Finance

Nigerian Senate moves to regulate Opay, Palmpay, Money…

The Nigerian Senate on Friday moved to regulate Opay, Palmpay, Moniepoint, following an alarm raised by Senator Adams Oshiomhole over account hacking As a result to the development, the Senate...

IFAD-VCDP in Ebonyi proposes N5.17b budget for 2026

Abakaliki, Nigeria - The International Fund for Agricultural Development (IFAD) assisted Value Chain Development Programme (VCDP) has proposed...

Why Nigeria’s Minister of Finance Wale Edun travelled to UK

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reportedly travelled to the United...

Fidelity Bank grows PBT by 167.8% to N105.8b in Q1 2025

Fidelity Bank Plc, one of Nigeria's leading Tier-1 financial institutions, has announced a remarkable financial performance for...

Nigeria takes legal action against Binance demanding $81.5b…

Nigeria has filed a lawsuit demanding $81.5 billion from Binance for the economic losses it claims were caused...
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Naira traded at N825 at black market, N795 at I&E window

The Nigerian currency, the naira, was traded at the average rate of N825 to the dollar at the parallel markets (black market) on Tuesday.

Why CBN raises MPR from 18.75% to 22.75% – Cardoso

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) by 400 basis points (bps)...

Why AfDB, AGF solicit increased financing access for women entrepreneurs

The African Development Bank (AfDB) and the African Guarantee Fund (AGF) have stressed the need to close the finance access gap for women-led businesses to increase their contributions to the country’s economic growth.

Why Naira loses marginally, exchanges N461.50 to dollar

Nigerian currency' the Naira is being exchanged at N461.50 to the dollar at the Investors and Exporters window.
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