Economy

The African Export-Import Bank (Afreximbank) has signed a $1.04 billion facility with the Nigerian National Petroleum Corporation (NNPC) to finance...

Bearish sentiments resurfaced on the Nigerian Exchange (NGX) on Wednesday with key indices dropping by 0.22 per cent on profit...

American business magazine, Forbes, says 44 newcomers joined its list of 400 America’s richest people in 2021, a post on...

The Federal Inland Revenue Service (FIRS) says it generated the sum of N4.2 trillion  between January and September 2021, in...

The Organisation of Petroleum Exporting Countries (OPEC) has revised the 2021 world oil demand forecast downward to 5.7 million barrels...

Transactions on the Nigerian stock market closed on a positive note with the market capitalisation gaining N644 billion to hit...

The Central Bank of Nigeria (CBN) says the faking of higher denomination banknotes in Nigeria dropped 20.80 per cent in...

The United Nations Economic Commission for Africa (UNECA) has announced the establishment of the Liquidity and Sustainability Facility (LSF), dedicated...

Nigerian Breweries Plc has posted N309.22 billion in revenue for the nine months ended September 30. The Company Secretary/Legal Director,...

The Group Managing Director/Chief Executive Officer of United Bank for Africa (UBA) Plc, Kennedy Uzoka, has been announced as the...

Following the launch of the eNaira by President Muhammadu Buhari, the application for the digital currency introduced by the CBN...

Nestlé Nigeria Plc has posted a profit before tax (PBT) of N51.58 billion for the third quarter ended September 30....

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 7 pips to 6.4307 against the U.S....

Economic growth in China slowed to 4.9 per cent year-on-year in the third quarter, according to data released on Monday...

Chapel Hill Denham Advisory Ltd has achieved a landmark with the listing of the Nigerian Exchange Group Plc (NGX Group)...

Low-income countries’ debt rose by 12 per cent to $860 billion in 2020, the International Debt Statistics (IDS) 2022 report...

The Securities and Exchange Commission (SEC) has granted MTN Nigeria Communications approval to launch its series II 10-year Fixed Rate...

Mr Mustapha Haruna, Director, Banking Supervision Department, Central Bank of Nigeria (CBN), has said that the apex bank would continue...

The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Kennedy Uzoka, has said that the main priority...

The Lagos Chamber of Commerce and Industry (LCCI) has anticipated an improvement in the third and fourth quarters growth performance...