Cash Crunch Pushes e-Payments To All-time High, Transactions Hit N1.07 Quadrillion
The value of instant electronic transactions consummated by financial institutions in Nigeria in 2024 hit an all time...
Naira Sheds, Gains At Official, Parallel Markets
The naira began this week continuing its appreciation at the parallel market where it closed Monday’s trading activities...
13m Nigerians To Fall Below Poverty Line This Year – PWC
Rising inflation, soaring interest rates, and the continuous depreciation of the naira may force an additional 13 million...
DMO To Raise N450bn In FGN Bonds
The federal government through the Debt Management Office (DMO) is set to raise N450 billion from issuance of...
Naira Falls To N1,675/$1 In Parallel Market As Reserves Deplete
The value of the naira continued to depreciate as the 30 days moving average of the external reserves...
FBN Loan Controversy: Onasanya’s Lawyer Condemns Media Trial
In line with his resolve to defend himself and clear his name, former Group Managing Director of First...
Ex-First Bank GMD Onasanya Denies Shady Loan Allegations, Vows To Defend Reputation
A former Group Managing Director of First Bank Plc, Dr. Bisi Onasanya, has dismissed allegations circulating on social...
Cross Rivers’ Debt To Hit N800bn, Gets Fitch’s ‘B-‘ Rating
The debt profile of Cross Rivers state is set to hit N800 billion as international rating agency, Fitch...
Inflation Rises To 34.80% Ahead Of Rebasing
Nigeria's inflation rate surged to 34.80 per cent in December 2024, marking a slight increase from 34.60 per...
FG Raises N5.46trn From Bonds In 2024
The federal government last year had through the Debt Management Office (DMO) raised N5.46 trillion from the bond...