External reserves dips by $178m in March – CBN The country’s foreign reserves continued its downward trend, losing $178m in March, figures obtained from the Central Bank of Nigeria revealed on Thursday. The reserves which stood at $34.99bn as of the...

High Airfares May Linger For Three Months, Says Analysts There are indications that the current high airfares being charged on domestic destinations might linger till July when it is expected that Nigerian airlines would bring in more aircraft from maintenance...

Stock Market Shed N634bn in First Quarter The Nigerian stock market shed N634 billion or three per cent in the first quarter (Q1) of 2021 as policy reversal, continued absence of foreign investors influenced the performance of the market. The market,...

FG extends NIN-SIM linkage by One Month The deadline for linking Subscriber Identification Modules (SIMs) with valid National Identity Numbers (NIN) has been by four weeks. The development is contained in a statement by spokesperson of the National Identity Management Commission...

COVID-19: Pantami Presents Jaiz Bank's N125M to Innovators, Entrepreneurs. The Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami, yesterday in Abuja presented cheques amounting to N125M to four entrepreneurs and innovators who were adjudged winners of Jaiz...

Development Bank's Loan Portfolio Up by N90bn Development Bank of Nigeria(DBN) Plc, in its 2020 financial report just released witnessed a surge in the volume of loans disbursed by 89% from N101.5bn in 2019 to N191.7bn in 2020. This growth is...