UK Fines GTBank £7.6m over Money Laundering Controls
United Kingdom (UK) watchdog, Financial Conduct Authority (FCA), has fined Guaranty Trust Bank (UK) Limited £7,671,800 for serious weaknesses
Music Icons P-Square Pays Tribute to Late Anyiam-Osigwe
Nigerian singers, Peter and Paul Okoye, popularly known as P-square, have expressed shock following the news of the death of Peace Anyiam-Osigwe
Airtel Africa Acquires Additional Spectrum in Nigeria
Airtel Africa Plc on Monday said that its Nigerian subsidiary, Airtel Networks Limited, has purchased additional spectrum for network
Royal Exchange Names Nwachukwu Chief Executive
Royal Exchange General Insurance Company Ltd. has announced the appointment of Mrs Ebelechukwu Nwachukwu, as the new Managing Director/Chief Executive Officer...
Nigeria Reveals Plan to End Fuel Importation
The Federal Government on Monday projected that by the first Quarter of 2024 Nigeria will put an end to the importation of petroleum products into the country.
FGN Bonds Yield Inches Higher to 12.71%
Federal Government of Nigeria (FGN) bonds experience selloffs in the secondary market, pushing the average yield to 12.71% ahead of a large borrowing plan for the fiscal year...
IMF Cuts Nigeria Growth Forecast
The International Monetary Fund (IMF) has revised Nigeria’s 2022 real gross domestic product (GD
Global Oil Supply Rises to 101.66mbpd in October -IEA
Amidst energy crisis pressures spreading across major economies, global oil supply in October rose by 410,000 barrels per day (bpd)
UN Pledges Support for Nigeria on SDGs
The UN is committed to assisting Nigeria to attain the Sustainable Development Goals (SDGs) 2030
FG Borrows to Service Debts as Revenue Falls by 54%
About 54% decline in government revenue forced the Federal Government of Nigeria (FG) to borrow from the local debt capital market
