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Business and Economy
Nigeria’s Inflation Rate Hits 22.41% As Price Of Goods Increase
Nigeria's inflation has risen to 22.41%, a new record high of close to two decades.A report released by the National Bureau of Statistics on...
NCC targets 27 million Nigerians without telecom access
The Nigerian Communications Commission (NCC) has announced its commitment to expanding telecommunication services to the 27 million Nigerians currently without access to telecoms. Through...
Sanlam partners with aYo Holdings to transform insurance in Nigeria.
Sanlam, a global insurer, has formed a partnership with microinsurance fintech company, aYo Holdings, to revolutionize the insurance sector in Nigeria. The collaboration aims...
Putin Set To Meet African Leaders To Discuss Russia-Ukraine Grain Deal
Russian President, Vladimir Putin is scheduled to meet with leaders of African countries on Saturday, June 17 in St Petersburg, according to presidential aide...
Six key facts about Mohammed Umar Abba, the acting Chairman of the EFCC:
1. Mohammed Umar Abba was born on June 22, 1965, in Tudunwada Local Government Area of Kano State. 2. Abba obtained his first degree from...
Mbah pledges to boost Enugu’s GDP from $4.4 billion to $30 billion.
Governor Peter Mbah of Enugu state has established a target for his administration to elevate the state's Gross Domestic Product (GDP) from $4.4 billion...
CBN Orders Commercial Banks To Trade Forex At Any Rate
There are indications that the Central Bank of Nigeria, CBN has directed banks to trade foreign exchange at any exchange rate in the Investors...
Nigerian Stocks Surge 15-Year High Days After Emefiele’s Suspension
Days after Governor of the Central Bank of Nigeria, Godwin Emefiele was suspended by President Bola Tinubu, Nigerian stock market surged to its highest...
TrustBanc shareholders greenlight N1.5bn capital boost
The approval aims to strengthen the bank's position as a leading lender in the public sector and support its expansion into other retail lending...
Globus Bank Faces N1.7 Billion Loss After Cyberattack; Seeks Legal Action for Recovery
Globus Bank Limited has suffered a significant setback as hackers exploited a system glitch, resulting in the withdrawal of N1.755 billion from customers' accounts....
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