Finance

Nigeria must leverage national assets to attract forex inflow — Teriba

Nigeria must levrage on its national assets in order to attract foreign exchange inflows and build huge external reserves needed to achieve stable exchange rate, said Chief Executive of Economic Associates,…

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Trump-Zelenskyy Meeting Ends In Heated Exchange

Donald Trump and Ukrainian President Volodymyr Zelenskyy’s White House talks collapsed into a tense confrontation,…

Neymar avoids $3m fine for building lake at Brazilian mansion

A Brazilian court has suspended a $3 million fine imposed on soccer star Neymar last…

2024 UTME notification slip ready for printing – JAMB

The 2024 Unified Tertiary Matriculation Examination notification slip, which shows candidates the date, venue, and…

Heatwaves may put millions of Asian children at risk — UN

Global monitors have warned that 2024 is shaping up to be the hottest year on…

Lasted Finance

CBN resumes dollar sales to BDCs, halts Naira depreciation

The Central Bank of Nigeria, CBN yesterday, announced the resumption of dollar sales to bureaux de change, BDCs, a development that reversed…

Illicit financial outflows cost Nigeria, others $50bn annually – Shippers’ Council

Nigeria and other African nations are losing $50 billion a year to illegal financial outflows, according to the Nigerian Shippers’…

Insurers’ assets hit N3.3trn as premium income rises by 51%

Despite the harsh operating business environment in the economy, insurance companies were able to grow their total assets by 36.9 per…

Global growth remains unchanged at 3% in 2024 – IMF

The International Monetary Fund (IMF) says global growth is projected to remain unchanged at 3.2 per cent in 2024 and…

Poverty alleviation: Court orders Buhari’s minister to explain N729bn disbursement

Justice Dehinde Dipeolu of the Federal High Court in Lagos has directed the former Minister of Humanitarian Affairs, Disasters Management…

Banks recapitalization will increase loans, advances — Proshare

Analysts at Proshare Nigeria, an online news media, have projected increased bank loans and advances among other things following banks’ recapitalization.…

Naira depreciates to N1, 520/$ in parallel market

The Naira yesterday depreciated in the parallel market to N1,520 per dollar from N1,515 per dollar on Tuesday. Similarly, the…

CBN to sanction banks for rejecting old, small Dollar denominations

The Central Bank of Nigeria (CBN) has threatened to sanction Deposit Money Banks (DMBs) for rejecting old and small denominations of…