High Inflation: FCCPC Moves To Curb Exploitative Pricing – Leadership News
by Bukola Aro-Lambo The Federal Competition and Consumer Protection Commission (FCCPC) has said it will be engaging leaders of markets and others in the supply and distribution chain across…
Nigerian states spend N139.92 billion servicing external debt in first six months of 2024 – Nairametrics
by Sami Tunji Story highlights Nigerian states have experienced a 122% increase in external debt servicing in the first six months of 2024, reaching N139.92 billion compared to…
Nigeria’s crude oil production rises to 1.3 million bpd in July- OPEC – Nairametrics
by Aghogho Udi Nigeria’s crude oil production in the month of July rose to 1.307 million barrels of crude oil daily according to the monthly oil market report of…
Zenith Bank Targets Global Operation Expansion With N290bn Hybrid Offer – Leadership News
by Olushola Bello Zenith Bank Plc, has said part of its ongoing N290 billion hybrid offers will be used for the growth and expansion of its global operation. The…
‘Bank Manager, Chinese Expatriates’ N17 Billion Fraud: A Dangerous Economic Sabotage – Daily Trust
By Fidelis Akumatu There is significant danger looming in the Nigerian banking system which we must all pay attention to. In an outrageous display of collusion and fraud,…
10 Banks Pay N1.66trn Into AMCON’s Trust Fund In 10 Years – Leadership News
by Bukola Aro-Lambo Within 10 years, precisely between 2014 and 2023, 10 deposit money banks paid N1.66 trillion into the Banking Sector Resolution Cost Trust Fund (BSRCTF), also known…
Alleged 5.4bn Shares: CBN, FBN Holdings Ask Court to Dismiss Barbican Capital‘s Suit – This Day News
By Wale Igbintade The Central Bank of Nigeria (CBN), and FBN Holdings Plc have asked a Federal High Court sitting in Lagos to dismiss a suit filed by…
Africa’s mounting debt crisis and the need for reform in global financial architecture – The Cable
By Guest Writer, MUHAMMAD MUSTAPHA GAMBO Africa’s debt stock has grown significantly in the past decade. Understandably, African governments took advantage of historically low interest rates in the…
Finance Minister, Edun Meets NNPCL Boss Kyari, Other Stakeholders Over Tinubu’s Directive On Dangote Refinery – Sahara Reporters
By Sahara Reporters Wale Edun, the coordinating Minister of the Economy, convened a crucial meeting with top stakeholders to enforce President Bola Tinubu’s order for the Nigerian National…
Naira gains further after CBN dollar sale to banks – Business Day
By Hope Moses-Ashike The naira on Monday gained further at the official foreign exchange (FX) market after the Central Bank of Nigeria (CBN) conducted its second retail Dutch…