Saudi Arabia has the highest fuel subsidies in the G20, with the government spending some $7,000 per person on state support for fuel prices. That’s equal to 27% of economic output, reports say. The data comes […]
For the second year running, leading financial institution, Fidelity Bank Plc, has emerged as the company with the highest earnings per share on the Nigerian Exchange Limited (NGX) based on half-year financial figures. BusinessDay report […]
Managing Director/Chief Executive Officer, Fidelity Bank Plc, Mrs Nneka Onyeali-Ikpe has called on the Nigeria Electronic Fraud Forum, NeFF to come up with solutions to the challenges posed by electronic fraud to the financial system. […]
Leading financial institution, Fidelity Bank Plc, has distributed over 1,200 food packs to the internally displaced persons in Makurdi, Benue State, in its ongoing commitment to eliminate hunger among vulnerable persons in the society. The […]
Investors have commended the recent reclassification of Fidelity Bank Plc stock from small-price stock to medium-price stock, according to The Will newspaper’s survey. Giving his perspective on the development, Mr Boniface Okezie, the National Co-ordinator, […]
• Lebanon’s financial system has collapsed • Central bank governor Riad Salameh faces multiple probes • Salameh insists he is innocent, says he’s a scapegoat • Governor’s term ends after three decades Once feted as […]
Nigeria’s central bank raised its main lending rate by a smaller-than-expected 25 basis points on Tuesday, July 25, 2023, saying it preferred a moderate increase to anchor inflation expectations while continuing to support investment. In […]
The International Monetary Fund on Tuesday, July 25, raised its 2023 global growth estimates slightly given resilient economic activity in the first quarter, but warned that persistent challenges were dampening the medium-term outlook. The IMF […]
Germany plans to invest around 20 billion euros ($22.15 billion) in the semiconductor industry in the coming years, the economy ministry said on Tuesday, July 25, 2023, amid growing alarm over supply chain fragility and […]
Nigeria’s naira traded at a record low of N860 per dollar on the black market on Thursday, July 20/2023, according to traders, weakening below its official rate a month after the country devalued the currency […]
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