Lagos GDP Hits $259 Billion, Emerges Second-largest City Economy in Africa
The Gross Domestic Product (GDP) of Lagos state has hit $259 billion, based on Purchasing Power Parity (PPP), placing it…
Category: Finance
Cardoso: National Theatre Catalyst to Unlocking $25bn Potential in Creative Industry
Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso, has said revamping the National Arts Theatre would be a spur…
IMF Allays Fears, Says Nigeria’s Public Debt Not High Risk
International Monetary Fund (IMF) allayed fears that the country was on the verge of sliding into a debt trap, saying…
NBS: Aided By Non-oil Sector, GDP Grew By 3.40% in 2024, 3.84% in Q4
Nigeria’s annual Gross Domestic Product (GDP) growth stood at 3.40 per cent in 2024, from 2.74 per cent in 2023,…
CeBIH Partners Stakeholders to Push AI Adoption in Nigeria’s Banking Sector
In an era where digital transformation is redefining financial services, the Committee of e-Business Industry Heads (CeBIH) disclosed that it…
Cardoso: Naira’s Recovery Attracting Foreign Investors
The Governor of Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday said despite Naira’s volatility in recent years, the…
Access Bank Hosts Pioneering Africa Trade Conference in Cape Town
Access Bank PLC is set to host its first-ever Africa Trade Conference (ATC), a landmark event focused on advancing Africa’s…
Cardoso Unveils Initiatives to Boost Payment Turnaround, Streamline Approval Processes, Others
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has unveiled two transformative initiatives aimed at improving payment…
Ecobank Promotes Sustainability Via Art With ‘Kong in a Cage’ Installation
Continuing its efforts to foster sustainability in Nigeria, Ecobank Nigeria has unveiled a new art installation, Kong in a Cage,…
$225M Debt: GHL Disputes FBN’s Claims, Insists It’s Not Indebted to the Bank
Contrary to claims of alleged debt to First Bank of Nigeria (FBN) Plc, the management of the General Hydrocarbons Limited…