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...
Stakeholders in the petroleum industry, weekend, frowned over the Federal Government’s proposed $800 million fuel subsidy palliative to be shared with Nigerians. As part of a...
The performance of the naira was mixed across the various market segments in the currency market on Monday. At the parallel market, the naira weakened by...
The value of electronic payment transactions rose year-on-year (YoY) by 298 percent to N135.52 trillion in the first quarter of the year (Q1’23) from N34.04 trillion...
Barely one month after the reintroduction of old N200, N500 and N1,000 notes, some residents of Anambra have decried the unavailability of the new notes in...
The World Bank has revealed that Nigeria used 96.3 per cent of its revenue generated in 2022 to service debt, saying that the constant fiscal deficit...
The International Monetary Fund says the recent slowdown witnessed in Foreign Direct Investment, especially in developing countries can be linked to the divergent trade patterns among...