Business

Reps probe Access, Ecobank, Fidelity, Citi banks over N11.632trn FG revenue

The House of Representatives has commenced and investigation into the N11.632 trillion revenue collected by Access Bank, Citi Bank, Ecobank,…

2 years ago

Capital One to buy Discover for $35.3bn

United States banking giant Capital One has announced it will acquire financial services company Discover in a $35.3 billion all-stock…

2 years ago

FG, manufacturers peg cement price at N7,000, N8,000

The Federal Government and major cement manufacturers have pegged the price of 50kg bag of cement at between N7,000 and…

2 years ago

Nigerian Breweries records N106bn loss in 2023

Nigerian Breweries Plc has recorded a net loss of N106 billion in 2023, as against N13.93 billion posted in its…

2 years ago

Inflation: CBN raises PVS limit to 15%

The Central Bank of Nigeria (CBN) has increased the Price Verification System (PVS) from 2.5 per cent to 15 per…

2 years ago

Geregu Power market capitalisation hits N2trn

The stock of Geregu Power Plc increased N2.05 trillion in market capitalisation on Thursday, February 15, 2024, as investors continue…

2 years ago

Japan falls into recession

Japan unexpectedly slipped into a recession at the end of 2023, losing its title as the world's third-biggest economy to…

2 years ago

Breaking: Nigeria’s inflation rate hits 29.9%

The National Bureau of Statistics (NBS) has declared that Nigeria’s inflation rate rose to 29.9 per cent in January 2024.…

2 years ago

UK enters recession after GDP fall

The United Kingdom (UK) economy has officially entered recession, figures showed on Thursday, February 15, 2024. A recession is defined…

2 years ago

Germany overtakes Japan as third-biggest economy

Germany has become the third-biggest economy in the world, overtaking Japan to occupy the position. Once forecast to become the…

2 years ago

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