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FG issues N1.1trn Sovereign Sukuk for 124 road projects across Nigeria
The Securities and Exchange Commission (SEC) has announced that the Nigerian government has issued six Sovereign!-->…
BUA Group donates N2bn for reconstruction of collapsed Zaria mosque
The Emir of Zazzau in Kaduna, Ambassador Ahmad Nuhu Bamalli, has praised Alh Abdulsamad Rabiu, the Chairman of BUA!-->…
Morning Bid: Making Bitcoin Great – and above $105,000
Bitcoin has reached a new milestone, soaring above $105,000 for the first time in history, spurred by comments!-->…
PalmPay Partners Jumia to Boost Payment Transaction
PalmPay, a leading fintech company in Nigeria, has partnered with e-commerce platform Jumia to improve the payment!-->…
Currency Outside Banks Now N4.29tn, 94.2% of Currency in Circulation
Currency outside banks in Nigeria surged to N4.29 trillion in October 2024, accounting for 94.2% of the total!-->…
Nigeria excluded from the $1bn OPEC fund for development financing
Nigeria, Africa’s largest oil producer, was conspicuously absent from the list of beneficiaries of nearly $1!-->…
Capital Express unveils insurance group
Capital Express Group has officially unveiled its insurance arm, comprising two rebranded entities: Capital!-->…
Nigeria Needs Robust Policies To Boost Foreign Trade – Analysts
Analysts have urged Nigeria’s fiscal and monetary authorities to adopt strategic policies aimed at enhancing!-->…
NSIA Insurance donates furniture to school
NSIA Insurance Limited has donated furniture and school supplies to Government College, Victoria Island, Lagos, as!-->…
Firm partners NexHub to boost creative exports
Bruit Costaud, a leading policy communications and government affairs firm, partnered with NexHub to amplify!-->…
Continental Reinsurance gets positive ratings
Continental Reinsurance, a leading pan-African reinsurance company, has received a B+ financial strength rating!-->…
Access Bank set to acquire 100% equity in South Africa’s Bidvest Bank
Access Bank, a subsidiary of Access Holdings Plc, has announced its agreement to acquire a 100% equity stake in!-->…
BudPay Highlights Lack of Data Among SMEs Hindering African Business Growth
Despite the surge in digital transactions across Africa, 73% of small and medium enterprises (SMEs) lack access to!-->…
World Bank may approve $500m loan to Nigeria today
The World Bank is expected to approve a $500 million loan for Nigeria to enhance rural access and agricultural!-->…
Unified Payments launches new campaign
Unified Payments, Nigeria's leading payments, and financial technology company, has introduced its new campaign!-->…
Banks lost N42.33bn to fraud in six months — Report
Nigerian banks experienced N42.33bn in fraud-related losses during the first half of 2024, according to a report!-->…
Insurance firms eye N4.98bn profit in 2025
Three leading Nigerian insurance firms Cornerstone Insurance, AIICO Insurance, and International Energy Insurance!-->…
Dangote Refinery exports PMS to Cameroon
Dangote Refinery and Neptune Oil have successfully executed the first-ever export of Premium Motor Spirit (PMS)!-->…
Tinubu to German investors: Energy, solid minerals key to Nigeria’s economic…
President Bola Tinubu highlighted Nigeria's potential for growth in the energy and solid minerals sectors during a!-->…
Mastercard and BCP Group Collaborate on Cross-Border Payments in Africa
Mastercard has announced a strategic partnership with the BCP Group to enhance cross-border payments for both!-->…
UBA shareholders get 375% returns
Shareholders of the United Bank for Africa (UBA) have seen impressive returns, with a cumulative capital gain of!-->…
Pension funds to increase infrastructure financing – PenOp
The Pension Fund Operators Association of Nigeria (PenOp) has announced plans to enhance the role of pension funds!-->…
Dangote gifts 120 indigent students N16m
As part of its 2024 Community Day celebration, Dangote Cement, Ibese, presented N16.2 million in scholarships to!-->…
Naira falls to N1,745/$ on parallel market
The Nigerian naira sharply declined to N1,745 per dollar in the parallel market on Wednesday, marking a steep drop!-->…
NAICOM ICRC Set Agenda for Insurance of Public-Private Assets
The National Insurance Commission (NAICOM) and the Infrastructure Concession Regulatory Commission (ICRC) have!-->…
AFD extends additional 50m Euros funding to DBN
The French Agency for Development (AFD) has extended a €50 million credit line to the Development Bank of Nigeria!-->…
Nigeria’s money supply rises 48% to N107.7trn
Nigeria's money supply rose 48.3% year-on-year to N107.7 trillion in October 2024, up from N72.6 trillion in the!-->…
Interest rate, others drive up investments in Mutual Funds by 89.12%
The Mutual Funds market in Nigeria has witnessed a remarkable 89.12% year-on-year growth, with the total Net Asset!-->…
Firm launches wealth management App with diverse investment opportunities
Smart Stewards has launched Wealth Sync, a wealth creation app aimed at individuals, small businesses, and!-->…
Stock Market Appreciates by N60bn on Investors Demand for MTN, 36 Others
The Nigerian stock market rebounded with a capitalization increase of N60 billion, driven by investors' strong!-->…