Bank Borrowing From CBN Reaches N12tn Due To Cash Shortages
Commercial banks and merchant banks appear to be increasingly reliant on the Central Bank of Nigeria ...
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Ghana’s headline inflation rises to 43.1% due to rising food costs
Ghana’s inflation rate increased to 43.1% in July, reaching the highest level in four months due ...
Read moreNaira Falls Due To Forex Supply Crisis
We Still Sell Forex, BDCs Assure Nigerians The Nigerian naira fell against the US dollar in ...
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Nigeria’s economy to gradually decline due to security issues in oil sector – IMF
The International Monetary Fund (IMF) has said that Nigeria’s economy is set to gradually decline because ...
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Stock market cap sheds whopping N706.77bn due to selloffs in Fidelity Bank, others
The stock market capitalisation continued its decline on Thursday, shedding N706.77 billion to selloffs in Fidelity ...
Read moreDangote Cement Shares Hit N6.145trn Due To Repurchase
After announcing its intention to buy back its own shares from shareholders on Tuesday, Dangote Cement ...
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Total Energies is undervalued amid a decline in earnings due to cost pressure
Total Energies has shown consistent revenue growth over the past five years, with a record-breaking 41% ...
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World Bank lists problems Nigeria faces due to black market rate
The President of the World Bank Group, David Malpass, has warned against the parallel exchange rate, ...
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36.96% of Nigerian businesses forced to lay off staff due to naira scarcity – SBM
Article summary The percentage of those who said their enterprise was significantly impacted totalled 76.09%. 96% ...
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Poultry farmers in Nigeria lose N30 billion due to naira scarcity
The Nigerian poultry industry has lost over N30 billion amid cash scarcity in the country. Association ...
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