Business

GSK Group is leaving Nigeria

GSK UK Group has made it known to GlaxoSmithKline Consumer Nigeria PLC of its plans to discontinue services of its prescription medicines and vaccines in

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Central Bank of Nigeria Increases Interest Rate

CBN's Monetary Policy Committee Lifts Benchmark Interest Rate to 26.25% Olayemi Cardoso, Governor of the Central Bank of Nigeria, revealed

UBA Announces Plans for Recapitalization Amidst 75th Anniversary Celebrations

United Bank for Africa (UBA) is gearing up for a major recapitalization effort, with plans to seek shareholder approval by

Naira Continues to Depreciate: Official Rate Hits N1,520.40/$1, Parallel Market at N1,535/$1

The Naira faced a continued downturn yesterday, falling in value at both the official and parallel markets. At the Nigerian

CBN to Redirect N5.5 Trillion from Development Finance Operations

The Central Bank of Nigeria (CBN) is poised for a major operational transformation, according to the latest International Monetary Fund

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