The International Monetary Fund has warned that debt servicing may gulp 100 per cent of the Federal Government’s revenue by 2026 if the government fails to...
The head of the World Bank has warned that Russia’s invasion of Ukraine could cause a global recession as the price of food, energy and fertiliser...
Nigerian companies across the country both local and foreign-owned paid to the account of the federal government a total of N532.48 billion in tax in the...
The Central Bank of Nigeria (CBN) has taken steps to protect the financial system from cases of money laundering through Other Financial Institutions (OFIS) such Microfinance...
The policy-setting committee of the Central Bank of Nigeria (CBN) has voted to raise the monetary policy rate (MPR), which measures interest rate, to 13 per...
MTN Nigeria lost its position as the most valuable firm in the Nigerian capital market to telecoms rival, Airtel, as shareholders investment in the firm led...
Nigeria’s Gross Domestic Product (GDP) increased by 3.11 per cent in the first quarter of 2022, according to figures from the National Bureau of Statistics’ (NBS)...
The value of Nigeria’s international trade deficit rose by 175.13 per cent from $152.94m in January 2022 to $420.79m in March 2022, according to data from...
The poor performance of the Nigerian currency continued at the Black market segment of the foreign exchange (forex) market. On Monday morning, visits to where black...
Naira continued its depreciation against the US dollar on Monday as Nigerians were forced to pay for a dollar at N610 in Lagos. This was a...