The Debt Management Office (DMO) has debunked a media report that Nigeria defaulted in loans repayments to China. A statement by the DMO in Abuja on...
By David Awoyemi The currency in circulation in the country has skyrocketed by N701.4billion in one month to hit N1.6trillion in March, 2023 after the Central...
By David Awoyemi NOVA Merchant Bank Limited released a statement of its gross earnings, rose by 37.01 per cent year on year to N23.34 billion as...
The Central Bank of Nigeria report has revealed the country’s external reserves fell by $112.78m in two weeks to $35.42bn Figures obtained from the CBN’s data...
By David Awoyemi The Bank of Industry Group (BoI) has said it’s total asset rose by 39.2 per cent to N2.38tn as of the end of...
The Lagos Chamber of Commerce and Industry (LCCI) on Tuesday urged the Federal Government to tread cautiously in raising tax rates in an attempt to shore...
Stories by David Awoyemi The World Bank disclosed that, Nigeria’s constant fiscal deficit has worsened the nation’s public debt stock, with 96.3 per cent of government...
Guaranty Trust Holdings Company (GTCO) has reported and recorded a Profit Before Tax of N214.2 billion during its 2022 financial year, representing a 3.3 per cent...
According to the list of CBN licensed MfBs as at 30th June, 2021, there are 876 of them operating in the 36 states and Abuja. It...
Latest economic projection by the International Monetary Fund (IMF) has shown that President Muhammadu Buhari will be handing over a stable economy to the in-coming administration...