Nigeria Counts $7 Billion Loss and Over 600 Lives from 2022 Floods.
Nigerian Federal Government has officially declared that the direct economic damage inflicted by the catastrophic floods in 2022 stands at...
Moody’s Downgrades Ratings of U.S. Banks Amid Growing Profitability Pressures
Moody's, the prominent credit rating agency, has announced a series of credit rating downgrades affecting several small to mid-sized U.S....
NDIC Begins Depositors’ Payment after Bank License Revocations by CBN
In response to the recent revocation of licenses by the Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation...
Bank Executives Allegedly Given Lavish Loans – Shareholders Demand Action
In a recent analysis of the financial statements of Union Bank of Nigeria, Stanbic IBTC Holdings, Sterling Bank, and Access...
FG Plans N5 Billion Upgrade for Abuja Rail Transit System Amid Economic Crises.
The Nigerian government has revealed its ambitious plans to upgrade the Abuja Rail Mass Transit (ARMT) System, one of the...
NNPC Partners with Nipco Plc for Nationwide CNG Delivery.
In a move to provide Nigerians with cheaper and cleaner alternative fuel options, the Nigerian National Petroleum Company Limited (NNPC)...
DMO Records N204.50 Billion in Treasury Bills Sales, FMDQ Report Shows.
In June 2023, the Debt Management Office (DMO) conducted Treasury Bills (T.bills) auctions with a total value of N204.50 billion....
House of Representatives Urges CBN to Ease Access to N250 Billion Gas Expansion Facility.
In response to the ongoing concerns over the rising petrol prices in Nigeria, the House of Representatives has called on...
NLC President, Ajaero, Confirms Commencement of Nationwide Protest by Workers.
Nigeria Labour Congress (NLC) President, Joe Ajaero, confirmed on Wednesday that the nationwide protest announced by workers has commenced despite...
States and Local Governments Witness a 27.62% Increase in Revenue Amid Economic Hardship.
In the first half of 2023, state and local governments in Nigeria received a total of N2.59tn from the federation...
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