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Ekemini 13913 posts 0 comments

Business

UBA shareholders get 375% returns

Dec 12, 2024 0
Shareholders of the United Bank for Africa (UBA) have seen impressive returns, with a cumulative capital gain of…
Pension

Pension funds to increase infrastructure financing – PenOp

Dec 12, 2024 0
The Pension Fund Operators Association of Nigeria (PenOp) has announced plans to enhance the role of pension funds…
Business

Dangote gifts 120 indigent students N16m

Dec 12, 2024 0
As part of its 2024 Community Day celebration, Dangote Cement, Ibese, presented N16.2 million in scholarships to…
Business

Naira falls to N1,745/$ on parallel market

Dec 12, 2024 0
The Nigerian naira sharply declined to N1,745 per dollar in the parallel market on Wednesday, marking a steep drop…
Business

NAICOM ICRC Set Agenda for Insurance of Public-Private Assets

Dec 12, 2024 0
The National Insurance Commission (NAICOM) and the Infrastructure Concession Regulatory Commission (ICRC) have…
Economy

AFD extends additional 50m Euros funding to DBN

Dec 12, 2024 0
The French Agency for Development (AFD) has extended a €50 million credit line to the Development Bank of Nigeria…
Business

Nigeria’s money supply rises 48% to N107.7trn

Dec 12, 2024 0
Nigeria's money supply rose 48.3% year-on-year to N107.7 trillion in October 2024, up from N72.6 trillion in the…
Business

Interest rate, others drive up investments in Mutual Funds by 89.12%

Dec 12, 2024 0
The Mutual Funds market in Nigeria has witnessed a remarkable 89.12% year-on-year growth, with the total Net Asset…
Market

Stocks steady as investors cautiously await US inflation data

Dec 11, 2024 0
Stocks remained steady on December 11 as investors awaited key U.S. inflation data, which could influence future…
Business

Firm launches wealth management App with diverse investment opportunities

Dec 11, 2024 0
Smart Stewards has launched Wealth Sync, a wealth creation app aimed at individuals, small businesses, and…
Business

Stock Market Appreciates by N60bn on Investors Demand for MTN, 36 Others

Dec 11, 2024 0
The Nigerian stock market rebounded with a capitalization increase of N60 billion, driven by investors' strong…
Business

Stanbic IBTC Pensions  to Host Annual Creativity, Innovation Festival

Dec 11, 2024 0
Stanbic IBTC Pension Managers has announced plans to host its annual FUZE 3.0 Festival, a celebration of Nigerian…
Banking

Recapitalisation: ASSIBIFI president underscores impact on banking industry

Dec 11, 2024 0
Olusoji Oluwole, the president of the Association of Senior Staff of Banks, Insurance, and Financial Institutions…
Business

Foreign portfolio inflows boost Nigeria’s FX reserves by $7.7bn

Dec 11, 2024 0
Nigeria's external reserves saw a significant increase of $7.7 billion, reaching $40.3 billion by November 2024,…
Business

Edves and Globus Bank Partner to Simplify School Fee Payments

Dec 11, 2024 0
Edves, a leading education technology company in Africa, has partnered with Globus Bank to simplify school fee…
Business

Omiye Microfinance Bank eyes N1bn share capital

Dec 11, 2024 0
Omiye Microfinance Bank Limited has announced plans to raise its authorized share capital from N500 million to N1…
Local

Forex Challenges Blamed for High Petrol Prices in Nigeria

Dec 11, 2024 0
Operators in Nigeria’s downstream oil sector attribute the high cost of locally refined petrol to…
Business

CBN awards OPay for financial inclusion innovation

Dec 11, 2024 0
The Central Bank of Nigeria (CBN) has honored OPay with the Financial Inclusion Innovation Award at the 2024…
Economy

CBN Debunks Claims of FX Sales to BDCs at N1,301 per Dollar

Dec 11, 2024 0
The Central Bank of Nigeria (CBN) has refuted allegations of selling foreign exchange (FX) to Bureau de Change…
Business

House of Representatives Probes CBN Over Naira Scarcity

Dec 11, 2024 0
The Nigerian House of Representatives has launched an investigation into the Central Bank of Nigeria (CBN)…
Energy

Equinor exits Nigeria, completes $1.2bn asset sale to Chappal Energies

Dec 11, 2024 0
Equinor, the Norwegian energy giant, has exited Nigeria after three decades of operations, finalizing the $1.2…
Finance

Access Bank UK bolsters Europe-Africa trade, unveils Malta branch

Dec 11, 2024 0
Access Holdings Plc has announced the launch of The Access Bank Malta Limited, a fully owned subsidiary of The…
Business

Tier-1 banks drive NGX market cap to N5.93trn YTD

Dec 11, 2024 0
Tier-1 banks in Nigeria have significantly contributed to the year-to-date (YTD) growth of the Nigerian Exchange…
Business

African Alliance Insurance pays N780m in claims to annuitants

Dec 11, 2024 0
African Alliance Insurance has commenced the payment of N780 million in claims and annuities as part of its…
Business

Naira Appreciates To N1,550/$ In Parallel Market

Dec 10, 2024 0
The Naira appreciated in the parallel market to N1,550 per dollar, a slight improvement from N1,555 last weekend.…
Economy

Tax Reform Bills: Northern Leaders Not Well-Informed — Onuesoke

Dec 10, 2024 0
Chief Sunny Onuesoke, a prominent member of the Peoples Democratic Party (PDP) and former governorship candidate…
Business

Oil & Gas Industry: PENGASSAN Kicks Against Flagrant Abuse Of Expatriate Quota

Dec 10, 2024 0
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has raised concerns about the high…
Business

NPA, Nigerdock finalize $1bn Snake Island Port agreement

Dec 10, 2024 0
In a significant step toward advancing green port development in Nigeria, Nigerdock and the Nigerian Ports…
Business

Tech entrepreneurs set to launch platform to connect African artisans to global…

Dec 10, 2024 0
To transform cross-border trade and empower African businesses, two tech entrepreneurs, Wale Ayantoye and Ola John…
Business

Inflationary pressures hamper business operations in November

Dec 10, 2024 0
The continued rise in inflation has significantly impacted business operations in Nigeria, leading to stagnation…
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NIGERIA

Business

First Atlantic Bank, SIC Insurance Lead Gains as Ghana Stock Exchange Records Mixed Trading Session

Apr 10, 2026
Business

Fuel Price Hike in Nigeria: TUC Proposes Crude Subsidy for Local Refineries to Ease Costs

Apr 10, 2026
Business

NNPC Pushes AI Adoption, Targets $34bn Investment Pipeline to Cut Oil Production Costs

Apr 10, 2026
Macroeconomic

Naira Strengthens to N1,365 per Dollar as Global Dollar Weakness Drives Market Gains

Apr 10, 2026
Prev Next 1 of 3,074

World

UN Warns Trump Against Iran Strikes as Deadline Nears:…

Apr 7, 2026

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024

Walz, Vance clash at policy-heavy vice presidential debate

Oct 2, 2024
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