Amid Donald Trump’s escalating tariff war with China, the world has been left in no doubt. Consistent with his campaign messaging, and going against the overwhelming majority of economists’ advice, it’s clear that the US president still loves tariffs. He is ready to use them as a bargaining tool – and also to change them on ... Read more

The Federation Account Allocation Committee (FAAC) has disbursed N1.578 trillion to the federal government, states and local governments for the month of March. This was disclosed in a communiqué issued by FAAC and made available by the Director, Press and Public Relations, Office of the Accountant-General of the Federation, Bawa Mokwa. ... Read more

Many Nigerians have been thrown into financial despair after a self-acclaimed digital trading platform, CBEX, reportedly crashed, leaving victims with empty accounts. CBEX had positioned itself as a high-yield investment platform, promising users a 100% return on investment within one month. Investments were made strictly in U.S. dollar. Howe ... Read more

Bond markets don’t often make front-page news but the recent sharp sell-off in US Treasuries appears to have been enough to prompt US president Donald Trump to pause his plans for new tariffs. Traditionally, US Treasuries are seen as one of the world’s safest assets for investors. The United States government has long been regarded a ... Read more

It was reported on Wednesday that First Bank, under Mr Olusegun Alebiosu, the Managing Director (MD) and Chief Executive Officer (CEO) was embarrass ed by the judgment of the Federal High Court, which unceremoniously threw out the lender’s case against General Hydrocarbons owned by the media mogul, Nduka Obaigbena. The Federal High Court l ... Read more

Nigeria’s financial and capital markets took a significant leap into the future of digital finance at a landmark strategy session and masterclass hosted by the Securities and Exchange Commission (SEC) in Lagos, in partnership with the Global Investment Advisory (GIA) community. The highlight of the event was a keynote address by Dr. Nicky ... Read more