With the World Bank saying it is in talks with Nigeria for a fresh loan of $2.5bn, Nigeria’s total debt burden may hit N24.39 trillion before...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has disclosed that the apex bank would move to further cut the Monetary Policy Rate...
The Executive Board of the International Monetary Fund (IMF) today selected Kristalina Georgieva, from Bulgaria, to serve as IMF Managing Director and Chair of the Executive...
The latest Africa Risk-Reward Index report tracks the evolution of the investment landscape in major African markets, and this year’s edition marks several important and intriguing...
Nigeria’s non-oil sector had failed in contributing a significant number of total exports to Gross Domestic Product, dropping from 31.44% in 2012 to 10.63% in 2015,...
General Electric will refund Arco Petrochemicals Engineering Company Limited an excess of $2 million withholding tax illegally deducted during a business engagement between both parties. The...
As AfDB emphasizes collective action With an estimated 390 million people living in extreme poverty, hunger and food insecurity, Africa is in a race against time...
Access Bank Plc, Custodian and Allied Insurance Plc, International Breweries (IB), Dangote Sugar and Nigerian Breweries (NB) led the gainers’ chart at the end of trading...
Traditional banks should be worried about fintechs and telecommunication companies granted approval by the Central Bank of Nigeria to operate in the financial market, says the...
The Central Bank of Nigeria (CBN), on Tuesday, urged the judiciary to lend a helping hand towards ensuring that bank debtors pay back what they owe....