Finance

Latest Finance News

Okorocha to Ihedioha: Get sworn in before issuing directives

Gov. Rochas Okorocha of Imo has cautioned the state Governor – elect,

Nigeria’s Balance of Payments jumps by $2.80m — CBN report

The Central Bank of Nigeria (CBN) said on Wednesday that the country’s

Access Bank secures $162.5m syndicate loan to support MSMEs

Access Bank on Monday said it had signed a subordinated syndicated Loan

Forex ban to textile importers will revive industry – OPS

The Organised Private Sector (OPS) says the Federal Government’s decision to stop

Who is leading Africa’s digital infrastructure investment to enable the technology of the future?

Digital and broadband infrastructure investment is clearly one of the top priorities

Access Bank, Diamond Bank shareholders approve merger

Shareholders of Access Bank Plc and Diamond Bank Plc on Tuesday unanimously

Group accuses trade minister, Okechukwu Enelamah, of mismanaging $160m World Bank project

The Human and Environmental Development Agenda (HEDA) has petitioned the Economic and

Foreign trade volume hits N32.26trn in 2018 – NBS

The National Bureau of Statistics (NBS), said the country recorded a total

World Bank to support Kano farmers with $500m grant

Kano State Government has signed a Memorandum of Understanding with the World

FAAC: FG shares N610.36bn allocation to three tiers of govt. in Feb

The Accountant-General of the Federation, Mr Ahmed Idris said the Federal Government

AfDB spends $11.3bn to support African projects in seven years

The African Development Bank (AfDB) has revealed that it has supported  370 transformative

Shoprite’s half-year profit drop in more than a decade

Shoprite Holdings, Africa’s largest supermarket group, says its first half-year earnings declined

Germany to escape recession, says finance minister

Finance Minister Olaf Scholz said he expected Germany to escape recession, pointing

Google releases statement on Naira to Dollar conversion glitch

The Naira mysteriously appreciated on Google Search yesterday, making one dollar equal

African Development Bank approves $15m investment fund for SMEs in Nigeria, others

African Development Bank (AfDB) has earmarked a $15 million equity funds for

Kuwait to provide $2b loan facility to African countries

Kuwaiti Ambassador to Nigeria, Abdulaziz Albisher, has revealed that the Emir of

External reserves drop to $42.86bn in February

Nigeria’s foreign exchange reserves is at a two-month low of $42.86bn, according

GDP: Experts seek strong macroeconomic reforms to sustain growth

Financial experts on Thursday said growth in Gross Domestic Product (GDP) could

EU blacklists Nigeria for poor control on money laundering, terrorism financing

The European Commission has blacklisted Nigeria, Saudi Arabia, Panama and other jurisdictions

CrossBoundary Mini-Grid Facility Announces First Close with The Rockefeller Foundation and Ceniarth

CrossBoundary Energy Access (CBEA), Africa’s first project financing facility for mini-grids, has announced

Federal Government recorded N910bn fiscal deficit in 2018 Q4

The Central Bank of Nigeria has revealed that the Federal Government had

NNPC posts N2. 06bn trade surplus in Nov 2018

The Nigerian National Petroleum Corporation (NNPC) says it made a trading surplus

Experts predict $10 billion growth in Africa’s telecom, media and technology infrastructure in 2019

TMT (telecom, media and technology) infrastructure mergers, acquisitions and fundraising in Africa is

Experts decry budget delays, seek quick passage of 2019 budget

Financial experts on Monday called for speedy passage of the 2019 budget

Nigeria receives $40.9bn forex inflow in nine months

The Central Bank of Nigeria (CBN) has revealed that it received a

AMCON retrieved Debt of 1trillion in 8 years – Finance Minister

 The Asset Management Corporation of Nigeria began operations in 2010 and since

Prices of tomatoes, pepper crash further in Enugu markets

The prices of tomatoes and pepper have further crashed in major markets

Insurance in Nigeria will grow stronger in next decades, Experts predicts

Insurance in Africa, especially Nigeria, will grow stronger in the next decades

Fayose left Ekiti in debt of N155.79b, Fayemi reveals

Ekiti State Governor Kayode Fayemi has revealed that the the immediate past

CBN issues banknotes fitness guidelines to commercial banks, others

The Central Bank of Nigeria (CBN) on Wednesday issued banknotes fitness guidelines