•Borrowing from CBN illegal, suspicious, say NECA, LCCI, economists •N22.7tn extra-budgetary spending to raise public debts to N69tn Prominent economists, Nigeria Employers’ Consultative Association and opposition...
The World Bank confirmed on Wednesday that Ajay Banga would be its next president, handing him the reins at a pivotal time as it looks to...
The Manufacturers Association of Nigeria (MAN) has warned that the newly released 2023 fiscal policy measures (FPM) will lead to industry recession, capacity underutilisation, and layoffs...
Wema Bank yesterday marked 78 years in the banking industry, saying that its next objective is to attain tier-1 bank status. The bank also celebrated the...
The Central Bank of Nigeria, CBN, has said it will soon audit the nation’s payment system in order to cope with future growth in electronic banking...
JP Morgan Chase has taken over the troubled US bank First Republic in a deal brokered by regulators. The Wall Street giant said it would pay...
As part of a larger effort to strengthening the banking sector in Nigeria, the Central Bank of Nigeria (CBN) recently announced the closure of 31 banks...
Currency Outside Banks, CoB, rose Month-on-Month (MoM) by 66 per cent to N1.4 trillion in March from N843 billion in February 2023. This reflects the impact...
Tuta Absoluta, also known as Tomato Ebola, is currently ravaging tomato farms in parts of the country, costing as much as N1.3 billion is economic dimensions,...
MultiChoice Nigeria, on Tuesday, announced an upward review of prices on its DStv and GOtv packages by 17 per cent. This was confirmed in a text...