The Federal Government has said it sometimes borrows funds to buy petrol as the country continues to incur rising fuel subsidy bills. The government also confirmed...
The Nigerian Export Promotion Council (NEPC) says Nigeria recorded non-oil export earnings of $4.82 billion in 2022. Ezra Yakusak, executive director/chief executive officer (CEO), NEPC, said...
A high court sitting in Akure, the Ondo state capital, has granted a garnishee order directing the Central Bank of Nigeria(CBN) to freeze the account of...
The supply hitches associated with the distribution of Premium Motor Spirit, popularly called petrol, may persist till June this year, oil marketers stated on Wednesday. Nigeria’s...
Guaranty Trust Bank UK Limited (GTBank UK) has reached settlement with the FCA, accepting findings in relation to historical Anti-Money Laundering (AML) controls in its operations...
Managing Director/Chief Executive Officer of FirstBank, Dr. Adesola Adeduntan, has advised financial institutions in the country to be vigilant and improve the monitoring of their customers’...
Flutterwave, the San Francisco and Lagos-based fintech is reportedly in the running to acquire Railsr, a British fintech company specializing in embedded finance solutions such as...
The US government has grounded “all flights in the country” following a system failure on Wednesday. The development reportedly left passengers stranded at various airports across...
Nigeria’s economic growth is projected to decelerate to 2.9 percent in 2023 and remain at that pace in 2024, the World Bank has said. The growth...
The Central Bank of Nigeria (CBN) has threatened to penalise commercial banks who fail to comply with the directive of loading the redesigned naira notes in...