Latest News
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172Banking & FinanceCBN Classifies Inactive 10-year Accounts as Dormant
The Central Bank of Nigeria (CBN) has clarified that only accounts that have been inactive for over 10 years are eligible to...
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88Industry & MoneyNERC: Discos Raked in ₦291.6b Revenue in Q1
A new report by the Nigerian Electricity Regulatory Commission (NERC) has indicated that power Distribution Companies (Discos) in the country made N291.62...
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122Local NewsBVN Enrolments Surge by 854,267 to 62.7m in Two Months
Enrolment for the Bank Verification Number (BVN) by bank account owners surged to 62.7 million as of July 2024, recent data from...
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814OpinionMPC Tightens Policy Corridor… Will Price Pressure Drivers Bait the New Hook?
In tandem with our expectation, the Monetary Policy Committee (MPC) raised the benchmark interest rate by 50bps to 26.75% on Tuesday, –...
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973OpinionSecond Chance Hiring Is A Transatlantic Opportunity
Helping criminal record holders plug UK and US labour gaps can boost business and society We have a problem: structural labour shortages...
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155Economy & MarketEconomic and Market Report: Week Ended 26-07-2024
Global Economy According to the Bureau of Economic Analysis (BEA), the US economy grew by 2.8% q/q in Q2-24 (Q1-24: 1.4% q/q)...
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118Business NewsVehicle Importation Falls 60.8% in H1’24
The number of vehicles imported into the country fell sharply by 60.4 per cent, year-on-year, YoY, to 10,991 in the first half...
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245Industry & MoneyManufacturers Association Seeks FG’s Protection of Local Investors
The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to prioritise the protection of local investors and actively take...
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215Local News‘Nigeria Lagging In Gas Flaring Reduction’
Despite concerted efforts, Nigeria has yet to make significant progress in reducing gas flaring, according to the Minister of State for Environment,...
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211Business NewsNigeria’s Debt Service Ratio Dropped by 29% in 1 year –Edun
Nigeria’s Finance and Coordinating Minister of the Economy, Wale Edun, on Thursday, reported a dramatic drop in the debt service ratio from...
