News
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First Bank appoints Olusegun Alebiosu as acting CEO
First Bank of Nigeria Limited has announced the appointment of Mr. Olusegun Alebiosu as its Acting Chief Executive Officer, effective…
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Fleeing Binance Executive arrested in Kenya, to be extradited to Nigeria
The Kenya Police Service has arrested fleeing Binance executive, Nadeem Anjarwalla, as the International Criminal Police Organisation moves to extradite…
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Yahaya Bello: EFCC moves to set aside interim order at Appeal Court … appellate court fixes Monday for hearing
The Economic and Financial Crimes Commission, EFCC, has approached the Abuja Division of the Court of Appeal to set aside…
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Stronger Naira Likely to Hurt Non-oil Exporters
Today, we examine the recent developments in the Nigerian foreign exchange markets. We consider the impact of the measures implemented…
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Investors Lost N173.15bn as NGXASI Declined by 0.31%; BDC Rate Depreciated to N1,135/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities The Nigerian stock market ended with a negative market breadth, closing 306.16 points lower.…
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Excess crude account: FG earmarks N16.1 billion monthly to settle states’ N1 trillion debts
The Federal Government has set aside N16.1 billion monthly for the settlement of N1 trillion debts owed by state governments.…
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The Oppressive Monopoly That May Soon Consume Nigeria
Right now, the headquarters of corruption in Nigeria is MTN Nigeria Limited. Does it not amount to the height of…
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External Reserves: Cardoso says CBN not defending Naira
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has addressed concerns over the declining external reserves, maintaining…
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Rising inflation, weak earnings push 10 million Nigerians into poverty in 2023 – World Bank
Rising inflation and weak earnings have pushed 10 million Nigerians into poverty in 2023, according to the World Bank in…
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Justice Minister warns against obstruction of EFCC from lawful duty
The Minister of Justice and Attorney-General of the Federation, Lateef Fagbemi, SAN has warned against obstructing the Economic and Financial…
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