‘Our role as a Bank is to champion African entrepreneurs’ – Adesina
Orisemeke Benjamin The President of the African Development Bank Group, Dr. Akinwumi Adesina, has reaffirmed the Bank’s strong commitment to...
Banking & Finance
NDIC management visits Cardoso, re-affirms commitment to financial system stability
Omeiza Bilal The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has congratulated the new Managing Director...
Equities market gains N459bn
The Nigerian Exchange (NGX) extended its bullish run-on Tuesday, closing higher with a growth of 0.50 per cent driven by...
Naira slips to N1,565/$ at parallel market
Agency Report The Nigerian Naira weakened further on Tuesday, falling to N1,565/$1 on the parallel market, marking its lowest point...
Domestic starts week bullish, gains N1.78trn on strength of capitalised stocks
Agency Report The Nigeria All Share Index (ASI) closed on Monday on a strong note, climbing by 1.99 per cent...
Nigeria: AfDB to join groundbreaking ceremony of Special Agro-Industrial Processing Zone in Oyo
The Federal Government of Nigeria and the Oyo State Government will be joined by the African Development Bank for the...
Global current account balances widen, reversing narrowing trend
By Pierre-Olivier Gourinchas Global current account balances widened by a sizable 0.6 percentage points of world GDP in 2024. When...
N18.9bn delinquent loans so far recovered – FMBN MD
Omeiza Bilal Over N18.9 billion of delinquent loans have been recovered across the country, Shehu Usman Osidi, Managing Director/Chief Executive...
Nigeria: AfDB approves $46m to transform healthcare in Sokoto
Orisemeke Benjamin The Board of Directors of the African Development Bank Group has approved a $46 million loan to finance...
Naira gains ground on increased dollar inflow
Agency Report Nigeria’s foreign exchange market is witnessing a notable turnaround, with the naira appreciating steadily and forex stability returning...
