News
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DMO Clarifies Usage of N2.13trn FGN Borrowing in the First Two Months of 2023
The attention of the Debt Management Office (DMO) has been drawn to a report which stated that the Federal Government…
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AfDB Group and Japan Sign Exchange of Notes for $350m Private Sector Assistance Loan to Finance Bank’s Private Sector Operations
The loan agreement, to the tune of JPY 44.1 million or $350 million, carries an interest rate of 0.11 %…
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Violent Protest Erupts over Naira Scarcity
Violent protesters on Monday torched several commercial bank branches in Sagamu town of Ogun State, over the scarcity of Naira.…
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Investors Already Bet Nigeria’s Next Leader Has No Chance of Fixing Fiscal Crisis
Chance of much-needed reforms after Feb. 25 vote seen remoteDebt service will cost more than the federal government earns Nigeria’s…
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CBN Clarifies Directive to Banks on Old N500 and N1000 Banknotes
The Central Bank of Nigeria ,CBN, has the rumoured directive on the collection of the N500 and N100 notes .…
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2023 presidency: Buhari wants APC to lose – Ganduje
Governor Umar Abdullahi Ganduje of Kano State has come hard on President Muhammadu Buhari for refusing to abide by the…
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Segun Agbaje:
Sounding the death knell for a once prosperous bank? GTCO’s stock in the last five years has lost about 69%…
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Zuckerberg Announces New Instagram Broadcast Feature called ‘Channel’
Meta has rolled out a new feature for Instagram users. Called Instagram Channels, these are broadcast channels that allow creators…
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Nigerian Farmers Blame Naira Scarcity for Low Prices
Nigerian farmers have been among those hit the hardest by the problems associated with the naira redesign policy and currency…
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Oil Prices Fall on Mounting speculation over Fed Policy
Oil prices fell at the end of the week due to concerns that the Federal Reserve would further tighten monetary…
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