In an official statement, the World Bank has confirmed that it approved an $800 million loan to the Nigerian government in December 2021. The loan...
The Central Bank of Nigeria (CBN) has ordered banks and other financial institutions to ensure regular monitoring and screening of accounts belonging to Politically Exposed Persons...
The Nigeria Sovereign Investment Authority (NSIA) has rewarded 10 Nigerian innovators with the sum of $60, 000 and equity investments at the NSIA Prize for Innovation....
The Federal and State Governments’ debt stock has risen from ₦46.2 trillion ($103.3bn) in December 2022 to ₦49.8 trillion ($108.3bn) as of March 2023, setting a...
The International Monetary Fund’s board of directors has authorized the immediate delivery of around $120 million (Ush440.4 billion) to Uganda, while warning of higher risks, particularly...
The Naira on Wednesday depreciated against the dollar at the investors and exporters window, exchanging at ₦763.17. The Naira depreciated by 0.87 per cent when...
Stakeholders in the Transportation sector in Ebonyi, have lauded the state government for banning the activities of members of the transportation taskforce in the state. The...
Turkey on Tuesday raised the monthly minimum wage by 30 per cent, the second hike so far this year, as stubbornly high inflation takes its toll...
Following the Central Bank of Nigeria (CBN) new guidelines in the foreign exchange (FX) market recently released, the apex bank has announced further policy changes. ...
Johann Rupert, the prominent business tycoon from South Africa, has dethroned Nigeria’s powerhouse billionaire, Aliko Dangote, to claim the title of Africa’s wealthiest person, according to...