NGX Records N638 Billion Loss First Market Depreciation of the Year

The Central Bank of Nigeria (CBN) has announced the immediate removal of the entire Board of Directors of Polaris, Titan,...

LIRS Shuts 34 Companies Over Tax Non-Compliance

LIRS Sets January 31st Deadline for Annual Tax Returns in Lagos State

The Lagos State Internal Revenue Service (LIRS) has declared January 31st as the deadline for businesses and individuals to submit...

Nigeria’s External Debt Stock Hits $42,671.70 million: A Breakdown of Lateral and Bilateral Debts.

Nigerian Oil-Producing States Witness N108 Billion Drop in Domestic Debt

The nine oil-producing states in Nigeria have experienced a noteworthy reduction in their domestic debt stock from a record high...

World Bank Projects Nigeria’s Economy to Grow by 3.4% in 2024

In its latest Global Economic Prospect (GEP), the World Bank has forecasted a 3.3% growth for Nigeria's economy in 2023,...

NNPCL Reports Record Profit of N2.548tn, Uncovers 52 Illegal Refineries

The Nigerian National Petroleum Company Limited (NNPCL) announced on Tuesday that it achieved a record profit of N2.548tn in 2022,...

Naira Surges Against US Dollar, Falls Below N1,000 Mark

Naira’s Value Declines in P2P and Black Markets Despite FX Liquidity Boost

Despite efforts by Nigeria's central bank to inject liquidity into the official market and clear significant foreign exchange backlogs, the...

Access Bank Expands Footprint with Acquisition of Atlas Mara Bank, Zambia.

Access Bank has successfully acquired African Banking Corporation Zambia Limited, operating under Atlas Mara Zambia. The announcement was made in...

Tinder Shares Surges by 8.3% in Premarket Trading Amid $1 Billion Investor Stake

Match Group's (NASDAQ: MTCH) shares experienced a significant surge of 8.3% in premarket trading today. This notable increase came in...

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Records Consecutive Gains Against Dollar as Forex Market Receives $2.25 Billion Boost