Commercial banks in Nigeria gave out combined loans of N38.55 trillion in the first half of 2023.The banks' lending to customers within the period under review increased by 50%.Ecobank led t… Read More

The proposals the Federal Government (FG) is investigating in an effort to increase foreign exchange liquidity were disclosed by President Bola Ahmed Tinubu on Monday.Additionally, Tinubu ha… Read More

Nigeria has revealed its 2024 budget, totaling 26.01 trillion naira ($34 billion). The budget assumes an oil price of $73.96 per barrel… Read More

During the first half of 2023, Nigeria's seven most profitable publicly-listed enterprises included five banks, a telecommunications company, and a cement maker.Seven businesses, United Bank… Read More

Popular Nigerian comedian Bukunmi Adeaga Ilori professionally known as Kiekie in a video shared online disclosed that she is tired of her comedy job. Kiekie, a mother of one made this kno… Read More

Against the backdrop of foreign exchange, forex, revaluation losses recorded by many big manufacturing and other firms, banks have recorded a whopping forex assets revaluation gains amountin… Read More

Nigerian commercial banks recorded significant Foreign exchange revaluation profits estimated at N1.7 trillion in the first half of 2023. This was disclosed through the data collated from th… Read More

Deteriorating Apapa-Wharf Road Threatens Nigeria’s Economic Stability — The decaying state of the Apapa-Wharf Road, a pivotal artery into Nigeria’s busiest seaport, Ap… Read More

Nigerian Banks’ Profit Surge: A Win for Shareholders – Nigerian banks have given their shareholders a reason to celebrate. As per a recent analysis by BusinessDay, a surge i… Read More

Nigeria’s Banking Titans: A Stellar 260% Profit Surge in H1 2023 – In a remarkable turn of events, the first half of 2023 has witnessed Nigeria’s top banks, namely FBN… Read More

Nigeria’s Stocks suffer as a result of the FTSE’s downgrade – The downgrade of Nigeria’s market status from ‘Frontier’ to ‘Unclassified’… Read More

The Manufacturers Association of Nigeria (MAN) has said that President Bola Tinubu's economic plans will be ruined by Nigeria's anticipated N77 trillion debt problem.The debt problem in Nige… Read More

 Inexperienced boy who had never worked anywhere owns a private jet under Buhari’s administration – Former Emir of Kano, SanusiThe 14th Emir of Kano, Muhammadu Sanusi II, ha… Read More

Nigeria wants to upscale its artificial intelligence (AI) game to benefit from the innovation of the technology. AI is expected to contribute $15 trillion to the global economy by 2030. N… Read More

On October 21, 1968, a letter was written by a group which went by the name, Egbe Mekunnu Taku, literally, Association of the Adamant Poor, to the then Military Governor of the Western… Read More

FBNHoldings (FBNH), the parent company of Nigeria’s pioneer Bank, First Bank of Nigeria Limited published stellar results, confounding analysts, and exciting investors. Equally as amaz… Read More