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Finance
Nigeria’s Insurance Assets Surge to N4.619 Trillion as Industry Shows Resilience
Nigeria’s insurance sector has reached a historic milestone, with total assets soaring to N4.619 trillion by the…
Nedbank Eyes 66% Stake in NCBA to Expand Its East Africa Presence
South Africa’s Nedbank Group, one of Africa’s largest banks, is set to expand its footprint beyond Southern Africa…
Naira Mid-Week Update: Official Rate Holds at N1,423/$ While Parallel Market Hits…
The Nigerian naira maintained relative stability at the official foreign exchange market mid-week, closing at…
Global Investors Wary as Trump Threatens Greenland Takeover, Markets React
Global investors are treading cautiously as markets reacted to renewed geopolitical tensions sparked by US…
CBN Sells N1.15tn Treasury Bills as Investors Eye Rising Yields
The Central Bank of Nigeria (CBN) is set to auction N1.15 trillion worth of Treasury bills in its second auction…
FGN to Repay N1.03 Trillion Bond on January 22: Implications for Nigeria’s Debt…
The federal government is set to repay up to N1.03 trillion in bond maturities on January 22, 2026, marking one of…
FG Targets N900bn Domestic Borrowing with High-Yield Bonds in January Auction
The Federal Government of Nigeria (FG) is set to raise N900 billion from the domestic market by offering high-yield…
Bank Lending Hits 14-Month Low Amid Recapitalisation Pressures in Nigeria
Nigeria’s banking sector recorded a sharp slowdown in credit extension, with total loans dropping to N52.656…
IMF Urges Nigeria to Strengthen Public Finances Amid Rising Spending Pressures
The International Monetary Fund (IMF) has called on Nigeria and other governments to strengthen public finances and…
NEM, First HoldCo, Africa Prudential Among Top Nigerian Stocks to Watch This Week
Nigerian stocks continued their upward momentum last week, marking the third consecutive week of gains, led…
SEC Strengthens Nigerian Capital Market with Tenor Limits and Capital Boost
In a recent series of decisive moves, the Securities and Exchange Commission (SEC), under the leadership of…
Nigerian Stock Market Surges N2.6 Trillion as Positive Momentum Continues in 2026
The Nigerian stock market continued its strong performance in the second week of 2026, adding N2.6 trillion to its…
Nigeria Courts Global Investors at Davos Amid Emerging Market Challenges
Nigeria is stepping onto the global stage at this year’s World Economic Forum in Davos to attract international…
Asia-Pacific Markets Dip as Investors Eye Greenland Tensions and China Economic…
Asia-Pacific markets mostly slipped on Monday, reflecting investor caution after heightened geopolitical tensions…
LIRS Sets January 31 Deadline for 2025 Tax Returns: Employers Urged to File Early
The Lagos State Internal Revenue Service (LIRS) has reminded employers across the state that January 31, 2026, is…
UCIF Strengthens Governance with New Investment Committee Appointments
The Board of Directors of United Capital Plc has announced the appointment of four distinguished infrastructure…
SEC Warns Nigerians Against Tunbosayo Okekunle Strategic Alpha Fund Over Suspected…
Nigeria’s Securities and Exchange Commission (SEC) has issued a public alert against Tunbosayo Okekunle Strategic…
NRS: VAT on bank charges NOT introduced by new tax laws
The Nigeria Revenue Service (NRS) says value-added tax (VAT) on bank services charges was not introduced by the new…
Champion Breweries Redeems N4.21bn Commercial Paper, Strengthening Investor…
Champion Breweries Plc has successfully redeemed its N4.21bn Series 1 Commercial Paper (CP) notes at maturity, part…
Paystack Expands into Banking with Ladder Microfinance Acquisition in Nigeria
Nigeria’s fintech landscape is set to change as Paystack, the Stripe-owned payments giant, officially steps into…
DAPPMAN Confirms 60% National Fuel Supply, Pledges Commitment to Nigeria’s Energy…
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has confirmed that its members now…
NGX Pension Broad Index Outperforms All-Share Index with 59.72% Return in 2025
The NGX Pension Broad Index, a benchmark for pension-compliant equity investments, delivered an impressive 59.72%…
European Stocks Soar as Greenland Talks Take Center Stage; BP Flags $5 Billion Q4…
European stocks surged to record levels on Wednesday as investors shifted their focus to high-stakes talks over…
NBS Updates CPI: Modern Consumption Patterns Transform Nigeria’s Inflation Data
The National Bureau of Statistics (NBS) has officially overhauled its approach to measuring inflation, discarding…
Nigeria’s Economic Reforms Boost Balance of Payments and Foreign Exchange Inflows
Nigeria’s ongoing economic reforms are showing tangible results, as the country records a significant rebound in…
Alphabet Surges to $4 Trillion Valuation as AI Innovations Boost Investor…
Alphabet, the parent company of Google, briefly crossed the $4 trillion market valuation mark on Monday, becoming…
US Financial Stocks Drop as Trump Proposes Credit Card Interest Rate Cap
U.S. financial stocks fell sharply in early trading on Monday after President Donald Trump proposed a one-year cap…
Oyedele Defends Nigeria’s New Tax Laws Against KPMG Critique
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has strongly rebutted…
FirstHoldCo Strengthens Non-Bank Subsidiaries with Key Board Appointments
FirstHoldCo Plc has announced a series of strategic board appointments across its non-commercial banking…
Nigeria’s Securities Firms Call for Collaborative Regulation and Faster Dispute…
Nigeria’s securities market operators are advocating for a new regulatory approach that emphasizes collaboration…