Economy

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 ...

An Agricultural Value Chain Company, KCCL on Thursday inaugurated a fully solar-powered cold room in Ilorin, Kwara State. A technology-innovative cold room which ...

Kwara State Governor AbdulRahman AbdulRazaq on Monday said the administration is committed to making the business climate more friendly for investments, commending the ...

Lagos, Nigeria – Wema Bank, a leading Nigerian financial institution renowned for its innovative banking solutions and Africa’s first fully digital bank, is ...

Kwara State Government has commenced the process of adopting the Nigeria Startup Act, which aims to provide support to startups and new businesses ...

The Federal Government has approved the release of N45.3 billion as reimbursement to States and the FCT for the implementation of the Nigeria ...

The Manufacturer Association of Nigeria (MAN) has urged the in-coming administration to give maximum priority to the productive sector, noting that the economy ...

Loan apps on Play Store will lose their ability to access their users’ contacts or photos from May 31, 2023. This came as ...

The Chinese government said its delegation headed by its ambassador to Nigeria has met with President-elect Bola Tinubu to discuss diplomatic and trade ...

The Kwara state executive council has approved offset of its local debt stock with the outstanding payment of its share of the federal ...

The Federal Competition and Consumer Protection Commission has approved 173 digital lending applications to operate in the country. Of the 173, 119 have ...

Wema Bank Plc has announces Moruf Oseni as the substantive Managing Director and Chief Executive Officer effective April 1, 2023. After serving in ...

The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, Tuesday, apologised to Nigerians for the failed online transactions. Emefiele admitted challenges faced by ...

Wema Bank Plc, Nigeria’s leading Innovative Financial Institution is championing financial literacy for the next generation by participating in the Global Money Week ...

The Minister of Communications and Digital Economy, Prof. Isa Pantami, says President Muhammadu Buhari has approved the exemption of the digital economy sector ...

Some economists have urged the Central Bank of Nigeria (CBN) to comply with the Supreme Court’s ruling, making the old Naira notes to ...

Kwara State Governor AbdulRahman AbdulRazaq on Thursday performed the official groundbreaking ceremony of the construction of the multi-storey and multi-purpose Kwara Revenue House ...

The Central Bank of Nigeria (CBN) in collaboration with ChamsMobile Ltd. and Super Agents have developed the eNaira enhanced services to address challenges ...

World Bank President David Malpass has said he would leave his post well before his term ends, months after running foul of the ...

Governor Bello Muhammad Matawalle of Zamfara State has ordered the arrest of any person who refuses to accept the old currency notes of ...

The Nigeria Communications Commission (NCC) says over 100 million Subscribers Identity Module (SIM) has so far been produced locally within a year of ...

The Central Bank of Nigeria (CBN) has directed financial institutions to freeze the accounts of individuals linked to Abdul Rehman Makki. The apex ...

In an effort to decongest long queues and difficulties being experienced by residents at ATM points across banks in Lafia, the Nasarawa state ...

The National Data Protection Bureau (NDPB) says it will create 500,000 jobs from its planned initiative of licensing indigenous institution to train and ...