Nigeria remains safe investment destination, says finance minister Edun
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has reaffirmed the country’s position as a secure and…
Finance
Colombian finance minister resigns after clash with President over budget
Colombian Finance Minister Diego Guevara has stepped down following disagreements over budget cuts with President Gustavo Petro, adding to concerns about the…
Finance minister presents minimum wage to Tinubu
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun has presented the projected financial implications of implementing a new…
Only 5% have over N500,000 in their bank accounts — Wale Edun
The Finance Minister and Coordinating Minister of the Economy, Wale Edun, highlighted that only around 5% of individuals in Nigeria have bank…
New accounting development tool will aid transparency – FRC
By Melvin Onwubuke The Chief Executive Officer of the financial Reporting Council of Nigeria, Dr. Rabiu Olowo has disclosed the use of…
Stakeholders push to boost investment finance sector
Stakeholders have urged the government to develop measures that would increase capital investment in the financial industry. The Punch reported that this…
Finance Corporation invests $2bn in Nigeria – Official
Finance Corporation invests $2bn in Nigeria – Official The International Finance Corporation made $2 billion in investments in Nigeria, distributed among several…
Bolt expands into Zimbabwe
Estonian e-taxi company, Bolt has expanded its services in Harare, Zimbabwe. As part of the move, Bolt is waiving commissions from drivers…
Wema Bank profit rises by 105%
Wema Bank’s profit increased by more than 105 percent to N23.36 billion in 2023, from N11.35 billion the previous year. The PUNCH…
Market capitalization falls N857bn due to sell-offs
The Nigerian Exchange’s market capitalization fell for the second time this year, losing N857 billion to close at N56,425 trillion due to…
How Edo IGR rose by 40% to N62bn in 2023 – Panel
Edo State’s Internally Generated Revenue increased by more over 40% to N62 billion in 2023, from N45 billion the previous year. According…
Top ten most downloaded apps in 2023
Meta’s Instagram has remained the most downloaded app in the world across Google’s Play Store, and Apple App Store, overtaking TikTok for…