The National Bureau of Statistics (NBS) said on Saturday that the nation’s inflation rate increased to 15. 92 per cent in March 2022. According to a report released by NBS in March 2022 the Consumer Price Index (CPI) which measures…
Access Bank Plc has unveiled an online account opening platform for unregistered businesses. The Group Head, Emerging Businesses, Mrs Ayodele Olojede Access Bank Plc, made this known at the product launch on Thursday in Lagos. Olojede noted that the move…
AIICO Insurance Plc on Thursday said it paid a total of N47.3 billion in claims and benefits to customers in 2021. This, it said, indicates 19.1 per cent increase from N39.7 billion paid in 2020. The Managing Director and Chief…
The National Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company (NNPC) Ltd., has declared a profit before tax of N4.31 billion for the year ended Dec. 31, 2021. The News Agency of Nigeria (NAN) reports…
The Association of Bureaux De Change Operators of Nigeria (ABCON) says the widening gap between the official and parallel market exchange rates was being driven by acute dollar scarcity. The body said this was due to the continued suspension of…
The Naira exchanged at 416.67 to the dollar at the Investors and Exporters window on Wednesday, representing a 0.01 per cent depreciation, compared to N416.62 to the dollar recorded on Tuesday. The open indicative rate closed at N416.17 to the…
The economy recorded slow growth in February, according to the Central Bank of Nigeria’s report. The CBN’s Monetary Policy Committee report showed that in February, the Manufacturing Purchasing Managers’ Index recorded slow growth, with the Non-Manufacturing PMI also contracting. It…
The African Export-Import Bank (Afreximbank) has concluded plans to support Nigeria in fuel importation and food sufficiency as there are ongoing discussions to assist the country from the $4 billion Ukraine Crisis Adjustment Trade Financing Programme for Africa (UKAFPA) launched…
Access Bank, GTBank, Stanbic IBTC, Zenith Bank, Anheuser-Busch Inbev and 20 others have made LinkedIn’s Top 25 best places to work in Nigeria in 2022. This was disclosed by LinkedIn, a global professional network company, in a statement made available…
No fewer than 24 communities in Ekiti State on Tuesday received various amounts totalling N360 million to execute crucial projects in their areas. Presenting the cheques to representatives of the benefitting communities on Tuesday in Ado-Ekiti, Gov. Kayode Fayemi, said…
