African countries get Afreximbank’s $3m COVID-19 response grant
Al-Hameen Oluwaseyi The African Export-Import Bank (Afreximbank) has announced a $3 million grant to complement...
Finance & Economy
BudgIT expresses concern over Nigeria’s unsatisfactory score in 2019 OBS report
.As Nigeria scored 22% in Public participation BudgIT expresses concerns over Nigeria’s unsatisfactory overall score...
Why Nigeria may lose $26bn over dwindling crude oil sales
The International Monetary Fund (IMF) has projected that the present global health crisis could make...
Why further Naira devaluation will worsen banks asset quality, others–Analysts
Following the Moody’s Investors Service changes of Nigeria’s banking system outlook from stable to negative, a group...
Ecobank reports $90m PBT on net revenues of $393m in Q1
Ecobank Transnational Incorporated (ETI) Plc has recorded Profit before Tax (PBT) of $90million in the...
Can Nigeria’s banking industry survive further Naira devaluation?
By Afusat Adeola Different rating agencies have continued to downgrade Nigeria’s banks. For instance, Moody’s...
I’ll support the insurance industry in fight against Covid-19-NAICOM Boss
The Acting Commissioner for Insurance, Thomas Sunday has reiterated federal government’s support to the insurance...
Recapitalisation: CBN extends deadline for MfBs to April 2022
By Afusat Adeoye The Central Bank of Nigeria (CBN) has extended the deadlines issued to...
How Nigeria’s real sector investments drop by 62% to $7.89bn in Q1 2020
Nigeria’s real sector investment has declined significantly by a whopping $7.89 billion or 62 per...
Shareholders laud UBA for dividend payout, support against COVID-19
The United Bank for Africa (UBA) Plc shareholders, on Wednesday, commended the bank for declaring...
