Economy
Rising AMCON Expenses Pose Future risk for Nigeria’s Banking System.
The escalating expenses incurred by Nigerian banks for the Asset Management Corporation of Nigeria (AMCON) and deposit insurance premiums in...
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Liquidity Crunch in Nigerian Banking Sector Spurs Surge in Borrowings.
The Nigerian banking sector is currently facing a liquidity crunch, with Deposit Money Banks (DMBs) and merchant banks resorting to...
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Forex Trading Booms in Nigeria: A Lucrative Investment Option for All.
In recent years, Nigeria has emerged as a vibrant participant in the global surge of forex trading. This burgeoning trend...
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DAPPMAN Supports President Tinubu’s Petrol Subsidy Removal, Donates CNG Buses Worth N10 Billion
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has fully supported President Bola Tinubu's administration in sustaining the...
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Nigerian Government and Kingdom of Netherlands Collaborate to Strengthen Economic Ties.
The Nigerian government and the Kingdom of Netherlands have embarked on an Economic Consultation aimed at modernizing the existing bilateral...
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KPMG Predicts Petrol Subsidy Withdrawal Could Push Nigeria’s Inflation Rate to 30%.
KPMG, a multinational audit, tax, and advisory services firm, has warned that the ongoing withdrawal of petrol subsidies in Nigeria...
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SEC Collaborates with SON to Develop Export Standards for Nigerian Commodities.
The Securities and Exchange Commission (SEC) has announced its partnership with the Standards Organisation of Nigeria (SON) to establish standards...
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Nigeria Agrees to Cut Crude Production for Global Oil Market Stability.
In a bid to ensure stability in the global oil market, Nigeria has announced its agreement to reduce its crude...
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CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.
The Central Bank of Nigeria (CBN) has revealed that the Federal Government recorded a fiscal deficit of N930.8bn in the...
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Nigeria, South Africa, and Kenya Top African Countries in Facing Online Threats.
A recent cyber threats report by cybersecurity firm Kaspersky has revealed that Nigeria, South Africa, and Kenya are the top...
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