Nigeria closed 2.021 million bank accounts in the first quarter of 2024, Q1’24, in effort to clean their books of questionable accounts...
Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating...
EQUITIES The local bourse closed on a bullish note today driven by renewed interest in MTNN (+4.0%) and FBNH (+6.9%). Consequently, the NGX...
Amidst tight monetary policy and economic contractions, loan portfolio of leading Deposit Money Banks in Nigeria expanded by 57 percent to N37.17...
In a move highlighting ongoing scrutiny of foreign exchange transactions, the Central Bank of Nigeria (CBN) has directed four major Microfinance Banks...
The Federal Government on Monday announced the commencement of the 2024 oil bid rounds in accordance with the provisions of the Petroleum...
The Nigeria Inter-Bank Settlement System has revealed that Lagos, Rivers States and the Federal Capital Territory led the financial fraud count in...
EQUITIES The domestic stock market kicked off on a bearish note as sell pressures on GTCO (-7.9%), DANGSUGAR (-10.0%), SEPLAT (-2.3%) and...
To checkmate FX volatility, the Association of Bureaux De Change Operators of Nigeria (ABCON) has revealed that it is working on establishing a...
In spite of numerous challenges confronted by manufacturers in Nigeria, the manufacturing sector’s borrowings from the nation’s banking sector rose by N2.17 trillion...
Asia Stocks Gain Led by Tech as Gold, Bitcoin Rise
GenCos Count Losses, Say Grid Collapses Pose Danger to Power Sector
‘Manufacturers Reduce Production Time to Eight Hours Daily Due to Power Crisis’
NNPC to Deploy Low Security Risk, High Integrity Oil Pipelines Nationwide
NEC Moves to End Grid Collapse, Sets Up 13-man C’ttee on National Electrification
Smaller Banks Begin USSD Debt Repayments –Telcos
Oil Heads for Weekly Gains on Anxiety Over Intensifying Ukraine War
Selloffs on Banking Stocks Drag the Bourse as ASI Down 0.2%
Asian Stocks Fall on Nvidia, Geopolitical Risks
OCP Boosts Fertilizer Production with $43.1m