Nigerian Stock Exchange Sees 56.4% Decline in Transactions
The Nigerian Exchange Limited (NGX) has reported a substantial 56.4% decrease in market transactions, highlighting ongoing economic challenges and investor
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Finance
Federal Government to Disburse YEIDEP Grants to Youth Entrepreneurs in July
The Federal Government of Nigeria has announced that disbursement of grants under the Youth Empowerment and Innovation Development Programme (YEIDEP)
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Market Tumbles: Investors Lose ₦274 Billion as Stock Market Declines
The Nigerian capital market faced a heavy blow this week as investors lost a staggering ₦274 billion due to a
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US Launches Investigation into USAID Funds Allocated to Nigeria
The United States Mission to Nigeria has announced that the U.S. government is initiating an investigation into how past aid,
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National Assembly Amends Items in 2025 Budget
In the latest session of the Nigerian National Assembly, significant amendments were made to the 2025 budget passed just last
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UBA Group Donates $500,000 to African Union Peace Fund
The United Bank for Africa (UBA) Group has donated $500,000 to the African Union (AU) Peace Fund. This landmark contribution
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Nigeria Secures $52 Billion as Afreximbank’s Largest Beneficiary
The African Export-Import Bank (Afreximbank) has revealed that Nigeria has received a cumulative disbursement of approximately $52 billion, positioning the
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Bank Mergers and Acquisitions Looms
The Nigerian banking sector is bracing for significant changes as the Central Bank of Nigeria (CBN) has mandated a new
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Central Bank of Nigeria Launches Innovative Accounts for Diaspora Community
In an effort to provide greater economic participation from Nigerians living abroad, the Central Bank of Nigeria (CBN) has introduced
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Call for Increase in Currency Swap Between China and Nigeria To Improve Economic Growth
In a strategic move aimed at reinforcing economic ties, President Bola Tinubu of Nigeria has urged the Chinese government to
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