Nigeria’s GDP Declines to 2.98% in Q1 2024 – NBS
Nigeria’s Gross Domestic Product (GDP) growth declined to 2.98%, lower than the rate recorded in...
Finance & Economy
CBN Increases Interest Rates
The Central Bank of Nigeria (CBN) Tuesday increased the benchmark interest rate by 150 basis points,...
Loan Growth to Decelerate as Banks’ Deposits with CBN reach N15.03trn
The amount of money or reserve deposit that Nigerian lenders are required by regulation to...
CBN Pulls Back on Cybersecurity Levy
In a significant policy reversal, the Central Bank of Nigeria (CBN) has withdrawn its directive...
FAAC: FG, states, LGs share N1.2trn
The Federation Account Allocation Committee (FAAC) has distributed a total of N1,208.081 billion in revenue...
Nigeria’s Inflation Surges to 33.69% in April
Nigeria’s inflation rate climbed to a new high in April 2024, reaching 33.69 per cent,...
Food Inflation Rate Hits 40.53% on a Year-on-year Basis
In April 2024, the headline inflation rate rose to 33.69%, up from 33.20% in March...
AltBank, Sterling One Foundation, Foodbank combat hunger, champion education
AltBank, Sterling One Foundation, Foodbank combat hunger, champion education The Alternative Bank Limited (AltBank) has...
ZENITH BANK Pays N125.59bn Dividend to Shareholders
ZENITH BANK Pays N125.59bn Dividend to Shareholders Shareholders of Zenith Bank Plc, at the...
Strong Q1 Performance: UBA’s Gross Earnings Soar by 110%, Profit Hits N156bn
Strong Q1 Performance: UBA’s Gross Earnings Soar by 110%, Profit Hits N156bn Solid Start to...
