Business & Economy
Foreign airlines to begin sale of tickets in US dollars April 19
Some foreign airlines operating in Nigeria say they will begin the sale of tickets in US dollars with effect from April 19, 2022. ...
Business & Economy
Massive returns for Zenith Bank shareholders as bank pays dividend of N97.33billion
Shareholders of Zenith Bank Plc, at the 31st Annual General Meeting (AGM) of the bank held on Wednesday, April 6, 2022, at the ...
Business & Economy
CBN fines four banks over N800m for violating crypto policy
The Central Bank has fined four banks for flouting its directive on cryptocurrency transactions. The CBN had in February 2021 ordered all banks ...
Business & Economy
BREAKING: Fuel scarcity pushes Nigeria’s inflation rate to 15.7% in February 2022
Nigeria’s inflation rate changed direction in February as it rose 15.7% from 15.6% recorded in the previous month. This represents a 0.1% point ...
Business & Economy
Resilient Zenith Bank surpasses market expectations with double-digit growth in profit before tax (PBT) in 2021
Zenith Bank Plc has announced an impressive result for the year ended December 31, 2021, with Profit Before Tax (PBT) rising by 10% ...
Business & Economy
CBN to stop sale of forex to banks by year end
The Central Bank of Nigeria has revealed that it would stop the sale of foreign exchange to banks by the end of the ...
Business & Economy
BREAKING: Inflation rate rises to 15.6% after eight months decline -NBS
The National Bureau of Statistics, NBS, said inflation rate rose to 15.6 percent in December last year, after recording eight months consecutive decline ...
Business & Economy
FG spent $1.68bn on food imports in nine months – CBN
The Federal Government spent $1.68bn on food importation from January to September last year. The Central Bank of Nigeria disclosed this in a ...
Business & Economy
JUST IN: FG projects N10.7trn revenue target for 2022
The Federal Government has projected a revenue target of N10.7trillion for the 2022 fiscal year. The Minister of Finance, Zainab Ahmed disclosed this ...
Business & Economy
JUST IN: Reps pass 2022 Budget of N17.126trn
The House of Representatives on Tuesday passed a 2022 budget of N17.126 trillion against the N16.391 trillion sum presented by the president. The ...