The Central Bank of Nigeria (CBN) has said that Nigeria needs strong, stable, and resilient banks if the country wants to achieve the $1 trillion economy target by the year …
The National Bureau of Statistics (NBS) has announced a rise in Nigeria’s inflation rate to 24.23% for March 2025. This figure shows an increase from the 23.18% recorded in February …
A digital asset platform called CBEX has collapsed, leaving thousands of Nigerians and Kenyans in shock after losing over $800 million in what investigators describe as a well-planned Ponzi scheme. …
Afriland Properties Plc has recorded a strong financial performance for the 2024 fiscal year, posting a 51% rise in profit after tax to N2.6 billion, up from the previous year’s …
Global Credit Ratings (GCR) has reaffirmed the long-term and short-term credit ratings of SFS Capital Nigeria Limited, maintaining an A-(NG) rating for long-term and A2(NG) for short-term, with a stable …
Computer Warehouse Group (CWG) has recorded one of its best financial years in history, posting an impressive 428 per cent growth in profit after tax, and as a result, more …
Nigeria’s daily crude oil production has dropped again in March 2025, raising more concerns about the country’s ability to meet its budget plans for the year. This is coming at …
Economists under the Ethiopian Economics Association have advised the government to increase transparency in the foreign exchange market to help reduce the steady fall of the Ethiopian Birr. They warned …
International credit rating agency, Fitch Ratings, has upgraded Nigeria’s long-term foreign-currency rating from ‘B-‘ to ‘B’, changing the country’s outlook from negative to stable. This announcement was made in a …
The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, has said that the bank has disbursed about $50 billion into the Nigerian economy over the past ten years. …
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