The World Bank has said that the incoming administration in Nigeria will face weak economic growth and policy challenges this year. In its latest Africa’s Pulse...
The Federal Government has announced a $800 million World Bank grant, as part of its subsidy palliatives measures. The Minister of Finance, Budget and National Planning,...
… Lagos, Ibadan Top List Peer-to-peer Bitcoin platform, Paxful, with 1.5m users in Nigeria, has announced that it is shutting down its operations. This was disclosed...
American business magazine, Forbes, in its 2023 list of 25 richest people in the world, featured Bernard Arnault on the No. 1 spot, followed by Twitter...
No fewer than 173 digital lending applications have been approved to operate in Nigeria by the Federal Competition and Consumer Protection Commission. The PUNCH reports that...
The Federal Competition and Consumer Protection Commission has approved 173 digital lending applications to operate in the country. Of the 173, 119 have full approvals and...
There are indications that foreign investors are not yet comfortable with Nigeria’s external sector position as well as the political environment as Foreign Portfolio Investments, FPIs,...
The oil price has surged to $86 per barrel after the world’s largest producers, the Organisation of the Petroleum Exporting Countries (OPEC) announced a surprise cut...
Federal Government’s borrowing from China has grown by 209.15 per cent under President Muhammadu Buhari administration. This is as total bilateral loans rose by 219.91 per...
First Bank of Nigeria Limited has announced a phased corporate name change for its subsidiaries in the United Kingdom and Sub-Saharan Africa. The bank disclosed this...