Month: July 2024

The International Monetary Fund (IMF) says global growth is projected to remain unchanged at 3.2 percent in 2024 and 3.3 percent in 2025. This is according to the IMF’s latest World Economic Outlook (WEO) Update Report for July 2024: “The Global Economy in a Sticky Spot” released on Tuesday.

Access Bank Plc has signed a syndicate Tier II facility agreement of 295 million dollars, equivalent to about N442.5 billion, with Dutch Entrepreneurial Development Bank (FMO) to foster economic growth.

The three tiers of government—federal, 36 states, and 774 local government authorities—shared a total sum of N1.354 trillion in June 2024 Federation Accounts Revenue, an official statement said.

With rising appetite for the naira asset, the average yield on Nigerian Treasury bills plunged slightly in the secondary market ahead of the Central Bank of Nigeria’s (CBN) open market operation (OMO) auction schedule for midweek.

The Nigerian local currency, the naira, experienced a slight gain against the US dollar in the official FX market on Tuesday as Nigeria recorded additional foreign currency inflows into external reserves.

AXA Mansard Plc has announced a plan to make dividend payments to shareholders on August 8, 2024,

Publish What You Fund, the global campaign for aid and development transparency, has again named the African Development Bank’s (AfDB) sovereign portfolio

Infinity Trust Mortgage Bank has named Ngozi Chukwu acting managing director and chief executive officer

Jaiz Bank Plc, Nigeria’s pioneer non-interest, recorded impressive growth in key financial indicators in 2023, expected to sustain and exceed the performance in

The Nigerian Exchange (NGX) market capitalisation rose as equities investors gained about N59 billion. The surge