Category: Business
Nigeria’s Inflation Rate Drops from 34.8% to 24.48% After Rebasement
A vendor counts her money as a girl looks on at the Lokoja International Market in Lokoja on October 21, 2024. (Photo by OLYMPIA DE [more…]
JUST IN: Nigeria’s Inflation Rate Falls to 24.48% Amid Economic Adjustments
Sellers look for customers while selling clothes at the Balogun Market in Lagos on December 18, 2023. (Photo by Benson Ibeabuchi / AFP) Nigeria’s [more…]
Wema Bank Marks 80th Anniversary with “80 Years of Spreading Love” Valentine Campaign
Wema Bank has kicked off its 80th-anniversary celebration with the launch of its “80 Years of Spreading Love” Valentine campaign, running from February 1st to [more…]
Wema Bank Marks 80th Anniversary with New Identity
In preparation for its 80th anniversary, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has unveiled the identity [more…]
Wema Bank Launches Final Phase of Capital Raise Exercise
Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, Wema Bank, has announced that it will be completing its capital raise [more…]
Federal Government Introduces Two New Savings Bonds
FILES: Naira notes The Federal Government is offering two new Savings Bonds through the Debt Management Office. A statement by the DMO listed the [more…]
Senate Begins ₦49.7tn Budget Defence, Targets Jan 31 Passage
FILE: The Nigerian Senate The Chairman of the Senate Committee on Appropriations, Adeola Olamilekan, has affirmed January 31, 2025, as a provisional date for the [more…]
CBN: FG’s Borrowing Pushes Money Supply Up 51% to ₦108.96tn
FILES: Naira notes Riding on the back of domestic borrowings by the Federal Government from the private sector, Nigeria’s Broad Money Supply (M2) increased [more…]
CBN Reports Growth in Nigeria’s Economy for Q3 2024
Photo illustration of CBN Governor, Yemi Cardoso, and CBN logo The economy grew by 3.46 per cent in Q32024, with output reaching ₦20.115 trillion, [more…]
SERAP Demands Reduction of N9.4bn Presidency Expenses, N344bn NASS Budget
Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Godswill Akpabio, and Speaker of the House of Representatives, Tajudeen Abbas “to cut the [more…]