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News
IMF to FG: Implement cash transfer programme before addressing fuel, electricity subsidies
The International Monetary Fund (IMF) has emphasised the need for the Nigerian government to prioritise the full implementation of its…
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Leaders
Bank of Ghana suspends FX trading licences of GTB, FBN over ‘regulatory breaches’
Bank of Ghana suspends FX trading licences of GTB, FBN over ‘regulatory breaches’ The Bank of Ghana says it has…
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News
FG Summons Abuja, Ibadan Discos, TCN over Worsening Power Supply in 10 States, FCT
•Set to query other non-performing power distributors The federal government yesterday announced that it had summoned the leadership of Abuja…
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News
President Tinubu signs seven bilateral agreements with Qatar across multiple sectors
President Bola Tinubu on Sunday signed seven bilateral, multi-sectoral agreements with the government of Qatar, aimed to boost investment…
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Finance & Economy
U.S dollar set for first weekly fall in 2024 while naira shows momentum
The U.S. dollar index was on track for its first weekly fall in 2024 while the naira appreciated at the…
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Finance & Economy
Foreign investors still wary as Cardoso pitches for hot money inflows
Data from the Nigerian Exchange (NGX) reveals that foreign participation in the Nigerian equities market dropped to 8.15% in January…
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Finance & Economy
Currency in Circulation up 163% YoY Reaching N3.65trn as of January 2024
Money Supply statistics from the Central Bank of Nigeria (CBN) as of January 2024 revealed that currency in circulation (CIC)…
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Finance & Economy
Extending Beyond Wall Street: Abuse of Shareholder Jets by African Bank Executives
While most of the spotlight remains on North American and European financial giants, executives at leading African banks and funds…
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Finance & Economy
CBN Revokes Operational Licenses of 4,173 BDCs
The Central Bank of Nigeria (CBN), in exercise of the powers conferred on it under the Bank and Other Financial…
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News
MTN Nigeria incurs N740 billion in forex losses, shareholders funds wiped out
MTN Nigeria Plc has reported a loss before tax of N177.8 billion compared to a pre-tax profit of N518.8 billion…
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