NAICOM charges NIA to rebuild public trust in insurance
The Commissioner for Insurance, National Insurance Commission (NAICOM) Mr. Olusegun Ayo Omosehin, has charged the Nigerian Insurers Association (NIA) to…
World Bank retains Nigeria’s lower-middle income status for 2027 classification
The World Bank has retained Nigeria’s lower-middle income classification for its 2027 fiscal year. This places Nigeria within the income…
IMF projects 4.7% global inflation, 3% economic growth
The World Bank has retained Nigeria’s lower-middle income classification for its 2027 fiscal year. This places Nigeria within the income…
Nigeria, Hong Kong seal pact to eliminate double taxation, boost investment
Nigeria has signed an agreement with the Hong Kong Special Administrative Region of the People’s Republic of China to eliminate…
Dollar demand pressures naira despite CBN’s N250m intervention
Demand for foreign currency remained elevated for a second consecutive week, piling fresh pressure on the naira despite a combined…
Nigeria’s economy exits contraction but households remain pessimistic, says CBN
Nigeria’s economy exited contraction in June as the Purchasing Managers’ Index, PMI, rebounded to 50.1 points from 49.6 points in…
Finance Minister seeks stronger tax cooperation in West Africa
The Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, has called for stronger regional collaboration to…
Rising cost of essentials to push more Nigerians into poverty
The International Monetary Fund (IMF) has warned that rising prices of essential goods will deepen poverty and food insecurity in…
Banks slash lending, cut N5.4trn across key sectors
Deposit Money Banks (DMBs) slashed lending to oil and gas, information and communication technology (ICT) and six other key sectors…
Banks slash lending, cut N5.4trn across key sectors
Deposit Money Banks (DMBs) slashed lending to oil and gas, information and communication technology (ICT) and six other key sectors…