Equity market rebounds, gains N11bn
The domestic equity market on Wednesday rebounded, gaining N11 billion as bulls dominated the trading activities for the day. Market...
Banking & Finance
CBN committed to stronger Nigeria, Saudi ties – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the Bank's dedication to enhancing economic...
AfDB partners Interpol to combat financial crime, strengthen anti-corruption efforts in Africa
Orisemeke Benjamin The African Development Bank Group has taken a significant step forward in its fight against corruption and financial...
FDI increased to a record $41trn globally
By Topias Leino and Maja Gavrilovic Global foreign direct investment grew again in 2023 after declining the previous year. Inward...
CBN retains interest rate at 27.50%
Omeiza Bilal The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has retained the interest rate at 27.50...
NDIC seeks solicitors cooperation in debt recovery, assets realization
Orisemeke Benjamin The Nigeria Deposit Insurance Corporation NDIC has urged its external solicitors to continue their diligent efforts in assisting...
AfDB: New report highlights Africa’s strengthening economic growth amid global challenges
Africa’s economic performance is showing signs of improvement but remains vulnerable to global shocks, according to the 2025 Macroeconomic Performance...
CBN orders banks to publish dormant accounts, unclaimed balances
The Central Bank of Nigeria (CBN) has issued a directive mandating all banks and other financial institutions to publicly disclose...
Nigeria to amend digital asset rules to tax cryptocurrency transactions
Agency Report Nigeria is set to amend digital asset regulations to introduce taxes on cryptocurrency transactions to boost revenue. The...
Supreme Court quashes garnishee order against CBN
…Says Police, SARS, not MDAs The Supreme Court of Nigeria has set aside a garnishee order against the Central Bank...
