The Lagos State Consumer Protection Agency (LASCOPA) has issued a statement exonerating Erisco Foods Limited and confirming that its NAGIKO...

The Nigeria Deposit Insurance Corporation (NDIC) has announced the commencement of efforts to recover N400 billion from debtors of liquidated...

The Federal Government of Nigeria surpassed its debt service budget for 2023 by N869.38 billion in the first nine months...

The Nigerian naira exhibited strength against the dollar, closing at N831.47/$1 in the official market on November 29, 2023. This...

Nigeria, Africa's largest economy, is reportedly seeking to join the BRICS (Brazil, Russia, India, China, South Africa) group to enhance...

Guinness Nigeria has named Adebayo Alli as its new Managing Director, marking the return of a Nigerian to the role...

The Central Bank of Nigeria (CBN) has affirmed the soundness of the Nigerian banking sector, stating that the banks are...

Naira Continues Freefall, Closing at N881.88/$1 in Official Market. The Nigerian naira's depreciation persisted, reaching N881.88 per dollar in the...

Financial experts have cautioned the Nigerian government against hastily implementing the recapitalization of commercial banks, urging careful consideration of micro...

Union Bank of Nigeria has entered into a Memorandum of Understanding (MOU) with BFREE, a leading German-Nigerian FinTech company, to...