…
Nigeria: Maritime Operators will Receive $700 million for Vessel Acquisition.
The Federal Government has said operators in the maritime sector may get about $700m to acquire new vessels. At…
Tax Revenue in South Africa in 2022/23 is $94 billion.
Data from the revenue services revealed that South Africa's tax collection for the fiscal year that ended on March…
March Sees Continued Combat Against Inflation by Global entral Banks.
Most developed and emerging market central banks continued to raise interest rates at a strong clip in March,…
With Oil Supply Growth Lagging Behind Demand, OPEC+ is in Charge.
After the Organization of Petroleum Exporting Countries (OPEC) members and allies, including Russia, agreed…
Buharis Administration Recommends Salary Increases after Eliminating Fuel…
According to Labour Minister Chris Ngige, the outgoing government in Nigeria has advised the next administration…
Nigeria Approves a New Chinese Bank for a Railway Project.
Following the withdrawal of another Chinese lender from the Kaduna-to-Kano rail project in 2020, the Nigerian…
Gold4oil’s crucial role in lowering gasoline costs: BoG
Steven Opata, the central bank's head of financial markets, said that the government's approach had improved…
Equities Hit High Record of Sh32 billion on the EABL Acquisition.
The East African Breweries Ltd (EABL) extra share acquisition by British multinational Diageo, which was…
NNPCL Releases 515.99 ml of Petrol Each Week.
The 33 depots evacuated 515.99 million liters of Premium Motor Spirit (PMS) or gasoline between March 25 and March…
The Federal Government Cancels Benue’s N84 billion Debt.
In order to discharge its debts of N84 billion, the Benue State Government said it had engaged into a debt…
NSIA, Beating the Odds With Higher Investments and Better Financial Results
As a means of encouraging Nigerian inventors and technopreneurs to develop solutions that address real-world…
Foreign Reserves Decrease by $1.46 billion in two months – CBN
According to information collected from the Central Bank of Nigeria, between January and March, the nation's…
In March, Nigeria earned N1.8 trillion from oil exports.
Nigeria's earnings from crude oil export rose by N337 billion in March to reach N1.8 trillion. This occurred when…
As OPEC+ Reduces Output, the Price of Oil Increases.
After the voluntary production reduction by Organization of Petroleum Exporting Countries (OPEC) members and OPEC…
IATA Warns Nigeria as Airlines Trapped Funds Hit $802m
The International Air Transport Association, a trade organization for international airlines headquartered in…
The New Twitter Verification Makes it Hard to Distinguish between Legacy and Paid…
On April 1, Twitter was intended to formally delete old verification checkmarks. The label now says, "This account…
Stanchart Appoints Executive Director
The Standard Chartered Bank Ghana PLC now employs Mr. Asante as its chief financial officer. He started working at…
Former Arik Management and AMCON Quarrel over the Acquisition of an Airline
The Federal High Court's Friday ruling in Lagos has sparked a dispute between Asset Management Company of Nigeria…
Leadway Achieves N104.4 Billion In Total Premium, Being The First Insurance…
Leadway has become the first insurance business in Nigeria to reach the 3-digit billion milestone.With total…
Kenya Lost its Position as ATI’s Primary Stockholder.
After undisclosed new cash injections into the pan-African Institution, Togo and Benin have surpassed Kenya as the…
Removal of Subsidies Will Enable N7trn’
Dr. Muda Yusuf, the chief executive officer of the Center for the Promotion of Private Enterprise (CPPE), listed…
LFZ completes the N17.5 billion 20-year Series 3 Infrastructure Fixed Rate…
The Lagos Free Zone Corporation ("LFZC or LFZ") has announced the successful issue of a N17.5 billion 20-Year…
Sterling Bank stock trading is halted on NGX
The Nigerian Exchange Limited's trading floor has halted all activity in Sterling Bank shares. The suspension,…
Chinese Loans Increased by 209% Under Buhari, Reaching $4 billion.
Under Major General Muhammadu Buhari, the amount borrowed by the Federal Government from China has increased by…
OPEC and its Partners Start New Oil Output Curbs.
The Organization of Petroleum Exporting Countries and its partners, known as OPEC+, announced voluntary cutbacks…
NEPZA: Free-trade Zones Would Generate N35.1 billion in Customs Duty.
The Free Trade Zones (FTZs) Programme, according to the Nigeria Export Processing Zones Authority (NEPZA), brought…