Economy

The Federal Accounts Allocation Committee (FAAC) disbursed N15.26 trillion to the federal, state, and local governments in 2024, a 40%...

The Nigerian stock market ended the week on a guarded note as the NGX All-Share Index closed Friday at 105,955.13...

The naira lost its ground against the dollar in the official market, depreciating by 0.32% to N1,532.93/$1 on Tuesday, down...

Verve International, Africa’s first and largest domestic payments scheme and a subsidiary of the Interswitch Group, has been named in...

The financial automation market was valued at USD 6.6 billion in 2023 and is projected to grow at a CAGR...

The naira declined to N1,528.03/$1 in the official market on Monday, dropping 0.66% to N1,528.03 from last week's closing rate...

The Central Bank of Nigeria (CBN) has disclosed that foreign debt service gulped about $5.47 billion between January 2024 and...

MTN CEO Ralph Mupita revealed that Ghana and Uganda are already in advanced stages of the process, while Nigeria's regulatory...

Wale Edun, minister of Finance and coordinating minister of the Economy (Nigeria), has met with the Prime Minister of Barbados,...

In a significant move to streamline pension management and enhance customer experience, Stanbic IBTC Pension Managers, a prominent Pension Fund...

The Nigerian naira had a comeback on Friday, closing at ₦1,517.93/$1 in the official market after a 2.1% appreciation from...

First Bank Nigeria Limited (FirstBank), has denied allegations of fraud level against the bank by a customer. Recall that Dr....

Through a legacy of excellence and Innovation, First Bank of Nigeria Limited, the country’s oldest and most distinguished financial institution,...

The Securities and Exchange Commission (SEC) has suspended Centurion Registrars Limited, along with its directors and sponsored individuals, from participating...

PZ Cussons Nigeria Plc shareholders have voted against a proposal to convert ₦51.7 billion in outstanding debt owed to its...