Mr Femi Otedola, billionaire businessman and chairman of First Bank Nigeria (FBN) Holdings Plc, yesterday, acquired additional 797,946,415 units of the company’s shares ...

The Nigerian Deposit Insurance Commission (NDIC) has initiated the liquidation process for the failed Heritage Bank, starting with the verification and payment of ...

Nelsdaily Investigation Reveals Sharp Rise in Petrol Landing Costs An investigation by Nelsdaily reveals that the landing cost of Premium Motor Spirit (PMS), ...

The Federal Government’s ongoing economic reforms are yielding positive results, according to Wale Edun, the Minister of Finance and Coordinating Minister of the ...

The Federal Government may need to raise a supplementary budget to accommodate the proposed minimum wage increase for workers. This is because the ...

The Naira, yesterday, depreciated to N1,250 per dollar in the parallel market, from N1,140 per dollar on Thursday. Similarly, the Naira depreciated in ...

The federal government is expecting a fresh $2.2 billion single-digit interest loan from the World Bank and another budget support facility from the ...

The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,123.391 billion to the Federal Government, States and Local Government Councils. ...

The International Monetary Fund (IMF) has projected 23 per cent inflation rate for Nigeria in 2025 and further drop to 18 per cent ...

The African Group, has expressed lamentation over the more than $655 billion external debt of the African continent. The African Group said the ...