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The market capitalization of the top five banks, referred to as the Tier-1 banks or FUGAZ, depreciated by 0.30% to close at N2.68 trillion.
The cost of diesel in major filling stations across Lagos surged past N400 per litre in recent days as fuel scarcity, rise in oil prices trigger general prices increases in the cost of goods and services.
The average cost paid by Nigerian consumers for a litre of diesel recorded a significant increase of 28.12%...
For Flutterwave to justify such a huge valuation it needs to earn between $400-$600 million in profits, twice what the largest Nigerian bank makes as profits.
Nigeria’s economy grew by 3.4% year-to-year in 2021 with an estimated value of N72.39 trillion in real terms.
Nigeria's GDP grew by 3.98% year-on-year in real terms in the fourth quarter of 2021, indicating sustained positive growth.
Many have been comparing cryptocurrencies to paper money stating that criminals can get away with cryptocurrencies more so than with paper money.
Here we discuss the importance of low-income earners having exposure to various means of investment in 2022.
Nigeria’s balance of payment account has hit a surplus of $3.68 billion in the third quarter of 2021.
Godwin Emefiele, the governor of Nigeria's central bank has responded to calls for several quarters persuading him to campaign to become president.
Nigeria’s inflation rate dropped marginally to 15.6% in January 2022, representing a reversal from the uptick recorded in the previous month.
The number of internet subscribers in Nigeria grew to 154.3 million in Q4 2021 from 140.28 million recorded in the previous quarter.