Economy

The Central Bank of Nigeria deployed approximately $669 million in foreign exchange (FX) interventions during the first quarter of 2025....

...building a Nigeria that works for everyone, not just those with a smartphone and an internet connection

International Breweries Plc has reported a post-tax deficit of N113.6 billion for the 2024 financial year, a 62.2% increase from...

DAAR Communications Plc, the parent company of Africa Independent Television (AIT) and Raypower FM, has announced a post-tax deficit of...

The Nigerian government has engaged the World Bank for a $10.5 million loan aimed at enhancing the technical capacity of...

The naira depreciated by 1.39% to ₦1,552.53/$1 on Thursday, down from ₦1,531.25/$1 on Wednesday. Last week, the currency ended on...

Mastercard has announced a strategic collaboration with Nomba, a leading payment solutions provider, to deliver seamless payment experiences for businesses...

You cannot explain the life of a camel to a whale. It cannot make sense. You go explain tire! Where...

…If Sterling truly commits to this model, it could disrupt traditional banking

The recovery in the Nigerian private sector gathered strength in March, with output, new orders and employment all increasing to...

The naira appreciated by 0.36% to N1,531.25/$1 on Wednesday, from N1,536.82/$1 the last trading session. During the trading session, the...

Sterling Bank announced that it will stop charging transfer fees and ATM card Issuance will also be free. The bank...

Awaiting regulatory approval, the goal is to tap into the increasing flow of trade and investment between Africa and the...

BUA Foods Plc has announced a final dividend of N13 per ordinary share of 50 kobo, following a strong financial...

Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 stood at $23.11 billion, the highest level in...