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An incessant devaluation of the local currency (Naira) by a central bank who seeks to protect the external reserves from macroeconomic shocks has badly dented the profit of Guinness...

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CBN, NIBSS Unveil ‘AFRIGO’ The Nigerian National Domestic Card Scheme

The Central Bank of Nigeria has officially unveiled the Nigerian National Domestic Card Scheme - AFRIGO, in conjunction with...

NDPB Plans Creation Of Accelerated Data Protection Remediation Unit 

By Abdulwaheed Olayinka Adubi, Kaduna The Nigeria Data Protection Bureau (NDPB) has disclosed its plan to set up an Accelerated...

Ukraine Hit by Russian Missiles Day After West’s Offer of Tanks

Russia launched a wave of missiles at Ukraine on Thursday, a day after Germany and the US pledged tanks...

Rwanda Accused of ‘Act of War’ as DRC Fighter Jet is Hit Mid-air

The Democratic Republic of Congo (DRC) on Tuesday denounced Rwanda’s accusation that a Congolese fighter jet violated Rwandan airspace,...

Donald Trump to be Allowed Back Onto Facebook and Instagram

Donald Trump will be allowed back on to Facebook and Instagram, after Meta announced it would be ending its...

Tier 1 Banks Earnings to Grow in 2023

Separating the wheat from the chaff, Tier 1 lenders, who are referred to as “the big five banks” have...

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Central Bank Nigeria Raises Interest Rate To 17.5%

The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR), which measures interest rate from 16.5...

Investments Shrinking Share of Nigeria’s GDP Helps Explain Low Growth

Nigeria's shrinking size of private investments in recent times has impacted on the trend GDP growth rate, pushing it...

FIRS Crosses N10 trillion Mark in Revenue Collection

The Federal Inland Revenue Service, FIRS, on Monday said it collected over N10 trillion in tax revenue in 2022,...

N23.70 trn Ways and Means Loans to Drain Liquidity in Financial System

The plans by the Federal Government to move the Ways and Means loans into the financial system will drain...

Buhari Restructures Ministry of Finance Investment Vehicle, Appoints New CEO

By Abdulwaheed Olayinka Adubi President Muhammadu Buhari has restructured the Ministry of Finance Incorporated (MOFI) with the constitution of a...

Nigeria Could Tap International Debt Market as U.S Inflation Cools

The gradual cooling of inflation in the United State that is fueling expectations Fed is about to rein in...
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