Finance

Forex Crisis: SEC Pledges To Cooperate With EFCC

The Securities and Exchange Commission has pledged to work with the Economic and Financial Crimes Commission in a bid to ensure that trade manipulations are reduced in the virtual space.…

Your Trusted Source for Accurate and Timely Updates!

Adamimogo FM Nigeria: A vibrant tapestry of dreams, a powerful conduit for unity, and a platform that sparks inspiration. With every broadcast, we aim to light the way forward, connect hearts, and empower voices across South West Nigeria, and beyond. Tune in, and be part of something truly transformative.
- Advertisement -
Ad image

2027 Presidency: Jerry Gana Leads PDP Search for Candidate, Reaches Out to Peter Obi

One of the founding members of the Peoples Democratic Party (PDP), Professor Jerry Gana, has…

By

Education Minister Endorses Drug Tests for Tertiary Students, Curriculum Review on Drug Education

The Minister of Education, Dr Tunji Alausa, has expressed full support for the implementation of…

By

Canada Joins France, UK in Move to Recognise Palestinian State by September

Canada has announced plans to formally recognise a Palestinian state by September, making it the…

By

Oyo Government Denies Replacing Gbagi Market Car Park with Shops, Describes Claims as False

The Oyo State Government has refuted claims that it demolished a car park at the…

By

NNPC Reaffirms Commitment to Refinery Repairs, Rules Out Sale of Port Harcourt Plant

The Nigerian National Petroleum Company Limited (NNPC Ltd) has confirmed it is seeking additional funding…

By

Oyo Govt Debunks Claims On Converting Bola Ige Market Carpark To Shops

The Oyo State Government has debunked allegations that it has replaced the car park at…

By

Just for You

Ex-Presidential Aide Imoukhuede Mourns Buhari, Hails Leadership, N-Power Legacy

The former Senior Special Assistant to the President on Job Creation and Youth Employment, Afolabi…

AAC Demands Cancellation of Lagos LG Poll, Alleges Widespread Irregularities

The African Action Congress (AAC) in Lagos State has called for the immediate cancellation of…

Remi Odunsi Rallies Support for Female APC Candidates in Ikosi-Isheri, Agboyi-Ketu, Urges Youths to Vote in Lagos Council Elections

  Ahead of Saturday’s local government elections in Lagos State, Executive Director of the Remi…

Exam Malpractices: Oyo Reiterates Ban on Meta Glasses, Phones in Schools

The Oyo State government has reaffirmed its ban on mobile phones, smart watches, including Meta…

Lasted Finance

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…

Forex: Turnover in NAFEM rises 74% to $22.88 bn in H1’24

The volume of dollars traded (turnover) in the Nigerian Foreign Exchange Market, NAFEM, rose year-on-year (YoY) by 74 percent to $22.88 billion in…

CBN’s Interest Rate Hike Hindering Growth, Job Creation – Dangote

The President and Chief Executive Officer of the Dangote Group, Aliko Dangote, yesterday faulted the hike of interest rate to…

CBN will support Eurobond issue, measures to boost external reserves – Cardoso

Governor, Central Bank of Nigeria, Olayemi Cardoso yesterday said that the apex bank will support measures to boost the nation’s external…

Nigeria’s terms of trade falls 0.12%

All commodity terms of  trade (ToT) declined by 0.12 percentage points in the first quarter of 2024 (Q1’24), just as the…