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Business

Aradel Holdings and 41 Others Boost Nigerian Stock Market by N258bn

Dec 19, 2024 0
The Nigerian stock market maintained its upward trend, fueled by price gains in Aradel Holdings Plc and 41 other…
Macroeconomic

SEC seeks policy support to drive $1tn economy

Dec 18, 2024 0
The Securities and Exchange Commission (SEC) has called for stronger policy support to help drive Nigeria's…
Business

NGX gains N78bn as MRS, Wapic lead

Dec 18, 2024 0
The Nigerian Exchange (NGX) saw a positive trading session on December 18, 2024, with the equity market gaining…
Business

$1 trn economy is necessity for prosperity, resilience of Nigeria — SEC DG

Dec 18, 2024 0
The Securities and Exchange Commission (SEC) has emphasized that achieving a $1 trillion economy is essential for…
Finance

Senate Proposes Ban on Dollar Salaries and Foreign Currency Transactions

Dec 18, 2024 0
The Nigerian Senate has introduced a bill to amend the Central Bank of Nigeria Act, 2007, prohibiting the use of…
Macroeconomic

Hedge Funds Turn to Macro Strategies Amid Market Volatility in 2025

Dec 18, 2024 0
Hedge fund investors are prioritizing macro strategies for 2025, driven by anticipated political and economic…
Business

PenCom Ensures Pension and Insurance Coverage for Over 38,000 Employers

Dec 18, 2024 0
The National Pension Commission (PenCom) has revealed that over 38,000 employers secured pension and insurance…
Business

Social dialogue crucial for economic development – ILO

Dec 18, 2024 0
The International Labour Organisation (ILO) has emphasized the critical role of social dialogue in addressing…
Crypto

As bitcoin soars, luxury brands consider accepting crypto payments

Dec 18, 2024 0
The recent surge in Bitcoin’s value has sparked interest among luxury brands to explore cryptocurrency as a…
Business

Sterling Bank champions African Cinema at 2024 S16 Film Festival

Dec 18, 2024 0
Sterling Bank has underscored its commitment to Africa's creative economy by sponsoring the 2024 S16 Film…
Business

Leadway Assurance Plays Transformative Role in SMEs

Dec 18, 2024 0
Leadway Assurance has reaffirmed its commitment to supporting Small and Medium Enterprises (SMEs) by offering more…
Banking

UBA to Expand SMEs Lending, Invest in Digital Technology with N239.4bn Rights …

Dec 18, 2024 0
United Bank for Africa (UBA) Plc has announced plans to utilize the net proceeds of its ongoing N239.4 billion…
Business

Lagos State partners with Access Bank to develop 704 housing units

Dec 18, 2024 0
The Lagos State government and Access Bank have signed an MoU to build 704 two-bedroom apartments in Odo-Nla,…
Local

ICPC Recovers N30 Billion and $966900 in Cash Over One Year

Dec 18, 2024 0
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) announced the recovery of N29.7…
Business

Naira closes flat across FX markets

Dec 18, 2024 0
The naira remained stable across Nigeria's foreign exchange markets on Tuesday as dollar demand eased slightly. At…
Business

Foreign portfolio investment in the stock market rises 180.9%

Dec 18, 2024 0
Foreign Portfolio Investments (FPIs) in the Nigerian stock market surged by 180.95% in the first ten months of…
Local

UBA donates N500m to Lagos security trust fund

Dec 17, 2024 0
The United Bank for Africa (UBA), through its corporate social responsibility arm, UBA Foundation, has donated…
Economy

Africa Faces $74 Billion Debt Servicing Challenge in 2024 – AfDB

Dec 17, 2024 0
African nations, including Nigeria, require approximately $74 billion for debt servicing in 2024, highlighting the…
Business

Stock Market Gains N330.24bn on Strong Demand for Aradel Holdings and Others

Dec 17, 2024 0
The Nigerian stock market kicked off the week on a positive note, driven by a surge in investor interest for…
Business

Nigeria’s exports to ECOWAS hit N1.5tn – NBS

Dec 17, 2024 0
Nigeria's exports to the Economic Community of West African States (ECOWAS) surged to N1.54 trillion in the third…
Economy

W’Bank plans $1.65bn loans for Nigeria next year

Dec 17, 2024 0
The World Bank plans to approve three major loans for Nigeria in 2025, totaling $1.65 billion, aimed at addressing…
Finance

2025 Budget: N13trn Deficit To Be Financed Through Borrowing – Finance Minister

Dec 17, 2024 0
The Federal Executive Council (FEC) has approved Nigeria's 2025 budget, which projects a deficit of N13.1…
Banking

Sterling Bank honored for advancing tourism, transportation

Dec 17, 2024 0
Sterling Bank has been named the “Outstanding Banking Partner for Tourism and Transportation of the Year” by the…
Banking

CBN’s Market Discipline Boosts Banking Efficiency and Transparency

Dec 17, 2024 0
The Central Bank of Nigeria (CBN) has intensified efforts to enhance banking efficiency and transparency through…
Banking

Fitch predicts tough 2025 for Nigerian banks, others

Dec 17, 2024 0
Fitch Ratings has projected a challenging year ahead for African banks, including Nigerian financial institutions,…
Finance

Naira appreciates to N1,660/$ in parallel market

Dec 17, 2024 0
The Naira appreciated in the parallel market yesterday, trading at N1,660 per dollar, a slight improvement from…
Economy

NIPC seeks partnerships to attract, retain investments

Dec 17, 2024 0
The Nigerian Investment Promotion Commission (NIPC) has reinforced its commitment to driving economic growth by…
Business

How N239.4bn Rights Issue will contribute to UBA’s growth – Elumelu

Dec 17, 2024 0
The United Bank for Africa (UBA) is undertaking a N239.4 billion Rights Issue to fund digital transformation and…
Stock

Equity market gains N704bn

Dec 17, 2024 0
The Nigerian equity market soared by N704bn over six days, pushing the market capitalization above N60tn. At…
Business

FG, World Bank invest $600m on rural roads

Dec 17, 2024 0
The Federal Government of Nigeria, in collaboration with the World Bank, has earmarked $600 million to…
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NIGERIA

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World

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