Over two weeks after the Central Bank of Nigeria promised to clear over $10bn foreign exchange debts owed Deposit Money Bank, the apex bank has yet...
Data from the Central Bank of Nigeria (CBN) has shown that currency in circulation in Nigeria jumped by N1.7 trillion as cash transactions increased. The report...
Eleven commercial banks listed on the floor of the Nigerian Exchange, generated N72.723 billion from account maintenance charges in the half year of 2023. This is...
The World Bank has approved a fresh $700m loan for Nigeria to enhance adolescent girls’ learning and empowerment. It disclosed this in a statement published on...
The Nigerian National Petroleum Company Limited (NNPCL) announced the appointments of three new Executive Vice Presidents. It named Oritsemeyiwa Eyesan as the new Executive Vice President,...
The rise in the cost of crude oil, coupled with the depreciation of the naira against the United States dollar, might lead to a hike in...
BUA Cement Plc. has revealed plans to reduce the price of cement in Nigeria from the current N5,500 to between N3,000 and N3,500. The company’s Chairman,...
...How CBN loans to FG, new debts, promissory notes raise public debt by N37tn between April and June The Debt Management Office has said Nigeria’s total...
There are indications that exchange rate crises that trailed the foreign exchange market reforms in June 2023 may linger further as supply gap led to further...
The price of Nigeria’s Bonny Light, weekend, rose to $92.79 per barrel, from $90.88 per barrel, recorded last Tuesday as the impact of extended output cuts...