Business
Nigeria Missing from Africa’s Fastest-Growing Economies — IMF Urges Deeper Reforms Despite Upward Growth Revision
The International Monetary Fund (IMF) has revealed that Nigeria is not among Africa’s fastest-growing economies, as countries such as Benin Republic, Côte d’Ivoire,...
Former AMCON Director Testifies Arik Air’s Union Bank Loan Was Non-Performing Before His Exit in 2015
A former Executive Director of Credits at the Asset Management Corporation of Nigeria (AMCON), Muhammed Jega, on Wednesday told the Lagos State Special...
Alliance Française Empowers Port Harcourt Students with Lessons on Law and Civic Values
The Alliance Française, Port Harcourt, a renowned language institute and non-governmental organisation, has educated over 160 students and pupils on legal systems and...
Kos-Ikah Calls for Afro-Arab Youth Business Fund to Boost Entrepreneurship Support
A youth parliamentarian, Onisoman Kos-Ikah, has decried the inadequate financial support available to young entrepreneurs across Africa and the Arab world, despite numerous...
SEC Moves to T+2 Settlement Cycle to Boost Efficiency and Investor Confidence in Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) has unveiled plans to transition Nigeria’s capital market from a T+3 to a T+2 settlement cycle, aiming...
Nigerian Stock Market Extends Winning Streak, Gains N20bn Amid Sustained Investor Interest
The Nigerian Exchange Limited (NGX) continued its upward momentum on Wednesday, as the equities market added N20 billion in value, lifting total market...
CBN Cuts Interest Rate for First Time Since 2020, Signalling Confidence in Nigeria’s Economic Recovery
Nigeria’s economy is entering a new phase as the Central Bank of Nigeria (CBN) cuts interest rates for the first time since 2020,...
Naira Slips for Third Day Amid Shifting Dollar Demand
The naira weakened for the third straight day, closing Wednesday’s trading at N1,473.29 per US dollar. Data from the Central Bank of Nigeria...
