Finance

The latest African Economic Outlook 2025 (AEO) by the African Development Bank (AfDB) projected that Nigeria was expected to record...

President Bola Ahmed Tinubu has sought the National Assembly’s approval for fresh loans’. The president requested the legislature to approve...

The naira fell in the official market on Tuesday to N1,584/$1, from the previous close of N1,579/$1. This is the...

Formal remittance inflows to Africa hit $90.2 billion in 2023, almost double what the continent received in foreign aid

The naira strengthened further in the official market on Monday, closing at N1,579/$1 from the last close of N1,580/$1. Monday’s...

Mukhtar Galadima, director of Development Control, stated that the sealed properties were in furtherance of the FCTA’s plan to reclaim...

Foreign portfolio investment in the Nigerian equities market fell by 92.4% in April 2025, dropping to N26.64 billion from N349.97...

Nigerians living abroad in the first four months of this year sent $328.76 million back home in direct remittances between...

The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, has announced plans to auction N300 billion...

Stanbic IBTC Bank recently hosted a two-day interactive workshop for its corporate clients, focusing on the adoption of the Nigeria...

The naira witnessed a mild depreciation in the official market on Thursday, closing at N1,585/$1, down from the previous close...

Mr. Olawale Edun, Finance Minister and coordinating Minister of the Economy, has charged the New Board of Directors of the...

The Federal Government of Nigeria has inaugurated a new board for the Asset Management Corporation of Nigeria (AMCON) to accelerate...

The world’s largest PC maker earned $90 million in net profit for the quarter ending 31 March

The naira recorded notable improvement against the U.S. dollar on Wednesday, closing at N1,584/$1 in the official market, a 0.38%...