Experts Attribute Rising inflation rate to Border Closure Financial experts have attributed rise in inflation rate for the month of September to border closure and the new minimum wage. They stated this in separate interviews in Lagos, in reaction to September...

Inflation Increases By 11.24% In September 2019 The consumer price index, (CPI) which measures inflation increased by 11.24 percent (year-on-year) in September 2019. This is 0.22 percent points higher than the rate recorded in August 2019 (11.02) percent. Increases were recorded...

Rice smuggling: Court Freezes 45 bank accounts A Federal High Court in Abuja has ordered the temporary freezing of 45 bank accounts belonging to three companies allegedly involved in smuggling of rice into Nigeria. The companies whose accounts were...

Buhari Seeks NASS approval for N10.06bn refund to Kogi Govt The Senate has received a request from President Muhammadu Buhari for an approval to pay Kogi State Government N10.069 billion being refund of money spent by the state on behalf...

N15bn FG’s Green Bond listed on NSE The Federal Government has listed its N15 billion green bond on the daily official list of the Nigerian Stock Exchange (NSE). The seven-year bond issued at coupon rate of 14.50 per cent on June...

Access Bank hits N1bn in digital Daily lending Access Bank Plc. has hit one billion naira daily in loan value through its expanded digital lending portfolio. Mr Victor Etuokwu, the bank’s Executive Director, Retail Banking, stated this in Lagos on Tuesday. Etuokwu...