Finance

Economic growth in Africa is projected to drop drastically to negative 4.1% before making a strong comeback in 2021 at 5% growth, the UN Economic Commission for Africa (ECA) said in a new report on Tuesday.The report, dubbed,…

The former Director-General, Nigerian Institute of International Affairs (NIIA), Professor Bola Akinterinwa has argued that a Biden rule of the United States will merit the Nigerian Immigration and finance sectors.He said this during an…

President Muhammadu Buhari on Wednesday presided over the virtual session of the Federal Executive Council (FEC), at the Council Chamber of the Presidential Villa, Abuja.The News Agency of Nigeria (NAN) reports that those participating…

Lloyd’s, the Insurance marketplace of London has said its members are set to pay out claims worth $4.3bn (£3.5bn) due to the COVID-19 outbreak. It also warned that the entire industry may stand to lose a record $200bn.Lloyd’s of London…

Wall Street reports show that stocks rose Tuesday, as investors continued to eye states’ reopening strategies and mulled recent corporate earnings results.Market participants like retail and institutional investors are also eyeing the…

You can’t work because of illness. Or your wedding has to be cancelled. Or you’ve been made redundant and can’t pay the mortgage due. Or your tenant is unable to keep paying the rent. These and hundreds of other situations are often covered…

Mr. Lukman Karim, a financial expert says crumbled businesses will bounce back with the review of Company Income Tax (CIT) as contained in the 2019 Finance Bill. SEE ALSO: Boko Haram terrorists: What APC told Nigerian soldiers Karim said…

Financial experts have commended the Central Bank of Nigeria (CBN) for its efforts in ensuring implementation of cashless policy in the country, just as they faulted the apex bank for inadequate sensitisation.The News Agency of Nigeria…

The Central Bank of Nigeria, CBN , has taken extra measures to implement the nationwide cashless policy which will commence by March 2020 This was contained in a circular that was distributed to all Deposit money banks in the country.…

Finance Minister Olaf Scholz said he expected Germany to escape recession, pointing to a subdued but upward trend in its and Europe’s economies.With the risk of trade conflicts and Britain’s looming European Union exit as a backdrop,…

Financial experts on Monday called for speedy passage of the 2019 budget saying incessant delay in the approval of budgets over the years contributed to the downturn in the economy.They told the News Agency of Nigeria (NAN) in…

Insurance in Africa, especially Nigeria, will grow stronger in the next decades due to the demographic transition, combined with a growing insurance penetration, an insurance expert, Mr Ceonraad Vrolijk, has said.Vrolijk, who is the…

Nigeria’s Ministers of Finance as well as Budget and National Planning have jointly insisted that the 2018 budget cannot be funded without selling off several assets owned by the Federal Government.According to Mrs. Zainab Ahmed and…

Former Finance Minister, Kemi Adeosun has left Nigeria for London after her compulsory resignation yesterday,Adeosun's long-running saga finally came to an end yesterday when her tendered resignation was accepted by President Muhammadu …

Former finance Minister, Kemi Adeosun has had her resignation letter accepted by President Muhammadu Buhari and she has now stepped out of her role.The London University graduate was appointed in 2015 and was tasked with the unenviable…

Following constant criticisms over her National Youth Service Corps trouble, Finance Minister, Kemi Adeosun, has reportedly resigned from her post.According to the Daily Trust, it is unclear when she resigned. It is also unclear when…

The NYSC certificate saga involving the Minister of Finance, Kemi Adeosun has taken a new dimension as the Presidency has finally shown interest in the matter.It was gathered that the Presidency has written the National Youth…

Kemi Adeosun, Nigeria’s Minister of Finance, who has been caught up in an NYSC certificate scandal has held a meeting with officials from the International Monetary Fund (IMF) and Debt Management Office (DMO) on Monday.This will be the…

In what seems like a plot from a  classic godfather movie, several reports have emerged that Nigerian lawmakers have discovered something against the finance minister Kemi Adeosun which the leaders of the National Assembly have been using…

Speakers at the International Conference on Responsible and Inclusive Finance (ICRIF) held in Kigali on 21 March urged Rwandan microfinance institutions (MFIs) to embrace new-age technology to streamline their operations and to enhance…

As concerns mount over the expulsion of Nigeria by the Egmont Group of Financial Intelligence Units next month, international credit rating agencies are mulling the downgrade of Nigeria’s credit ratings according to international risk…

Some stakeholders in the real estate sector have identified poor infrastructure and lack of finance as the challenges to the growth of the sector. They made the observation on Tuesday at the West Africa Property Investment Summit held at…

A confused lady has cried out on her social media platform, seeking for advise as her jobless boyfriend of three years proposed to her with an ear ring.According to the lady, she had shouldered the financial burden in  the relationship…

The Federal Government on Saturday called on countries in the West African sub-region to treat money laundering and other illicit financial crimes with zero tolerance.Vice President Yemi Osinbajo made the call at the opening of the 18th…