The share price of United Bank for African Plc, a multinational pan-African financial services group, crossed N29.90, taking the bank’s market capitalization to...
With the Naira ranked among the worst performing currency globally, Nigeria has received $2.25 billion out of the $3.3 billion from Afreximbank to...
Value Added Tax revenue of N335.656 billion and exchange rate difference revenue of N364.869 billion have pushed distributable revenue for the Federation Account...
The N87.91 trillion total debt stock represents a marginal increase of 0.61 percent, when compared to the June figure of N87.38 trillion. Nigeria’s...
President Bola Tinubu has approved free rides for commuters on all train services and 50 per cent reduction in interstate transport fares for...
The Director-General of the National Automotive Design and Development Council (NADDC), Mr. Joseph Osanipin, has suggested a ban of importation of cars used...
Nigeria’s headline inflation rate for November soared up to 28.20 percent relative to October headline inflation rate of 27.33 percent. Persecond News reports...
Several parts of the Federal Capital Territory (FCT) have been hit by paucity of the Naira as Christmas approaches. The cash crunch which...
The Central Bank of Nigeria (CBN) has announced the immediate suspension of processing fees on large cash deposits. The change cited under the...
The Central Bank of Nigeria (CBN) has raised alarm over the circulation of counterfeit banknotes across the country. According to the apex bank,...
The Dangote Oil Refinery is finally set to commence fuel production as the first crude shipment arrives at the facility on Thursday. S&P...
In its bid to strengthen the core values and the working mechanism of the banking sector, the Central Bank of Nigeria (CBN) Governor,...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has been ranked third for free cash flow generation by oil companies in Africa by...
Renowned economist and Managing Director/CEO, Financial Derivatives Company Ltd, Mr Bismarck Rewane, has said many Nigerians are not interested in the budgetary figures...
President Bola Tinubu on Wednesday announced an oil benchmark of $77.96 and the Naira at N750 to a dollar for the 2024 of...
President Bola Ahmed Tinubu said on Wednesday that his government will finance the 2024 budget with N7. 8 trillion loan. Persecondnews reports that...