The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK. The sharp downgrade, ...

The plan to peg official stablecoins to the US dollar could increase support for the digital euro. At least that is what the ...

Here are 8 innovative tools and strategies that are reshaping how Nigerians handle their money. Major banks like GTBank, ...

LAKEWOOD, Colo., Feb. 05, 2025 (GLOBE NEWSWIRE) -- FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” announced its 2024 fourth-quarter summary of the ...

Egypt's net foreign assets (NFAs) slid by $592.1 million in December, their third decline in three months, after a series of ...

OPEC output tumbled for a second straight month in January, with the decline pace of Nigerian and Iranian supplies ...

China's government has supported the development and production of less polluting battery-powered vehicles, a field where Chinese manufacturers such as BYD are leading the way.

The tolling of Abuja-Markurdi highway and petrol price war between Dangote refinery and Nigerian National Petroleum Company ...

The fresh capital raised by Nigerian banks is set to hit about N2.99tn if the second tranche of the recapitalisation materialises, The PUNCH can report.In November 2024, it was revealed that about N1.

Shell reported an oil spill on Tuesday at Ogale, near Port Harcourt, after a saver pit overflowed during flushing operations in the Niger delta region. The oil major's Nigeria business said its spill ...

Justice A.O.Owoeye gave the order following a motion on notice for the final forfeiture order, which was supported with an ...

As banks are geared up to meet the new CBN requirements, analysts expect that a few banks may consider downgrading their ...