All posts tagged "Featured"
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273Banking & FinanceCentral Bank Halts Four MFBs from Onboarding New Customers
In a move highlighting ongoing scrutiny of foreign exchange transactions, the Central Bank of Nigeria (CBN) has directed four major Microfinance Banks...
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383Banking & FinanceLagos, Rivers lead States in ₦18b Bank Fraud Loss
The Nigeria Inter-Bank Settlement System has revealed that Lagos, Rivers States and the Federal Capital Territory led the financial fraud count in...
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370Industry & MoneyCredit to Manufacturing Sector up 39% to ₦7.73tr
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...
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215UncategorizedNCC Urges Telcos to Share Infrastructure for Better Service, Lower Costs
The Nigerian Communications Commission (NCC) has urged telecom companies in Nigeria to work together and share infrastructure. This collaboration aims to reduce costs...
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133Industry & MoneyFG Plans $10b Diaspora Investment fund
The federal government has announced plans to set up a $10 billion diaspora fund to attract investment from citizens living abroad. Minister...
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1.2KOpinion‘No Short Cut to Naira Appreciation’
A Nigerian senator, Ned Nwoko, has advised the Federal Government and the Central Bank of Nigeria (CBN) against any measures that capable...
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180Economy & MarketEconomic and Market Report: Week Ended 26-04-2024
Global Economy Preliminary estimates from the United States (US) Bureau of Economic Analysis show that the US economy expanded by 1.6% q/q...
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249Telecoms & ITForex: Telecom Operators Seek NCC Nod for Tariff Hike
Telecommunications operators in the country including MTN Nigeria and Globacom have asked for Federal Government approval through the Nigerian Communications Commission to...
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157Industry & MoneyFG Revokes 924 Mining Licences
The federal government has revoked 924 dormant licences spanning exploration, mining, small-scale mining and quarrying. The Minister of Solid Minerals Development, Dr...
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155Business NewsFG’s deficit spending rises 52% to ₦12.86tr
The Federal Government recorded a 52.9 per cent, year-on-year (YoY) increase in deficit spending to N12.86 trillion in 2023 from N8.41 trillion...
