Business

Saudi Arabia’s foreign reserves to hit $581bn by end of 2022

  Saudi Arabia’s foreign exchange currency reserves are expected to climb to $581 billion by the end of this year, from $451.7bn in...

Football’s top 10 annual brand value rankings:

English Premier League winners Manchester City have overtaken Barcelona and now have world football’s second best brand value, according to a new study....

Access Bank moves to dominate agency banking business in Nigeria

In its bid to enhance financial inclusion, Access Bank says it is poised to increase its customer base and deepen wallet share of...

NSIA transitioning from funds management company to assets management outfit, announces MD/CEO, Orji

  In a bid to expand its business frontiers, the Nigeria Sovereign Investment Authority (NSIA) has been repositioned to transition from a fund...

Inflation: CBN raises monetary policy rate to 13 per cent

To curb the rising inflation rate in the country, the Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy  Rate to...

NSIA’s gross assets hit N1.2trillion amid volatility and cyclical risks across markets

  The gross assets of the Nigeria Sovereign Investment Authority (NSIA) have hit N1.2 trillion, its audited financial results for 2021 have revealed....

Lagos airport shut over security breach as man’s mangled body found on runway

The mangled body of a man found on Runway 18R of the international wing of the Murtala Muhammed International Airport, Ikeja, has forced...

Nigeria Exchange Group ranks Dangote Cement as 2021 best performing stock

Africa’s largest cement manufacturer, Dangote Cement Plc, has emerged the Best Performing Stock of the Year 2021 by the Nigeria Exchange Group (NGX)....

Buhari to inaugurate Lekki Refinery before end of tenure, says Dangote

The Chairman of the Dangote Group, Alhaji Aliko Dangote, has assured that the Dangote Petroleum Refinery would be ready for inauguration before President...

Why we can’t freely float exchange rate despite IMF, World Bank pressure — CBN Gov.

In spite of pressure from the World Bank and International Monetary Fund (IMF), the Central Bank of Nigeria (CBN) has ruled out freely...

Water sustainability: Ogun Govt, Nestlé Nigeria host stakeholders’ forum

In commemoration of 2022 World Water Day, the Ogun State Ministry of Environment and Nestlé Nigeria have jointly hosted a stakeholders’ forum to...

CBN $200bn repatriation: Heritage Bank, LCFE explore opportunities in export revenue

As part of its support to the Central Bank of Nigeria (CBN) to raise $200 billion in foreign exchange repatriation from the non-oil...

Buhari inaugurates Dangote Fertiliser Plant in Lagos, hails intervention in cement, fertilizer manufacturing

  President Muhammadu Buhari has expressed optimism that the President of Dangote Group, Aliko Dangote, will replicate the successes recorded in the cement...

UBA, Cellulant partner to expand reach to 19 markets across Africa

Africa’s global bank, United Bank for Africa (UBA) Plc, and a leading Pan-African Payments company, Cellulant, have announced a partnership to extend payment...

UBA’s gross earnings hit N660.2bn, total assets grow to unprecedented N8.5 trn in 2021 –Uzoka

Africa’s global bank, the United Bank for Africa (UBA) Plc, says investors of the bank will enjoy huge financial benefits and dividends in...

NIRSAL facilitates ₦73bn into Nigeria’s Agro Processing industry, says MD

  In pursuit of its mandate of creating a stronger linkage between segments of Nigeria’s Agricultural Value Chain and subsequent AVC-linkage to commercial...