05/23/2025
The group’s revenue was supported by client acquisition and ongoing entrenchment strategies, strong net inflows from discretionary and annuity funds under management, and average interest-earning assets.
05/22/2025
The decline reflects a combination of external debt service payments and increased FX sales by the CBN
05/22/2025
The more subdued inflation readings relative to last year can be attributed to the rebasing of the CPI that was implemented by the NBS in Jan '25.
05/19/2025
The governor forecasts that average annual inflation will remain below 3.5% and should stay in single digits in 2025.
05/14/2025
The group concluded a three-day visit to South Africa, and now sees two interest rate cuts for the country this year, coming sooner than many other local analysts predict.
05/12/2025
The average loan rate declined by 0.64% after the banking regulator cut the base lending rate by 0.75% to 10%
05/12/2025
This was revealed in a recent Debt Rescue survey, which assessed the severity of the cost-of-living crisis on households.
05/12/2025
Bianca Odumegwu-Ojukwu, received the award as special guest of honour during the 25th anniversary of the Millennium Excellence Prize in Kumasi, Ghana.
05/08/2025
Bishop attributed the decline primarily to a sharp 4.8% drop in net exports, as US imports surged ahead of planned tariff hikes in April, timed for what she described as “US liberation day.”
05/02/2025
He progressed quickly and served as dean of the Faculty of Natural and Agricultural Sciences, where he had a big impact.
05/01/2025
Despite the resilience of Nigeria’s credit landscape, the nation’s credit penetration still lags behind peers on the basis of standardised metrics.
04/30/2025
“His leadership style is one that focuses on real change, and we believe his vision can elevate Ogun State to new heights,” the group said.
04/29/2025
Foreign specialists are being brought in to fill vacant positions, sometimes relocating to the Netherlands, but often continuing to work from their home countries.
04/25/2025
When their debt is added to the national government’s, South Africa’s debt-to-GDP ratio is closer to 95%.
04/17/2025
The group’s economists noted that even though Trump walked back ‘reciprocal’ tariffs against 60 or so countries for 90 days, his escalations with China have made the “dreaded trade war” a reality.
04/16/2025
The banking industry is operating in a fluid, rapidly changing environment.
04/16/2025
It would require careful planning, robust and clear policy direction, dutiful implementation, and averred commitment from stakeholders that would galvanise the various sectors of the economy.
04/15/2025
Despite the sequential growth in revenue, the federation's gross revenue was below the quarterly budget benchmark of NGN9.0trn.
04/15/2025
The modest decline was supported by higher gross revenue collection, especially oil receipts, aided by improved crude production and a weaker naira exchange rate.
04/15/2025
This marks the third consecutive monthly decline after the reserves peaked at USD40.9bn in Dec '24.