Latest Business and Economy News in Nigeria

UBA is pleased to announce the appointments of Ayoku Liadi and Oliver Alawuba as Deputy Managing Directors in charge of UBA’s Nigeria and Africa businesses.

The CBN has again devalued the naira as Nigeria faces tough fiscal challenges. The devaluation is coming three months after the currency was devalued by 24.6%.

The International Monetary Fund (IMF) has predicted that sub-Saharan Africa could experience a shrink in its economy by up to 3.2% by the end of the year 2020.

Traders in popular Lagos market explain in detail the price difference of goods before the pandemic and now; Legit.ng further confirmed thus its impact so far.

A breakdown of the data indicates that the total number of bank accounts grew astronomically to 160 million from 125 million, which represents a growth of 78.1%

The Senate has expressed deep concern over issues bordering on anti-graft, national finance, financial crimes, banking and other money-related institutions.