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Business & Economy

Naira rebounds, now best performing currency in the world

May exchange below N1,000/1USD - Goldman Sachs Nigeria’s naira could extend gains that have already made it the best-performing currency in the world this...

Tinubu appoints 36-year old Nwagba to drive consumer credit finance in Nigeria

President Bola Ahmed Tinubu has approved the appointment of Uzoma Nwagba as the Managing Director/Chief Executive Officer of the Nigerian Consumer Credit Corporation (CREDICORP). According...

NERC reels out locations affected by new electricity tariff in Lagos

Following the increase in the electricity tariff for customers under the Band A classification, the Nigerian Electricity Regulatory Commission, NERC has listed the areas...

Breaking: External reserves rise to $34.11bn as CBN settles all FX backlog

For the first time in eight months, Nigeria’s external reserves climbed to $34.11bn even as the Central Bank of Nigeria (CBN disclosed that it...

Aig-Imoukhuede returns as board Chairman, Access Bank Holdings, 10 years after exit as bank CEO

Access Holdings Plc has announced the return of Aigboje Aig-Imoukhuede as its Non-Executive Chairman. This is coming exactly 10 years after completing his term...

Again, Nigerian Breweries hikes price of products…second time in two months

For the second time in two months, brewery giant, Nigerian Breweries Plc announced another increase in the price of its products after the earlier...

Goldman Sachs projects stronger future for the Naira, says currency will exchange for N1,200/1$ in 12 months

American investment and financial services giant, Goldman Sachs says the naira will appreciate to N1,200 against the dollars in the next twelve months. The financial...

FG evicts Emefiele from Lagos official residence

Disgraced former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has reportedly been evicted from his Lagos official quarters by the...

Access Bank appoints Bolaji Agbede Acting CEO

Access Holdings Plc has announced the appointment of Ms. Bolaji Agbede as the Acting Group Chief Executive Officer. The appointment of Ms. Agbede was...

IMF advises FG to completely phase out fuel and electricity subsidies

The excruciating economic hardship Nigerians are going through notwithstanding, the International Monetary Fund (IMF) has asked the federal government to completely phase out petrol...

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