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...
The average retail price for cooking gas increased by 83.62 per cent from N2057.71 in March 2021, according to a new report by the National Bureau...
Shares in Netflix have slumped by 35% after it revealed a sharp drop in subscribers and warned millions more are set to quit the streaming service....
The International Monetary Fund (IMF) has said rising private debt would slow economic recovery in Nigeria and across the world, stating vulnerable households and firms might...
Federal Capital Territory Administration (FCTA) said it is set to compete with Lagos State in revenue generation through a radical revenue drive. Lagos is the highest...
About 25 per cent of the projected N4.5tn capital expenditure in the 2022 Appropriation Act may not be funded, going by the funding priority of the...
According to the World Bank, raising fuel subsidies puts the Nigerian economy at risk since subsidy payments might have a substantial impact on public finances and...