Nigeria’s total public debt stock increased to N46.25 trillion or $103.11 billion as of December 2022, the Debt Management Office (DMO) disclosed on Thursday. According...
The Nigeria Deposit Insurance Corporation (NDIC) on Thursday in Enugu assured depositors of the safety of their money against unusual bank failures. The assurance was given...
The World Bank has announced that Indian-American business executive, Ajay Banga, will be appointed to replace David Malpass, the President of the global financial...
In a bid to strengthen Nigeria’s financial ecosystem, Access Bank has partnered with AfriGOpay, a financial services business affiliated with the Nigeria Inter-Bank Settlement System...
The Nigerian naira has continued to depreciate against major currencies, according to recent data from the country’s official and unofficial foreign exchange markets. At the parallel...
A new MiFi and Router offer which connects up to 32 Wi-Fi-enabled devices including smartphones, tablets, laptops, smart TVs, and game consoles has been...
Sterling Bank has banned the company’s directors and other individuals with access to sensitive materials relating to the firm’s financials from trading its shares....
By Marcel Okeke Regrettably, for the umpteenth time, a critical driver of the hyper inflationary trend in Nigeria has been identified as the ever-rising price and...
Dangote Industries Ltd. plans to ensure that Nigeria becomes self-sufficient in cement, agriculture, mining and petroleum products. The Regional Sales Director, Southeast Dangote Cement, Dr Abayomi...
The challenges of the Nigerian economy seems to be intractable due to the following factors, namely, over reliance on oil which discouraged effective diversification, committal of...