By Adedapo Adesanya Oil traded higher on Wednesday after data showed US crude stockpiles fell last week while a stronger Dollar capped gains, with Brent crude...
By Adedapo Adesanya Private sector credit extension (PSCE) increased by 66 per cent year-on-year to N7.12 trillion as of the end of March 2024, the latest...
Corporate lending plays a vital role in the Nigerian economy, facilitating business expansion, infrastructure development, and investment activities. The market encompasses a wide range of financial...
By Adedapo Adesanya The outgoing World Bank Country Director for Nigeria, Mr Shubham Chaudhari, has commended the country for its proactive measures and robust efforts in...
By Kehinde Ogundare Small and medium-sized businesses (SMBs) are the lifeblood of the Nigerian economy. According to figures released last year by the International Labour Organisation...
By Adedapo Adesanya On Tuesday, crude oil traded lower on signs of easing supply concerns, with Brent falling by 17 cents to close at $83.16 per...
By Adedapo Adesanya Islamic financial institution, Lotus Bank, is seeking a $1 billion facility from the Islamic Development Bank (IsDB) to back its bid to provide funds...
By Adedapo Adesanya The oil market rose on Monday as a ceasefire agreement between Hamas and Israel made no progress, leaving the Brent crude grade closing...
By Dipo Olowookere Renewed profit-taking by investors returned the Nigerian Exchange (NGX) Limited to the bears’ territory on Monday, closing lower by 0.89 per cent when...
By Aduragbemi Omiyale The chief executive of Moniepoint Microfinance Bank, Mr Babatunde Olofin, has posited that Nigeria needs a thriving hospitality industry, especially at a period...