Economy

At the end of its two-day policy meeting, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) voted to reduce Nigeria’s...

Olusegun Obasanjo, a former Nigerian president, in a letter to some former leaders on the African continent, has reached out to rally their support...

The Monetary Policy Committee (MPC) concluded its two-day policy meeting today. Considering the impacts of external economic shocks, the committee unanimously agreed to reduce the...

The Tax Appeal Tribunal (TAT or “the Tribunal”) sitting in Lagos recently delivered judgement in the case between Prime Plastichem Nigeria Limited (PPNL or...

FBN Holdings or First Bank is close to sealing a deal to acquire Polaris Bank, people familiar with the matter tell MoneyCentral. Polaris Bank which...

The total value of capital imported into Nigeria stood at $5.854 billion in the first quarter of 2020, representing a 53.97 percent increase compared...

The National Bureau of Statistics (NBS) recently published Internally Generated Revenue (IGR) at State level for the Fourth Quarter and Full Year 2019. The internal...

Challenges brought about by the coronavirus Pandemic are unprecedented, and Africa must prepare for a prolonged crisis, McKinsey & Company has said in a...

A report published by the World Bank has projected that debt servicing will take up about 75 per cent of Federal Government’s revenue by...

The total assets of banks rose by 11.2 percent to N42.2tn as at the end of February 2020. This was disclosed by a member of...