Nigerians in Diaspora have been described as the chief enablers financing the Nigerian economy. The remittance inflows into the country showed that the nation depends largely on them to survive.
This disclosure was made by the Leader and Chief Economist of PwC, Dr Andrew Nevin. …
Read more...
Nigeria’s inflation rate has increased from 11.98% recorded in December 2019 to 12.13% in January 2020. This is the highest rate recorded in the country since May 2018, which was 11.61%.
According to the NBS report, month on month, inflation rose by 12.13% in January, higher than the rate...
The management of Access Bank Plc has notified the Nigerian Stock Exchange of the relocation of its head office from Danmole Street in the Victoria Island axis of Lagos State to Oniru within the commercial hub of the nation.
This was disclosed in a notice sent to the …
Read more via...
The Egyptian Ministry of Health has confirmed the first case of the novel coronavirus in Africa on Friday. This came after the ministry conducted several tests for the carrier....
Read more via Nairametrics – https://ift.tt/39EcpSG
Get More Nigeria Metro News
World Bank has alleged that African Development Bank (AfDB), Asian Development Bank, and the European Bank for Reconstruction and Development worsen the debt burden of Nigeria and other countries.
This was disclosed by the President of the global lender, David Malpass, at a forum in...
In order to meet the new capital base directed by the insurance market regulator, National Insurance Commission (NAICOM), AIICO Insurance Plc, is planning to raise funds....
Read more via Nairametrics – https://ift.tt/2OEYQdw
Get more: Nigeria Business News
These are not good times for ride-hailing companies and their patrons in Lagos, as Governor Babajide Sanwo-Olu led administration has started beaming lights on the operations of the car-hailing firms like Uber, Bolt, and Ocar among others.
This has caused an uproar on social media, with some...
Ride-hailing service, Gokada doesn’t look at ditching its brand, even after being banned from operating alongside other commercial motorcycles (Okada) and tricycles (Keke Napep) in Lagos State.
While the ban, which took effect from February 1, 2020, continues, Gokada has disclosed plans to...
Nigeria’s total debt stock rose to N26.14 trillion as of the end of September 2019. This is disclosed in the latest report released by the National Bureau of Statistics (NBS).
The report stated that the nation’s total debt rose from N25.70 trillion in March 2019 to N26.14 trillion by the …...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has reacted to analysts’ projections concerning the devaluation of naira.
According to Emefiele’s recent stance, naira devaluation will not be happening anytime soon. Emefiele reportedly stated that Nigeria’s reserves level...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.