Nigeria has experienced a decline of $470.8 million in foreign direct investments over the past five years, according to analyses of Capital Importation reports by the...
By Sodiq Adelakun The World Bank’s latest Food Security Update has brought to light the significant impact of domestic food price inflation on various regions across...
In a recent release by the National Bureau of Statistics (NBS), Foreign Direct Investment (FDI) into the manufacturing sector has seen a significant decline in the...
By Sodiq Adelakun The Naira concluded the year 2023 with a staggering 49 percent depreciation against the US Dollar. As of the last trading day of...
By Sodiq Adelakun In a significant announcement on Wednesday, the Central Bank of Nigeria (CBN) has instructed all Nigerian banks and citizens to recognise both old...
FCMB Group Plc has announced a significant 108 percent increase in its pre-tax profit for the nine months ending September 2023, reaching an impressive N55.1 billion. ...
The African Development Bank Group (AfDB), a multilateral development finance institution, has approved an $80 million loan to finance the Ekiti Knowledge Zone project in Nigeria....
By Sodiq Adelakun Amidst ongoing conversations about a fresh round of recapitalisation, the Central Bank of Nigeria (CBN) has released a statement affirming the robustness of...
In a significant report released by the World Economic Forum (WEF) in partnership with Accenture, an estimated $13.5 trillion investment has been deemed necessary to decarbonize...
In a landmark move for Nigerian banking, Zenith Bank Plc has announced a significant expansion into the European market. The bank has entered into a Memorandum...