Markets & Investing

Nigeria Wealth Fund profit falls 33% in 2022

The Nigeria Sovereign Investment Authority reported a sharp decline in profit for 2022 compared...

Scramble for Oando ‘payout’ as firm announces delisting

Energy firm Oando Plc says it will cease to be a public company by...

Nigeria’s central bank raises interest rate on price pressure

The Central Bank of Nigeria raised its benchmark lending rate by 50 basis points...

Banks BTA cut reveals Nigeria’s forex trouble as reserves hit 17-month low

Major Nigerian banks have announced cuts in personal travel allowance and business travel allowance...

Nigerian banks cut forex payments to foreign travellers

Major Nigerian banks announced new amounts they will be paying as personal travel allowance...