Finance & Economy
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Headline Inflation Increases by 21.09% YoY in October 2022 as Food Inflation Rises by 23.72%
In October 2022, on a year–on–year basis, the headline inflation rate was 21.09%. This was 5.09% points higher compared to…
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NDIC Set to Pay Depositors of 20 Liquidated Banks
The Managing Director, of Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has said the corporation has concluded plans to pay…
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AMCON recovers N307bn debt in two years
The Asset Management Corporation of Nigeria recovered a total of N307 billion debts between 2020 and 2021. An inter-agency…
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Financial Account Shifts to Surplus in Q2 2022
Today, we now turn our attention to the financial accounts, in continuation of our note on the balance of payments…
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Vice-President Yemi Osinbajo has asked the Nigerian Economic Summit Group (NESG) to focus on pressing national issues at its upcoming summit
Osinbajo spoke during a meeting with a delegation of the NESG at the presidential villa on Tuesday, according to a…
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Address cost of doing business, NACCIMA tells FG
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has urged the Federal Government to devise urgent steps…
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An Improved Current Account Surplus
According to the most recent Quarterly Statistical Bulletin (QSB) from the central bank (CBN), Nigeria’s current account posted a higher…
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N900,000 Vanishes From A First Bank Customer After Unblocking Account
Muibat Olayemi, a Lagos coconut trader, has accused First Bank of negligence resulting in the loss of the N900,000 in…
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NAICOM urges shareholders to demand insurers’ accountability
The Commissioner for Insurance, Mr Sunday Thomas, has said it is important for shareholders to ask the management of the…
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AfDB, others mobilise $31b investment for Africa 
The African Investment Forum (AIF), a joint special investment vehicle of the African Development Bank (AfDB) and six other partners,…
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