As a result of the increased cost of doing business in Nigeria, telecommunication companies have proposed to the Nigerian Communications Commission (NCC) a 40% rise in...
The International Monetary Fund (IMF) has projected that Nigeria’s Consumer Price Index will hit 16.1 per cent in 2022. It stated this in its Regional Economic...
MTN Nigeria has reported 22.2% growth in revenue for Q1 2022, amid fall in subscriber base, as regulatory restriction on new SIM sales and activations continue...
Seplat Energy Plc, in its unaudited results for the three months ended March 31, 2022, recorded a rise in profit before tax by 197.8 per cent...
United Bank for Africa (UBA) Plc has released its unaudited results for the first quarter ended March 31st, 2022, posting a gross earnings of N183.9 billion...
Ten Deposit Money Banks in Nigeria earned a total of N1.57tn in net interest income last year, up from N1.49tn as of December 31, 2020. They...
Quantity of currency in circulation in the country dropped by N4.59bn to N3.24 trillion in March from N3.25 trillion in February 2022. The Central Bank of...
The President of the World Bank Group, David Malpass, has said the bank is working on a crisis response of around $170bn in financing capacity to...
Wema Bank says its attention has been drawn to recent reports in the media regarding money laundering and bribery allegations on a customer’s transaction. It said...
Brent, the global benchmark for crude oil, rose marginally in price on Thursday, as the Organisation of Petroleum Exporting Countries (OPEC) projected that the demand growth...