Keystone Bank Rewards loyal Customers in ‘Welcome Back Campaign Promo
Keystone Bank, a leading financial institution in Nigeria, has rewarded its loyal customers through its “Welcome Back Campaign Promo,” an…
Category: Finance
Tinubu Ecstatic as 94.43% Non-oil Contribution Grows GDP By 3.46% in Q3
President Bola Tinubu has expressed excitement over the third quarter (Q3) Gross Domestic Product (GDP) report released yesterday by the…
Tracking of Constituency project will ensure proper allocation of resources- ICPC
Yemi Obafemi The Independent Corrupt Practices has said the tracking of 106 constituency and executive projects worth ₦41billion across Kano…
UBA Begins N239.4bn Capital Raise via Rights Issue, Paves Way for Strategic Expansion
United Bank for Africa (UBA) Plc. has initiated its N239.4 billion capital raise through a rights issue, aimed at reinforcing…
To Mitigate Risks, Boost Investments, CBN, IFC Sign $1 billion Deal to Support Local Currency Financing
The Central Bank of Nigeria (CBN) and the International Finance Corporation (IFC), yesterday, signed an agreement to increase local currency financing to…
IMF: Inflation Will Remain Substantially Higher in Nigeria, Other Oil Exporting Countries in 2025
The International Monetary Fund (IMF) has projected that with further policy adjustments expected, median inflation will decline slightly in Nigeria,…
IMF Urges Nigeria, Others to Make Taxation More Efficient to Boost Revenue
IMF, yesterday, advised Nigeria and other African countries to work towards making tax systems in their countries more efficient, equitable,…
Nigeria’s Foreign Debt May Hit $50bn
Nigeria’s external debt stock is expected to hit $50 billion as the Debt Management Office (DMO) prepares to release the…
Access Bank Secures Provisional Licence to Expand to Namibia
Access Holdings Plc has announced that its subsidiary, Access Bank Plc, has secured a provisional licence from the Bank of…
FX Volatility Pushes Customers to Borrow More as Banks’ Exposure Hits N63.86tn
Following the rush by bank customers for more money to fund their foreign exchange commitments, Nigerian banks’ exposure to their…