Economy

A report by the Nigeria Bureau of Statistics (NBS), as indicated a skyrocketing food inflation in Kogi, Kwara, Akwa Ibom....

The naira has continued its strengthen against the United States dollar. The Nigerian currency appreciating N1,050/$ at the official market...

Nigeria’s headline inflation rate soared to 33.2 percent in March 2024, representing a 1.5 percentage points year-on-year (YoY) increase from...

Six commercial banks in Nigeria increased their spending on information and technology (IT) by 44.66 percent to N205.34 billion as...

Operators and experts in the built environment have stated that the recapitalization of the Federal Mortgage Bank of Nigeria has...

United Bank of Africa Plc (UBA), one of the Nigeria’s leading Banks, has hinted on a well-defined strategy to boost its...

In a country with short-lived corporate excellence and a handful of centenary companies, hitting 130 years is undoubtedly a significant...

Dangote Cement, Zenith Bank Plc, BUA Cement and 33 other listed firm, have proposed a final total dividends of N3.056...

Zenith Bank Plc has announced its audited results for the year ended December 31, 2023, achieving a remarkable triple-digit growth...

The International Monetary Fund (IMF) has said that subsidies and tax breaks are not absolute solutions to slow economies. The...

South African banks have weathered rough seas during the past year, with many of their customers coming under severe pressure...

Investors are currently favouring investment in Treasury bills and bonds ahead of private sector funding amid high interest rates. It...

Wema Bank Plc, one Nigeria’s Commercial banks, has recorded a 32 percent increase in its operating expenses to N78bn in...

Nigerian Banks with Most Customer Complaints in 2023: Access Holdings, United Bank for Africa (UBA), Zenith Bank, Guaranty Trust Holding...

Mr. Sunday Thomas, the commissioner for insurance/CEO, National Insurance Commission, NAICOM, has said Artificial intelligence (AI) is key to the...