Debt service gulps 70% of dollar outflow in Q1
Nigeria spent about 70% of its dollar payments to service external debts between January and March 2024. According to data from the Central Bank of Ni
Business
All the recent business news in Nigeria, economy and industry updates.
51% of CEOs in W/Africa expect local economies to decline in 2024 — PwC
The PwC Annual Global CEO survey report for West Africa has revealed that about 51% of chief executive officers (CEOs) across the region expect their
GTCO shareholders approve $750m capital raising
Shareholders of Guaranty Trust Holding Company (GTCO) Plc on Thursday at the third Annual General Meeting approved the company’s plan to establish a c
Court dismisses suit challenging FG’s N23tn ways and means loan
A Federal High Court in Abuja has dismissed a suit seeking to restrain the federal government from securitising the sum of N22.7 trillion Ways and Mea
CBN Act amendment can weaken apex bank’s autonomy – IMF
The International Monetary Fund (IMF) has said there is a risk that the ongoing work by members of the legislature to amend the CBN Act could weaken t