Access Holdings is on track to complete its N500 billion recapitalization for Access Bank Limited, with over 105% oversubscription from its rights issue.
President Bola Tinubu affirms his administration’s commitment to tax reforms, dismissing calls for withdrawal amid resistance
Federal Government and opposition parties dispute the impact of President Tinubu’s economic reforms. Critics cite increased hardship
Despite cash in circulation at an all time high, Nigerians face pervasive cash scarcity, compelling the CBN to act by slapping fines on banks selling mints to currency hawkers.
Aiming to reduce financing gap between men-led and women-led SMEs AFAWA unlocks $50 million facility to provide support for women-led enterprises
Nigeria’s naira strengthens to N1,515 per dollar amid market reforms and improved forex inflows. Analysts predict stability around N1,500/$
Naira records gains at official market, slides at black market as Monetary Policy Committee (MPC) raise interest rate slightly.
Nigeria’s GDP grew by 3.46% in Q3 2024, led by the services sector’s 5.19% growth. With oil sector been key economic drivers
Nigeria’s unemployment rate declined to 4.3% in Q2 2024, reflecting improved labor conditions. Youth unemployment dropped to 6.5%
Nigeria’s MPC begins its final 2024 meeting with analysts predicting a 25-50 bps hike in the Monetary Policy Rate to tackle rising inflation
