Naira Crashes at I&E, P2P FX Windows as Dollar Scarcity Heightens
June 10,2022 The Naira recorded one of its worst outings in weeks on Thursday as it depreciated against the American Dollar at both the Investors and Exporters (I&E) and the
Read MoreCategory: Business
REVEALED: Asha Microfinance Bank ‘Gives Loans to Employees’ to Settle Customers’ Debts
June 9,2022 Debo Orekoya (not real name), an employee of Asha Microfinance Bank, has accused the management of the Bangladeshi-owned financial institution of ill-treating its workers. Orekoya told FIJ that
Read More
Green Africa Airways Still Holds Customer’s N156,000 Two Months After Cancelling Flight
June 9,2022 Yotems Akin, a Lagos-based flight attendant, has accused Green Africa Airways of refusing to release her N156,000 held since April 9. Akin told FIJ that she had paid
Read More
Kwankwaso emerges NNPC presidential candidate, Adebayo wins SDP presidential primaries
June 9,2022 Rabiu Kwankwaso, the former Governor of Kano state, won the Presidential primaries election for the New Nigeria Peoples Party (NNPP) for the 2023 elections. Kwakwaso was elected aspirant
Read More
Nigerian banks increase interest rates on mortgage, personal, corporate loans by at least 2%
June 9,2022 Commercial Banks in Nigeria have implemented interest rate hikes for loans raising rates by as much as 200 basis points (2%). The interest rate hike is in response
Read More
Nigeria’s imports from China up by 183.91%, as debts hit $3.67bn
June 8,2022 Latest figures from the National Bureau of Statistics (NBS) show that Nigeria’s import from China rose by 183.91 per cent from N530.98bn in the first quarter of 2018
Read More
MTN, Zenith Bank Drive Stock Market’s 0.35% Growth
June 8,2022 The domestic stock market sustained its positive momentum on Tuesday with a 0.35 per cent growth driven by gains in MTN Nigeria, Zenith Bank, Lafarge Africa, Global Spectrum
Read More
Nigeria’s public debt grows by N2.04trn to N41.6trn in Q1 2022 – DMO
June 8,2022 Nigeria’s total debt stock rose to N41.60 trillion in the first quarter of 2022 from N39.56 trillion as of December 2021, according to figures from the Debt Management
Read More
FG investigates Bet9ja over alleged data breach, illegal accounts opening
The federal government through the Nigeria Data Protection Bureau (NDPB), has announced commencement of investigation into the activities of KC Gaming Networks, promoters of Bet9ja, a leading betting company in
Read More
