Finance & Economy
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Markets reverse as Tinubu reforms lose steams
Nigerian stocks and Eurobonds are now taking a breather from Bola Tinubu’s blistering start to life as President with signs…
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Jumia Records Lowest Losses in 4 Years
The impact of high inflation on Jumia is underscored by the loss of a staggering one million customers in Nigeria…
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FBNH Shareholders Assent to Capital Raise
Following the conclusion of the share capital raise of Fidelity Bank through a Private Placement of 3.04bn ordinary shares of…
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PenCom to RSA holders: take advantageof Non-Interest Fund VI
The National Pension Commission (PenCom) has urged Retirement Savings Account (RSA) holders to take advantage of the benefits of the…
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Banks struggle to meet demand for PTA, BTA ahead of impending Naira crash
Nigeria’s lingering foreign exchange (FX) scarcity is currently keeping Deposit Money Banks (DMBs) resources grossly overstretched as they struggle to…
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Food inflation: How Nigeria can use technology to address food waste -Tunde Kara
The Nigerian Government is urged to enhance storage and transport infrastructure, collaborate with food-tech firms to drive evidence-based policy choices…
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Forex: CBN moves to stop naira free fall
The Central Bank of Nigeria has said it is set to take new measures to stabilise the naira against the…
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CBN: From Debt Headaches to Reserve Migraines
The 2022 financial statements of the Central Bank of Nigeria (CBN) have whipped up emotions ranging from the fast and…
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N1000/$ Mark: Nigeria’s Currency Struggles and Squirms Ahead
The Nigerian Naira is grappling with a fast burn fall against the US Dollar, particularly in the parallel market, where it trades at a premium…
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CBN threatens to sanction banks engaging in illegal sales of Forex
The Central Bank of Nigeria (CBN) has threatened to punish banks engaging in illegal sales of forex. The acting Governor of CBN, Folashodun Shonubi, who disclosed…
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