Income inequality persists in Africa despite rapid economic growth over the years – IMF
The International Monetary Fund (IMF) has stated that despite rapid economic growth in sub-Sahara Africa, regional income gaps haven’t fully...
Binance Exchange Enlists Ibukun Awosika on its Global Advisory Board
Nigerian businesswoman and former chairman of First Bank of Nigeria Limited, Ibunun Awosika, now sits on the global advisory board...
First Pension Custodian Completes the Acquisition of 100% Stake in Access Pension Fund Custodian Limited
First Pension Custodian Nigeria Limited, a flagship subsidiary of First Bank of Nigeria Limited has concluded the acquisition of 100...
Companies may be bypassing CBN’s RT 200 Guidelines to still trade forex at the black market rates
Nigerian exporters may have discovered a way of evading the CBN’s RT 200 directive to sell forex in the official...
Fed delivers another big rate hike.
Federal Reserve Chair Jerome Powell vowed on Wednesday that he and his fellow policymakers would "keep at" their battle to...
Access Holdings gets CBN’s approval to launch payments unit
Access Holdings Plc obtained the go-ahead of the Central Bank of Nigeria (CBN) to set up a payments unit, the...
First bank to stop international transactions with Naira Debit and Credit cards.
First Bank of Nigeria has suspended the usage of the Naira Mastercard, Naira Credit Card, our Virtual card, and Visa...
Nigeria will spend about $2.5 billion to take in out-of-school children – The World Bank
In addition to Nigeria’s effort in expanding access to education over the years, the country still has the highest number...
World Bank: Simultaneous Rate Hikes Raise the Risk of a Global Recession in 2023
The fear of an impending global recession together with a string of other financial crises that could weigh on emerging...
Exchange rate at the I&E Window shows little responsiveness to forex supply, stabilizes at about N436/$1
Tuesday, September 20, 2022: The rate at which the naira exchanges for the dollar at the Nigerian Investors and Exporters...
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