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On March 7, Ndifreke Oluka (a pseudonym), a Nigerian living in Canada, transferred $499.90 from his Payoneer account to his Guaranty Trust Bank domiciliary account but received the same figure…
Caroline Ladidi Anze-Bishop, the national treasurer of the Nigerian Bar Association (NBA), has accused Yakubu Chonoko Maikyau, the association’s president, of circumventing her office and executing financial decisions for the…
After FIJ’s publication, Verity Rock Limited, an engineering and construction company listed as a contractor at the Dangote Refinery in Lagos, has paid the two-month salaries it owed its workers.…
On July 11, Beachway Homes, a Lagos-based property development company, wrote to its client, Imo Ukpong, to terminate his contract with them. It was the last of several moves that…
Ozoemena Adolphus, a Lagos-based civil servant, has narrated how his N77,000 has been stuck between Dana Air, a Nigerian airline, and OPay, a fintech company, since July 20. Speaking with…
Naira Value Falls Despite Nigeria’s Fresh US Dollar Inflow The Nigerian naira gave up the fight to claw back losses sustained against the dominant US dollar across the foreign exchange…
Equities Investors’ Wealth Rises by N60bn as Seplat Rallies Equities investors’ wealth rose by N60bn on Thursday as late hour buying interest in Seplat Energy Plc upturned intraday selloffs in…
GCR Places FCMB on Negative Watch as Loan Quality Declines The emerging market dominated rating agency, GCR Ratings, has affirmed FCMB Group Plc’s national scale long and short-term issuer ratings…
Brent, WTI Prices Rise on Expected Demand in US Oil prices increased on Thursday over demand optimism in the US, the world’s biggest oil consumer. International benchmark Brent crude traded…
Inflation Rate Jumps to 10.8% in Zambia Amidst efforts to push economic growth upward, Zambia continues to face pressures emanating from worsening price levels, driven in part by sustained increases…