Bukola
BudgIT’s service delivery promotion platform, Tracka, which allows citizens to track and give feedback on public projects in their communities, yesterday announced that its findings reveal that a total of N81.7 billion was allocated to…
Bukola
Shareholders of Wema Bank Plc have commended its board and management for delivering a good result in the 2022 financial year. They gave the commendation at the lender’s 2022 Annual General Meeting (AGM) held on…
Bukola
The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the Investors and Exporters’ (I&E) window. In a statement signed…
Tony Chukwunyem
The country’s Purchasing Managers’ Index (PMI) rose to 54.0 in May from 53.8 in April, Stanbic IBTC Bank’s Nigeria PMI report for last month has said. According to the report, the expansion was driven by…
Rhoda Ogunseye
The domestic bourse on Wednesday ended mixed with a bullish tilt, to close the month of May in green as the benchmark index gained 6bps to settle at 55,769.28 points, amid sustained bargain hunt- ing…
Bukola
I-invest, Nigeria’s leading digital investment platform, celebrated five years of providing access to secure investment opportunities with an Investment Mixer on May 27, 2023. The event, which was attended by financial investors, business executives, and…
Bukola
The Chief Executive of the world’s largest asset manager, BlackRock Inc, Laurence Fink, said on Wednesday that inflation remained sticky and the Federal Reserve may need to hike interest rates further to contain price pressures.…
Bukola
Shareholders of one of Africa’s fastest growing companies, Sterling Bank, have commended the board of directors, executive management and staff of the bank on its remarkable financial performance for the 2022 year, resulting in a…
Tony Chukwunyem
The country’s external reserves fell by $51.11 million in one week to $35.15 billion as at May 26, 2023, data obtained from the Central Bank of Nigeria (CBN) shows. According to the apex bank, the…
Bukola
Emerging economies will continue to suffer from the spillover of economic problems in the U.S., which are restricting their market access and pushing up financing costs, a Moody’s report said on Thursday. A combination of…