Economy & Finance

FBN Holdings Approves Capital Raise and Dividend Amid Brand Transition

FBN Holdings shareholders approve N350 billion capital raise, N14.36 billion dividend, and First Bank’s rebranding ...

Nigeria’s Inflation Rate Climbs to 33.88% Amid Soaring Energy Costs

Nigeria's inflation rate hits 33.88% in October, driven by soaring energy costs and structural inefficiencies, ...

Nigeria Spends $3.5 Billion on Foreign Debt Servicing in Nine Months, Economists Raise Concerns

Nigeria spends $3.5 billion on foreign debt servicing in nine months, raising concerns among economists ...

Naira Depreciation and Economic Concerns Cause 3.2 Point Drop in Firms’ Confidence – CBN Report

The Central Bank of Nigeria (CBN) reports a 3.2-point drop in firms' confidence in the ...

Nigerian Government Offers 9-Month Amnesty for Undeclared Dollar Holdings Amid Forex Crisis

In a bid to stabilize Nigeria’s foreign exchange market, the Federal Government has announced a ...

Finance: Côte d’Ivoire’s Banking Sector Expanding to Serve the Unbanked Population

The financial sector in Côte d’Ivoire is undergoing a transformation, with a focus on increasing ...

Rwanda joins regional stock exchanges in data vending as trading income falters

The East African stock markets are increasingly turning to data vending as a key revenue ...

Private employers paying below 70K risk jail: A Critical Review of the New Minimum Wage Policy

Private employers paying below 70K risk jail term under the new wage regulations, sparking a ...

Jumia Celebrates 10 Years of E-commerce in Kenya and Ghana

Jumia, Africa’s leading e-commerce platform, has marked a decade of operations in both Kenya and ...

Ghana Approves New Investment Code to Boost Foreign Direct Investment

Ghana's parliament approves a new investment code to attract foreign direct investment by simplifying regulations ...

Latest News

FG Unveils Youth Farmers Portal to Combat Unemployment ...

Olabisi Ige

FG Targets N1.8tn from Bond Market in Q1, Introduces Tw...

Adebayo Tosin

FG Defends GDP Rebasing Plan as CBN Postpones January M...

Temitope Alabi

Today in History

January 18th is the day in 1969 that United Airlines Flight 266 crashes into Santa Monica Bay killing all 32 passengers and six crew members.

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18 Jan · CurrencyRate · USD

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