Browse Category

Finance & Economy - Page 314

Ajaero’s Arrest By DSS ‘A Brazen Act Of Lawlessness, Intimidation’ – NLC

NLC Rejects Federal Government’s ₦3 Trillion Power Sector Bailout

The Nigeria Labour Congress (NLC) has opposed plans by the federal government to grant a ₦3 trillion bailout to privately owned electricity generation companies, arguing that the move will not resolve the country’s power supply challenges. In a statement signed by its

February 20, 2026

Finance & Economy·News·Top Stories

IMF Begins Allocation Of $650bn SDR To Member States

THE International Monetary Fund (IMF) has commenced the allocation of its $650bn Special Drawing Rights to member countries. The Managing Director of IMF, Ms Kristalina Georgieva, said it was the largest allocation of SDR in history. “The allocation is a significant shot

August 24, 2021

Currency·Finance & Economy·Top Stories

Dogecoin Holders Increase From 9% To 25% In Six Months

A blockchain data platform, Chainalysis has said dogecoin, one of the major cryptocurrencies, is now being adopted by new investors at levels not seen since 2017. In a market intelligence report on dogecoin, the platform stated that 82% of DOGE in circulation

August 24, 2021

Finance & Economy·Top Stories

Nigeria’s Economy To Grow By 2.6% In Second Quarter

FINANCIAL Derivatives Company (FDC) has predicted that Nigeria’s economy will grow by 2.6% in the second quarter of this year, up from 0.51% in the first quarter. Analysts at FDC, headed by economic expert, Mr Bismarck Rewane, hinted that the expansion of

August 24, 2021

Finance & Economy·Top Stories

Bitcoin Rises Above $50,000

BITCOIN returned to above $50,000 on Monday for the first time in three months as investors stack back into the cryptocurrency on bargain-buying. The unit ascended around 2% to $50,249.15, its highest since mid-May, when it began tumbling on a range of

August 23, 2021

Fayemi Debunks Report Of Alleged N4bn Fraud Case At EFCC

Finance & Economy·Top Stories

Governors Canvass 42% Of National Revenue For States

GOVERNORS have recommended that 42% of national revenue accruing to the Federation Account go to states and 35% to the Federal Government. Ekiti State Governor and Chairman of the Nigeria Governor’s Forum (NGF), Dr. Kayode Fayemi, disclosed this while speaking at a

August 23, 2021

Finance & Economy·Top Stories

Fintech Can Transform Capital Market – NGX CEO

THE Chief Executive Officer of the Nigerian Exchange Limited, Mr Temi Popoola, has said fintech companies have the potential to transform the capital market and effectively build a digital economy. He made this assertion at the 2021 National Workshop of the Chartered

August 23, 2021

Finance & Economy·Top Stories

CBN Warns Microfinance Banks Against Selling Forex

THE Central Bank of Nigeria(CBN) has issued a warning to microfinance banks against performing activities that they are not permitted to indulge in, which includes wholesale backing and foreign exchange transactions. This was communicated in a circular titled, ‘Cessation of non-permissible activities

August 22, 2021

Finance & Economy·News

Vertical Revenue Sharing Formula Will Be Reviewed By FG – RMFAC

THE Federal Government has said it will review the extant vertical revenue allocation formula to the three tiers of government in the country. The Commissioner, Revenue Mobilisation and Fiscal Allocation Commission, Alhaji Modu Aji, states this at an interactive session with officials

August 22, 2021

Finance & Economy·Top Stories

Federal Goverment’s August Bonds Oversubscribed, Says DMO

THE Debt Management Office says Federal Government’s bonds for August worth N150bn was oversubscribed by N210.02bn. The bonds were auctioned on Wednesday with a total subscription of N360.02bn received from investors, comprising N77.69bn for 13.98% FGN February 2028 bonds, N104.95bn for 12.40% FGN

August 21, 2021

Currency·Finance & Economy·Top Stories

Facebook To Introduce Crypto Wallet, Novi

FACEBOOKon Friday announced that it would soon introduce its cryptocurrency wallet named Novi Digital Wallet, saying the wallet would be tied to the Diem Blockchain system. Facebook’s financial services chief and a board member of Diem, David Marcus, stated that the present

August 20, 2021

Previous 1 … 312 313 314 315 316 … 338 Next

Week Ahead: Nigeria CPI Cools, US-Iran Talks & US PCE in Focus

By Lukman Otunuga In a welcome development for Nigeria’s economy,

UK Factories Warn High Energy Costs Are Driving Businesses Overseas

Inside a glass factory in north-west England, molten glass pours

African Countries With The Largest Proven Oil Reserves In 2025

Markets Fall as Iran Signals New Chance for Nuclear Talks

Global shares slipped and oil prices fell on Tuesday after

Soludo Seals Shops for Two Weeks over Monday Sit-at-Home

The Anambra State Government has sealed dozens of shops at

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Finance & Economy - Page 314

NLC Rejects Federal Government’s ₦3 Trillion Power Sector Bailout

IMF Begins Allocation Of $650bn SDR To Member States

Dogecoin Holders Increase From 9% To 25% In Six Months

Nigeria’s Economy To Grow By 2.6% In Second Quarter

Bitcoin Rises Above $50,000

Governors Canvass 42% Of National Revenue For States

Fintech Can Transform Capital Market – NGX CEO

CBN Warns Microfinance Banks Against Selling Forex

Vertical Revenue Sharing Formula Will Be Reviewed By FG – RMFAC

Federal Goverment’s August Bonds Oversubscribed, Says DMO

Facebook To Introduce Crypto Wallet, Novi

Featured Stories

Week Ahead: Nigeria CPI Cools, US-Iran Talks & US PCE in Focus

Agubuzu: The Igbo Monarch Who Broke the Silence

JNIM’s Incursion into Nigeria’s Security Landscape – The Emerging Threat

Nigeria Reviews MTN Group’s Acquisition of IHS Towers Over Sector Impact

Whatsapp Channel

Latest News

Merz Reaffirms CDU ‘Firewall’ Against Far-Right AfD at Party Conference

Amended Electoral Act and Inducement of Apathy

Shooting Down Inflation and Rising Poverty

The Seyi Tinubu’s jellof rice, loaves of bread

Week Ahead: Nigeria CPI Cools, US-Iran Talks & US PCE in Focus

UK Factories Warn High Energy Costs Are Driving Businesses Overseas

Markets Fall as Iran Signals New Chance for Nuclear Talks

Soludo Seals Shops for Two Weeks over Monday Sit-at-Home

Merz Reaffirms CDU ‘Firewall’ Against Far-Right AfD at Party Conference

Suggestions

Finance & Economy - Page 314

Featured Stories

Follow Us

Whatsapp Channel

Latest News