Hope Moses-Ashike

Fitch, the American credit ratings agency, has reversed its negative ratings on Nigerian banks, as the economy begins to turn the corner on the bruising impact of the pandemic. Fitch had…

The African Development Bank (AfDB) Group and the European Bank for Reconstruction and Development (EBRD) have signed a memorandum of understanding (MoU) on Monday to promote sustainable…

The Central Bank of Nigeria (CBN) has adopted the Investors and Exporters (I&E) window rate, sources close to the apex bank disclosed after the bank took down the old rate from its…

Nigeria’s and many other finance ministers in sub-Saharan Africa (SSA) have three immediate confronting challenges to overcome in an economy, which near-term growth prospects are somewhat…

Nigeria’s Unity Bank Plc has said it will provide additional funding to no fewer than 120,000 smallholder maize farmers in Nigeria in the 2021 wet season farming in Nigeria. Tomi Somefun,…

The foreign exchange market opened on Friday after the two day holiday declared by the Federal Government, with Nigeria's currency depreciating marginally by 0.02 at the Investors and…

The Naira on Thursday steadied at N483 per dollar at the parallel market as dollar supply halted due to the two-day holiday declared by the Federal Government. Read Also: Naira records…

Remittances flow to Sub-Saharan Africa were estimated to have declined by 12.5 percent in 2020, according to a new report by World Bank. Read Also: Nigerian Diaspora, remittances and…

If Nigerian funds want to play in the international league, they need to adopt Global Investment Performance Standards (GIPS), according to Coronation Asset Management. In a new report on…

Some Nigerian Deposit Money Banks (DMBs) have reduced the amount of cash dollar deposit in domiciliary accounts by 50 percent from $10,000 to $5,000 monthly. Analysts say the move is in…