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Nigeria Economy Faces Huge Revenue Challenge Amidst Escalating Debt Costs, Says...

A civic-tech organization based in Lagos, BudgIT  has warned that Nigeria might be facing another financial crisis as a result of government failing revenues...

UPDATE: UBA Delivers 21% Growth in Profit

...Declares N0.20 Interim Dividend United Bank for Africa Plc has announced its audited half year financial results for the period ended June 2019, showing impressive...

BREAKING NEWS: Fidelity Bank Reports 15.7% Increase in PBT

Fidelity Bank plc has announced 15.7 per cent increase in Profit Before Tax (PBT) for the half year (H1) ended June 30, 2019. The lender...

Foreign Reserves Drop to $43.79bn- CBN

The Central Bank of Nigeria (CBN) has said the foreign reserves dropped to $43.79 billion, the first time since  March 22, 2019. The foreign exchange...

CBN Warns Nigerians to Beware of Fraudulent Loan Offers

The Central Bank of Nigeria (CBN) on Monday warned loan seekers and owners of small-scale businesses to beware of fraudulent loan offers purportedly by...

Education: We have Invested Close to N1.3trn in Past 4 Years-...

President Muhammadu Buhari on Thursday said his administration has invested close to N1.3 trillion towards the development of the education sector in the past...

FG Sets to Recover N614bn Budget Support Given to 35 States

The federal government is making moves to recover N614 billion given to 35 states as budget support facility. Finance minister, Zainab Ahmed disclosed this at...

Access To FX For Food Imports:  CBN to Ban More Items-...

Following the federal government proposed plans to banned food items access to foreign exchange(FX), the Governor of Central Bank of Nigeria (CBN), Mr. Godwin...

GTBank Reports 5.6% Increase in PBT to N115.8bn

proposes 30kobo interim dividend Guaranty Trust Bank plc (GTBank) has reported 5.6 per cent increase in Profit Before Tax (PBT) in audited half year result...

CBN to Disburse Lower Currencies to Microfinance Banks

The Central Bank of Nigeria (CBN) said it has released guidelines for the disbursement of lower denominations of the Naira through Microfinance Banks (MfBs)...
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