Business

NGX Market Cap Drops By $27.8bn,  One Year After Floating Naira

By Yahaya Umar  About one year after the move by the Central Bank to float the Naira and achieve a unified exchange rate, the market...

Nigeria Records 55% Increase Net FX Flows To $25.4bn In H1, 2024

By Charles Ebi  Central Bank of Nigeria ,CBN, has said that the results of its policy measures are becoming evident, with net foreign exchange flows...

Credit Direct Announces Upgrade In Credit Rating, Commercial Paper

Credit Direct Finance Company Limited ,Credit Direct, the consumer finance arm of FCMB Group Plc and one of Nigeria’s leading digital-first non-bank financial services...

Govt’s Payment Initiatives Key To Achieving 95% Financial Inclusion – Expert

By Dickson Pat  Group CEO of Network International, Nandan Mer, has said that the ongoing drive to achieve 95% financial inclusion can be accelerated through...

FG Halts Plan Sale Of Rice To Civil Servants

By Aliyu Galadima  Federal Government has halted the plan to the sell subsidized 50-kilogram (kg) bags of rice to public servants priced at N40,000.   This is...

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