Nigerian Exchange Fines Guinea Insurance N453.6 Million for Post-Listing Violations
Guinea Insurance Plc, a leading player in the Nigerian insurance industry, has been slapped with a hefty fine of N453.6...
FG Generates Over N26.2 Billion from National Drivers’ Licenses in 2022
Nigeria's government raked in an impressive N26.2 billion from the issuance of National Drivers Licenses (NDLs) in the year 2022,...
CBN Approves New Non-Interest Bank in 3 Cities, a Rival to Jaiz Bank
The Nigerian banking industry has welcomed a groundbreaking development with the launch of The Alternative Bank, a pioneering ethical bank...
FG Secures $1.5 Billion World Bank and $80 Million AFDB Loans for Critical Projects
The Federal Government of Nigeria announced on Monday that it has successfully secured a budget support loan of $1.5 billion...
Subsidy Removal and Naira Devaluation Drive Food Inflation to 30.64% in September
In a recent report, the National Bureau of Statistics (NBS) disclosed that food inflation in Nigeria surged to 30.64 percent...
Global Economic Concerns Dominate IMF and World Bank Meetings in Marrakech
The annual meetings of the International Monetary Fund (IMF) and the World Bank concluded on Saturday in Marrakech, Morocco. The...
India Maintains Basmati Rice Export Floor Price to Regulate Shipments
In a bid to regulate overseas shipments of basmati rice, India announced on Saturday its decision to uphold the floor...
Asian Central Banks Innovate to Safeguard Currencies Amid Global Uncertainty
Asian central banks are adopting innovative strategies to protect their currencies as concerns about sustained higher US interest rates and...
U.S. Restricts Iran’s Access to $6 Billion in Qatari Bank Amidst Hamas Attack Fallout
In a significant development, the United States has confirmed that Iran's access to $6 billion held in a Qatari bank,...
Sony to Invest $10 Million in African Entertainment Startups to Foster Innovation
Sony Group's entertainment division is set to inject $10 million into early-stage entertainment startups across Africa. This strategic investment will...
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