CBN Revises Cash Reserve Ratio for Merchant Banks, Slashing it to 10%
In a move aimed at stimulating economic growth, the Central Bank of Nigeria (CBN) announced on Friday its decision to...
CBN Instructs Banks to Provide Naira Payouts for Diaspora Remittance Beneficiaries
The Central Bank of Nigeria (CBN) has introduced the Naira as a payout option for recipients of proceeds from international...
UK GDP Sees Decline of 0.1% Month-on-Month in May 2023.
UK monthly GDP decreased to -0.10% in May from 0.20% in April of 2023. The figure is above consensus estimates...
Nigeria’s External Debt Stock Hits $42,671.70 million: A Breakdown of Lateral and Bilateral Debts.
The Nigerian government recently released the latest figures on its external debt stock as of March 31, 2023. The grand...
Flutterwave launches International Fee Payment Method
Flutterwave, Africa’s leading payments technology company, has launched Tuition, a new payment product, to allow African users to conveniently pay...
How FG Will Double Annual Revenue Without Increasing Taxes – Tinubu’s Aide.
In a recent interview on Channels Television's Politics Today program, Zach Adedeji, the Special Adviser to President Bola Tinubu on...
UK Employment Rate Rises to 76.0% in March-May 2023.
The employment rate in the United Kingdom reached 76.0% in the period of March to May 2023, reflecting a 0.2...
Ecobank Calls for Rejection of FBN Holdings Shares Acquisition Over Unsettled Debt
Ecobank Nigeria Limited has demanded the rejection of the recent acquisition of FBN Holdings shares by an entity associated with...
NNPC Contractors seizes illegal vessel with 800k litre crude
Tantila Security Services, a private security contractor working with the Nigerian National Petroleum Company (NNPC) Limited, successfully intercepted a suspicious...
FG Launches Oil and Gas E-Marketplace to Boost Indigenous Participation
The Nigerian government has announced the launch of an Oil and Gas E-Marketplace, a significant provision of the Nigerian Oil...
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