Business FCMB begins cash rewards for customers Dec 4, 2024 0 First City Monument Bank (FCMB) has launched the 10th edition of its "Millionaire Promo," a nationwide campaign to!-->…
Pension Experts Call for Increased Capital Base for Pension Fund Administrators Amid… Dec 4, 2024 0 Amid rising inflation and the depreciating value of the Naira, financial experts have called for a review of the!-->…
Business Public Private Partnership (PPP) Assets To Get Insurance Cover As From Next Year Dec 4, 2024 0 The Infrastructure Concession Regulatory Commission (ICRC), in collaboration with the National Insurance!-->…
Business Africa Energy Bank rakes in $2.5bn, to commence operations March 2025 Dec 4, 2024 0 The Africa Energy Bank (AEB), a $5 billion initiative spearheaded by the Africa Petroleum Producers Organisation!-->…
Business Zenith Bank’s path to sustainable growth Dec 4, 2024 0 Zenith Bank, Nigeria’s largest and most profitable financial institution, exemplifies a commitment to sustainable!-->…
Business Polaris Bank and Amtis Skills Place Empower Young Designers Through Fashion… Dec 4, 2024 0 Polaris Bank partnered with Amtis Skills Place to host the 2024 Amtis Fashion Competition, a platform aimed at!-->…
Finance Finance and insurance sector grow economy by 30.83% on CBN rate hike Dec 4, 2024 0 The finance and insurance sector recorded a 30.83% growth in real GDP in Q3 2024, driven by the Central Bank of!-->…
Business CBN directs banks to make cash available to customers Dec 4, 2024 0 The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to prioritize cash disbursement to!-->…
Business Nigerian Banks Record N6.5 Trillion Loan Income Amid Rising Interest Rates Dec 4, 2024 0 Amid a steep rise in the Central Bank of Nigeria's (CBN) Monetary Policy Rate (MPR), Nigerian banks generated N6.5!-->…
International Asian Stocks Stumble Amid South Korean Political Turmoil and Global Market… Dec 4, 2024 0 Asian markets faced turbulence as South Korean political upheaval weighed heavily on sentiment. The imposition and!-->…
Business NAICOM and ICRC partner on insurance for assets under PPP Dec 4, 2024 0 The National Insurance Commission (NAICOM) and the Infrastructure Concession Regulatory Commission (ICRC) have!-->…
Business Coronation Insurance declares N2.2bn profit Dec 4, 2024 0 Coronation Insurance Group has reported a profit before tax of N2.2 billion for the financial year ending December!-->…
Business Minority shareholders rally behind UBA’s N239bn rights issue Dec 4, 2024 0 United Bank for Africa (UBA) Plc has launched a N239.4 billion rights issue, offering existing shareholders 6.84!-->…
Banking Banks raise withdrawal limit to N50,000 Dec 4, 2024 0 Deposit Money Banks in the Federal Capital Territory have increased their maximum over-the-counter daily!-->…
insurance African Alliance Insurance pays N780m to annuitants Dec 3, 2024 0 African Alliance Insurance Plc has disbursed N780 million to annuitants under its new interim management. The!-->…
Business 20 New Millionaires To Emerge In FCMB Promo Dec 3, 2024 0 First City Monument Bank (FCMB) has unveiled the 10th season of its renowned “Millionaire Promo,” a nationwide!-->…
Business Foreign Holdings Drop $13bn On Naira Slump And Corporate Exits Dec 3, 2024 0 Nigeria’s foreign direct investment (FDI) inward stock experienced a sharp decline, dropping from $86.2 billion in!-->…
Business FG engages three US lenders for $2.2bn Eurobonds Dec 3, 2024 0 Nigeria has re-entered the global capital markets after a two-year hiatus, issuing $2.2 billion in Eurobonds to!-->…
Local Wema Bank awards N145m to outstanding innovators Dec 3, 2024 0 Wema Bank has successfully concluded the 5th edition of its Hackaholics initiative, awarding N145 million to seven!-->…
Stock Dangote Cement Becomes Most Capitalized Stock on NGX Dec 3, 2024 0 Dangote Cement has surpassed Airtel Africa and 11 other companies to become the most capitalized stock on the!-->…
International Asia and Europe stocks climb on the US lead while dollar dips Dec 3, 2024 0 Asian and European stock markets saw strong gains on December 3, following a rally in US tech stocks that pushed!-->…
International Euro Steadies as France Political Crisis Worsens Investor Concerns Dec 3, 2024 0 The euro stabilized on Tuesday, recovering slightly after political turmoil in France heightened market!-->…
Market Forex Turnover in NAFEM Jumps 62 Percent to $43 Billion Amid Naira’s Mixed… Dec 3, 2024 0 The Nigerian Foreign Exchange Market (NAFEM) recorded a 61.9% year-on-year increase in dollar turnover, reaching!-->…
Business System liquidity hits N518.9bn in November Dec 3, 2024 0 System liquidity in Nigeria rebounded to a surplus of N518.9 billion in November 2024, up from a deficit of N207.6!-->…
insurance Coronation Insurance reports N2.2bn profit highlights digital transformation Dec 3, 2024 0 Coronation Insurance Plc has announced a profit before tax of N2.2 billion for the financial year ending 2023, a!-->…
Business FCMB Millionaire Promo Set to Reward 20 Customers Nationwide Dec 3, 2024 0 First City Monument Bank has launched the 10th edition of its ‘Millionaire Promo,’ designed to reward and empower!-->…
Business SEC Guarantees Safety Of Fintech Investors’ Funds Dec 3, 2024 0 The Securities and Exchange Commission (SEC) has reaffirmed its commitment to safeguarding investors’ funds,!-->…
Business Experts Advocate Green Building For Sustainable Financing—Ecobank Expo Dec 3, 2024 0 At the Ecobank Design and Build Expo in Lagos, industry leaders stressed the importance of adopting green building!-->…
Business Nigeria’s insurance market’s premium hits N813.1b Dec 3, 2024 0 Nigeria’s insurance industry achieved a significant milestone with Gross Premium Written (GPW) reaching N813.1!-->…
International Norway Wealth Fund to Probe Shoe Producers and Crypto Firms for Ethical Breaches… Dec 2, 2024 0 Norway's $1.8 trillion sovereign wealth fund, the world’s largest, will investigate ethical concerns surrounding!-->…