Standard Chartered has announced that it agreed with Coris Group to sell its Consumer, Banking business in Côte d’Ivoire. The bank noted that subject to Regulatory...
Hafize Erkan, Turkey’s central bank governor, says she has been forced to move in with her parents due to the country’s inflation. Speaking to Turkey’s Hürriyet,...
Lagos State Governor, Babajide Sanwo-Olu, on Sunday, launched a palliative scheme, Lagos Market Trader Money, to support low-income traders. The governor disclosed this during the unveiling...
The naira strengthened against the U.S. dollar at both the official and the parallel market. This is despite that Nigeria’s headline inflation rate released today by...
In November 2023, the overall inflation rate rose to 28.20%, surpassing the October 2023 rate of 27.33%. This indicates a month-on-month increase of 0.87%. When compared...
Shoprite Mall has announced its intention to cease operation in its Kano branch, Northwest Nigeria from January 14, 2024. This was contained in a circular signed...
Jumia will cease operations for its food delivery service, Jumia Food, in all of its operational countries, which include Nigeria, Kenya, Morocco, Ivory Coast, Tunisia, Uganda,...
The Central Bank of Nigeria (CBN) says it is addressing the reported cases of cash scarcity in some parts of the country. Speaking to newsmen on...
The Lagos State Governor, Mr Babajide Sanwo-Olu, on Wednesday, presented a budget estimate of N2.2 trillion for the 2024 fiscal year to the state House of...
The Central Bank of Nigeria (CBN) has announced a suspension of new loan applications under its Intervention Program. In a circular entitled “Suspension of Acceptance of...