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Nigerian adults with bank accounts rise 45% — World Bank
The World Bank has said, that the proportion of Nigerians holding accounts at regulated institutions—such as banks, credit unions, microfinance organizations, post offices, or...
SOUTH AFRICA, UK ACCOUNT FOR 65% OF NIGERIA’S CAPITAL INFLOW IN 2021
According to the National Bureau of Statistics' Capital Importation report for Q3 2021, between January and September 2021, the United Kingdom and South Africa...
OIL PRICE HITS $85 PER BARREL
The brent crude oil, against which Nigerian oil is priced, hit $85.16 per barrel on Wednesday, 12th January. This sharp increase has been attributed...
ECONOMY
Tech
FLUTTERWAVE HITS $3BN VALUATION, BECOMES THE HIGHEST VALUED AFRICAN STARTUP
In a recent Series D funding round led by B Capital Ground, Africa's leading payments platform, Flutterwave, raised $250 million in funding hiking their...
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OPINION
FG, STATES OWE N33.11TRN IN EXTERNAL, DOMESTIC DEBTS IN Q1–NBS
According to the latest data provided by the national bureau of statistics, the federal and state governments owed N33.11 trillion in public debts as of March 31.