Economy

International business mogul, Dr Sami Charles has called for better and more unification approaches among African nations in all aspects, especially in economic, ...

Governor of Central Bank of Nigeria, CBN, Mr. Olawale Cardoso said the apex bank will continue to implement bold reforms that make the ...

The Nigerian Deposit Insurance Commission (NDIC) has commenced the liquidation process of failed Heritage Bank with verification and payment of the bank depositors. ...

Lagos State Governor, Mr. Babajide Sanwo-Olu, and his counterparts from Sokoto and Borno States have emphasised the need to make the country’s tax ...

The federal government said the debts were revealed in data aggregated from over 5,000 debtors across more than 93 MDAs. The director of ...

A fresh round of squabbles is currently rocking the board of First Bank of Nigeria, a development shareholders fear poses major threat to ...

The Kwara State Internal Revenue Service (KW-IRS) has again assured taxpayers in the State of its commitment to seamless discharging of its mandate. ...

The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change Operators, accusing the affected institutions of failing to ...

Director of Financial Derivatives Company Limited, Bismarck Rewane, says the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) should meet ...

The price of 1 kilogram (Kg) of rice increased year-on-year, YoY, by 81 percent to N917.93 in December 2023 from N506.17 in the corresponding ...

Wema Bank, Nigeria’s foremost innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT, set a record-breaking precedent in 2023, with ...

The Redemption City Career Fair, hosted by the Redeemed Christian Church of God (RCCG),brought together over 1000 youths, focusing on promoting job creation ...

The Federal Government in collaboration with the Bank Of Industry (BOI) will begin the disbursement of loans worth N75billion  to micro, small and ...

Some young entrepreneurs at the National Youth Service Corps Orientation Camp in Yikpata, Edu Local Government Area of Kwara State, North Central Nigeria, ...

Kwara State Governor AbdulRahman AbdulRazaq on Monday declared open the 10th Kwara Trade Fair in Ilorin, pledging continuous upgrade of existing infrastructure and ...

The Central Bank of Nigeria (CBN) says it will freeze accounts without a Bank Verification Number (BVN) or National Identification Number (NIN) from ...

With plans by the Central Bank of Nigeria (CBN) to introduce a new capital base for deposit money banks in Nigeria, economists have ...

Nigeria and Germany, on Tuesday, expanded their partnership as they signed two Memoranda of Understanding (MoU) on the supply of gas from Nigeria ...

Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has said the Federation Account is witnessing improved revenue inflow since ...

The Lagos State Internal Revenue Service (LIRS) has announced the immediate deployment of an upgraded process for the collection of Hotel Occupancy and ...

Kwara State Government has struck a partnership deal with the Nigerian Export Import Bank towards facilitating export-related industrialization and investment promotions around local ...

In a bid to enhance employment opportunities and create jobs for Small and Medium Enterprises (SMEs), a United Kingdom based Nigerian Enterprenuer, Mr. ...

The Federation Account Allocation Committee (FAAC) has shared N903.480 billion for September 2023 Federation Account Revenue to the Federal, state and Local Governments.    ...

Amidst the inflationary impact of the removal of petrol subsidy, President Bola Tinubu has indicated that the measure has achieved desired objectives.  But leading economists and investment ...

The International Monetary Fund, IMF, has raised alarm over the negative effects of high inflation on consumption of goods and services in the country, ...

An Industrialist, Mr. Damilola Shittu, has called on the Federal government to control the rate at which finished goods are being imported to ...

Senator Adams Oshiomhole says government must intervene to stabilise the country’s currency, the naira, saying market forces cannot do such.  Nigeria’s currency exchanges ...

Manufacturers Association of Nigeria (MAN) Kwara/Kogi States branch on Tuesday tasked both federal and state governments to harmonize the taxation system which often ...

Zenith Bank, Access Holdings, GTCO, UBA and eight other banks listed on the floor of the Nigerian Exchange raked in a whopping N72.723 ...

President Bola Tinubu has commended Indian investors for significant investment pledges amounting to $14 billion committed during the Nigeria-India Presidential Roundtable and Conference ...

The federal government has said that it is no longer in a position to borrow more money but will rather seek to create ...

The Central Bank of Nigeria (CBN), Monday disclosed that it will reverse the slide of the naira as it has lined up intervention ...

The Director-General of the World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala, said Nigeria needs to introduce community and

ALAT by Wema, a trailblazing digital bank, has  announced the launch of its eagerly anticipated Summer Internship Program which will not only serve ...

RENOWNED economist and author, Dr. O.A Lawal has told the Central Bank of Nigeria (CBN) to stop the Naira floating policy it introduced ...

The Peoples Democratic Party (PDP) 2023 presidential candidate, former vice president, Atiku Abubakar, has described the Economist Intelligence Unit report on the election ...

WemaBank announces its unaudited results for Half Year ended 30th June 2023. The commercial bank achieved improved performance including Gross Earnings of ₦89.09bn, ...

The Corporate Affairs Commission has said it will remove 100,000 registered companies from its database soon. During a training on ‘Use of the ...

The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 25 basis points to ...

The Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of N5.5 trillion for the half-year period of January to June ...

Wema Bank PLC, the leading financial institution in Nigeria and the pioneer of Africa’s first fully digital bank, ALAT, yesterday announced the launch ...

Kwara State Government on Monday expressed satisfaction that more businesses are springing up in the state owing to the business friendly policies and ...

Nigeria’s total public debt as of March 31, 2023 has grown to N49.95 trillion ($108.30 billion). The country’s public debt added another N3 ...

Kwara State Governor, AbdulRahman AbdulRazaq has approved the inclusion of Nano Businesses to benefit from the 5,545 second phase of the Kwara NG-CARES ...

The Central Bank of Nigeria (CBN) has lifted its restriction on domiciliary accounts while allowing account holders to make withdrawals of up to ...

About 180 participants from several European countries and Nigeria participated at the just concluded Nigeria Belgium Luxembourg Business Forum in Brussels with many ...

Wema Bank Plc, the leading financial institution in innovation and technology has launched Phygital Branch, a self-service platform that combines the best aspects ...

The Lagos Internal Revenue Service (LIRS) and the Federal Inland Revenue Service (FIRS) have issued a public notice on the Memorandum of Understanding ...

All is set for the Nigeria–Belgium–Luxembourg Business Forum holding in Luxembourg and Brussels from June 7 to 9, 2023. The Business Forum is ...

The attention of the Central Bank of Nigeria (CBN) has been drawn to a news report by Daily Trust Newspaper of June 1, 2023, ...

Small and medium enterprise (SME) owners at the just-concluded Wema Bank SME Business School held in Benin have lauded the bank for the business transformation ...

Access Bank has rewarded 55 members of the batch A, stream two of the National Youth Service Corp (NYSC) with various cash grants. ...

The new Governor of Abia, Dr Alex Otti, on Monday, said his administration will within the next month, launch a N10 billion Micro, ...

The Central Bank of Nigeria has revoked the operating licenses of 132 microfinance banks in the country,  alongside those of four primary mortgage ...

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said the Dangote Oil Refinery is expected to generate 12,000 megawatts of ...

The Chairman of Dangote Group, Aliko Dangote, has said that the first tranche of petroleum products from the refinery will be supplied to ...

President Muhammadu has called for sustained use of digital tools by Government Ministries, Departments and Agencies to encourage the ease of doing business. ...

Wema Bank, the leading innovative bank in Nigeria, has announced the launch of its flagship capacity-building programme for small and medium-sized enterprises (SMEs) ...

The Central Bank of Nigeria (CBN) has given banks and other financial institutions a 30-day timeline to close accounts without Bank Verification (BVN). ...

World Wildlife Fund(WWF) and Finance Earth (FE) have launched $100 million initiative to ensure the transition to more sustainable fisheries worldwide.    The ...