HM Wale Edun delivered a decisive call for action during the Islamic Development Bank @isdb_group Governors’…
Category: FINANCIAL NEWS
FINANCE MINISTRY INAUGURATES ANTI-CORRUPTION AND TRANSPARENCY UNIT (ACTU) COMMITTEE
The Federal Ministry of Finance has taken a significant step towards promoting transparency and accountability in…
China, Nigeria renew bilateral currency swap agreement
Reported by Xinhua China’s central bank on Friday said that it has renewed a bilateral currency…
FAACshared 1.727 Trillion to the three tiers of government for November 2024
The Federation Account Allocation Committee (FAAC), at its December 2024 meeting chaired by the Honourable…
ALLOCATION SHARE OF N1.411TRILLION BY 3 TIERS OF GOVERNMENT FOR THE MONTH OF OCTOBER 2024
The Federation Account Allocation Committee (FAAC), at its November 2024 meeting in Bauchi chaired by…
Oando Plc post a pre-tax profit of N45.51 billion for June 2024.
Oando Plc has released its unaudited financial result for the first half of 2024 posting…
OpenAI moves to become a for-profit business after its $6.6 billion fundraising
OpenAI, the artificial intelligence powerhouse valued at $157 billion after a recent $6.6 billion funding,…
10 largest banks in Nigeria and their capital base as at the year 2024
Banks are pivotal entities within Nigeria’s financial landscape, embodying significant economic prowess and serving as…
Naira exposure to market forces loses to the $ @N1,650 in the official market
The local currency has been left to the whims of market forces amid the strengthening…
Bitcoin’s rising price a huge risks to latecomers and non-holders, leading to social and economic inequality
Economists from the European Central Bank (ECB), Ulrich Bindseil and Jürgen Schaaf, have issued a…