Thursday, August 6, 2026
Facebook to pay $5bn to settle privacy breach allegations
Social networking firm, Facebook, on Wednesday, agreed to pay a record $5 billion to settle an ongoing investigation into allegations...
Read moreDetailsIMF’s growth forecast for Nigeria improves by 0.3%
The International Monetary Fund has raised the growth forecast of Nigeria’s economy for the 2019 financial year by 0.3 percent...
Read moreDetailsCBN grant banking licences to Titan Trust, Globus, Taj
The Central Bank of Nigeria (CBN) has added three new banks to the list of deposit money banks and financial...
Read moreDetailsSenate petroleum committee to quiz NNPC over fuel subsidies, 43 modular refineries
The upper chamber of Nigeria's senate has mandated its petroleum committee to invite the ministry of petroleum and the Nigerian...
Read moreDetailsCBN plans repositioning Nigerian bank’s LDR to par with other countries
The loan to deposit ratio (LDR) of the Nigerian banking industry measures low when pitched against what is obtainable in...
Read moreDetailsNNPC $3.15bn financing agreement for OML13 seen as game changer; FG to earn $10.2bn in 15yrs
A $3.15 billion financing and technical services agreement that is being described as an oil and gas project financing game...
Read moreDetailsInflation fears force CBN back from global monetary easing bandwagon, but rate cut remains in pipeline
Nigeria's central bank's Monetary Policy Committee (MPC) refused to join a global monetary easing bandwagon when it chose to keep...
Read moreDetailsIMF lowers its global economic growth forecast again as risks remain to the ‘downside’
The International Monetary Fund trimmed its forecast for global economic growth again as the U.S.-China trade war continues, Brexit worries...
Read moreDetailsWithdrawal of forex for milk importation imminent – Emefiele
...as apex bank retains MPR at 13.5% The Central Bank of Nigeria (CBN) on Tuesday doused speculations about the monetary...
Read moreDetailsBritain’s new leader Johnson vows to get Brexit done
Boris Johnson, the Brexiteer who has promised to lead Britain out of the European Union with or without a deal...
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