Business News

The Association of Mobile Money and Bank Agents in Nigeria has said there are no plans to increase service their charges following the Central Bank of Nigeria’s decision to review...

The Central Bank of Nigeria injected $15.3bn into the economy to stabilise the value of the naira from January to October, 2022. This was obtained in the banking sector regulator’s...

The Nigeria Employer’s Consultative Association has advised the Federal Government to review and reshape economic policies to enhance growth and development. According to NECA, the organised private sector of Nigeria...

Nigeria’s headline inflation fell from 21.47 per cent in November 2022 to 21.34 per cent in December 2022 according to the National Bureau of Statistics. In 2022, the country’s inflation...

Positive sentiments returned to the stock market of the Nigerian Exchange Limited (NGX) as investors renewed interest in listed fundamental stocks. The positive sentiment lifted the stock market capitalisation by...

Analysts at Access Pensions Limited have predicted that with persistently elevated inflation, limited fiscal space, upcoming general elections and various economic occurrences would suggest that the interest rate environment will...

Deposit Money Banks borrowed the sum of N21.87tn from the Central Bank of Nigeria via the Standing Lending Facility window and Repurchase Lending platform in 2020, according to the CBN...

The National Salaries Incomes and Wages Commission says it has initiated process for the review of the National Minimum Wage. NSIWC’s Head of Public Affairs, Mr Emmanuel Njoku, said this...

Due to the downturn in the economy, experts have advocated the use of red bricks and made in the Nigeria construction materials to reduce cost of providing affordable housing for...

Cashless transactions in Nigeria rose by 42.05 per cent to hit N395.47tn in 2022, according to new data from the Nigeria Inter-Bank Settlement System. The new data revealed that Nigerians...