Finance

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%...

Since 2018, EAAIF has raised more than $1 billion in commitments across three debt raises. New funding fuels EAAIF’s plan...

Nigeria's gross external reserves have surged to N38.38 billion, signalling a modest improvement in Nigeria’s external buffer after a period...

In a strategic move to address Nigeria’s infrastructure financing gap, First Asset Management, one of Nigeria’s leading investment managers and...