Business

Business – Gist Alerts

CBN Increases Interest Rate To 16.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria on Tuesday, voted to increase the benchmark interest rate…

Read More »

UK Unemployment Rate Increases To 3.6%

The United Kingdom unemployment rate has risen to 3.6 percent but is still close to the lowest level in almost…

Read More »

Binance Agrees To Purchase Troubled Rival FTX

Binance, the world’s biggest cryptocurrency platform has announced that it wants to purchase it’s financially-troubled rival FTX.com. In a tweet,…

Read More »

CBN, AMCON Sell Polaris Bank To SCIL

The Central Bank of Nigeria and the Asset Management Company of Nigeria have announced the completion of a Share Purchase…

Read More »

Lafarge Nigeria’s Stock Plunge Amid $778m US Fine

Lafarge Africa Plc’ stock price dropped at the Nigerian Exchange Limited at the close of market on Tuesday, after a…

Read More »

Unremitted Funds: CBN Releases $265m To Airlines

The Central Bank of Nigeria (CBN) has released the sum of $265 million to airlines currently working in the country…

Read More »

Nigeria’s GDP Grows By 3.54 Percent In Second Quarter Of 2022

The Nigerian economy increased by 3.54 percent year-on-year in real terms in the second quarter of 2022, the National Bureau…

Read More »

Nigeria’s Inflation Rate Increases To 19.64%

The country’s Consumer Price Index (CPI), which measures the level of price change in goods and services, has increased to…

Read More »

World Bank Warns That Nigeria Is Facing Existential Threat

As a result of Nigeria’s dwindling revenue, the constant payment of trillions of naira on fuel subsidy by the government…

Read More »

EFCC Threatens To Arrest Dollar Hoarders

The Economic and Financial Crimes Commission (EFCC) has threatened to arrest Nigerians keeping dollars and other foreign currency. Chairman of…

Read More »
Back to top button