Naira Shortage Lowering Living Standards For Rural Residents.
According to AGUSTO & Co, the cash shortage brought on by the Central Bank of Nigeria's currency redesign…
According To PenCom, N24bn Was Recouped From Defaulting Employers.
The Nigerian Pension Commission claims that it has recouped N24.15 billion in employee pension deposits that were…
Oil Output Might Decrease Due To Pipeline Bursts
At Rumuekpe, a village in the Emuoha Local Government Area of Rivers State, a new explosion was believed to have…
Banks’ NPL Sustains Decrease at 4.2%, Assets Up 24.24% To N73.59trn
The non-performing loans (NPLs) in the country's banking industry have reportedly declined further below the…
FG Distributes N30bn In Grants To Export Businesses.
The Federal Government has given the go-ahead for 199 exporting enterprises to get promissory notes totalling…
Operators Predict An Increase In The Housing Shortfall Of Approximately 60%.
The housing shortage in Nigeria is expected to increase by over 60% by 2050 as a result of urbanization and…
CBN Disburses N114bn Under 100-for-100 Policy
From the start of the intervention, the Central Bank of Nigeria has given beneficiaries under its 100-for-100…
Flutterwave Denies Losing N2.9 Billion To Hackers
Flutterwave, a unicorn in the African financial industry, has denied losing $2,949,557,867 to hackers. it was…
Truck Driver Attributes A 65% Decrease In Haulage To Hoodlums.
According to Mr. Collins Dike, a trucker, 65% of the county's maritime sector's trucks were idle because of…
Over The Election Period, Business Activity Decreased To A Three-year Low.
S&P Global's Purchasing Managers' Index shows that Nigeria's PMI decreased from 53.5 the previous month to…
Shell Resumes Its Research Program After A Break
15 academics and research interns have been accepted into a one-year sabbatical and research internship program at…
Companies Are Profiting From Inflation, Forcing The ECB To Face A Harsh Truth.
The European Central Bank (ECB) responded by hiking interest rates to their highest level in forty years in an…
Bill Granting Biden The Authority To Outlaw TikTok Is Approved By A U.S. House…
In what would be the most extensive American restriction on any social media app, the U.S. House Foreign Affairs…
Forex Influxes Into The Nigerian Economy Fall By 40% To $26 Billion.
Inflows of foreign currency into the Nigerian economy decreased year over year by 40%, from $44.01 billion in the…
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…