Nigeria’s total debt to the World Bank rose by $2.36 billion in 2024, reaching $17.81 billion by year-end — a 15.3% increase from $15.45...
Seven of Nigeria’s top commercial banks paid a combined N819.95 billion in income tax expenses in 2024, marking a 94.96 per cent increase from the N413.73...
The Nigerian naira continued its downward trajectory in the parallel foreign exchange (FX) market on Thursday, closing at N1,621 to the dollar, a sharp decline from...
Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR, has been conferred with the Freedom of the City of London, one of the...
The President of the group, Mr. Abayomi Monilari, speaking to the press on Thursday in Akure, highlighted the governor’s dedicated attention to the sector as crucial...
In a significant development for Nigeria’s downstream petroleum sector, the Dangote Refinery has reduced the ex-depot price of petrol to ₦865 per litre, effective Thursday morning....
Credit: dpa/NAN Europe’s traditional banks are said to be heading into tougher times, according to a report by Strategy& the strategy consultancy arm of global accounting...
The African Export-Import Bank (Afreximbank) is launching a network of "Afreximbank – African Trade Centres (AATCs)" in key commercial cities across Africa and the Caribbean to...
Credit: NAN The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of 6.83 billion dollars for the 2024 financial year. According...
The Nigerian naira suffered a sharp depreciation against major foreign currencies in the parallel market on Wednesday, April 9, 2025, as uncertainty loomed over the absence...