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Stakeholders Criticize Inflation Rebase and CBN’s MPC Decision Amid Economic…
The recent rebasing of Nigeria's inflation rate and the Central Bank of Nigeria's (CBN) decision to maintain the…
IMF Highlights Nigeria’s Economic Stability Amid Reforms under Tinubu…
The International Monetary Fund (IMF) has praised the reforms implemented by Nigeria’s Bola Ahmed Tinubu-led…
NGX Group Proposes Historic N4.4bn Dividend as Profit Soars to N13.5bn
In a remarkable achievement, Nigerian Exchange Group Plc (NGX Group) has proposed a record dividend of N4.4…
Stock Market Experiences Continued Downturn with N289bn Loss
The Nigerian stock market continued its decline on March 5, 2025, as the overall capitalization dropped by N289…
United Capital Delivers Strong 2024 Financial Results with N2.40k Dividend Payout…
United Capital Plc (UCAP) has announced a total dividend payout of N2.40 per share for 2024, rewarding…
FCMB’s Continued Support for the Blind Celebrated by FNSB
The Federal Nigeria Society for the Blind (FNSB) has praised First City Monument Bank (FCMB) for its ongoing…
CBN Reinforces Oversight to Strengthen Financial System Amid Rising Global…
The Central Bank of Nigeria (CBN) is enhancing its regulatory framework to ensure the stability and resilience of…
Naira Stability Outlook Strong as CBN Maintains FX Market Interventions
The Central Bank of Nigeria (CBN) is expected to maintain the stability of the naira in the coming weeks through…
Nigeria Secures $50.8 Billion in Global Trade Investment Deals
Nigeria has made significant strides in its economic diversification efforts, securing over $50.8 billion in…
DMO Announces New FGN Savings Bonds Offering Interest Rates of 16.64% and 17.64%
The Debt Management Office (DMO) has introduced two new Federal Government of Nigeria (FGN) savings bonds,…
United Capital Proposes N9bn Final Dividend Following Strong 2024 Performance
United Capital Plc has announced a final dividend of N9 billion, equivalent to 50 kobo per share, for the year…
Cash Crunch Drives 171% Surge in Bank Borrowings from CBN Amid Tight Monetary…
The Central Bank of Nigeria (CBN) has seen a significant rise in bank borrowings, with a 171% increase…
Nigeria Customs Service Enhances Trade Efficiency with Full Bank Integration and…
The Nigeria Customs Service (NCS) has announced the full integration of all commercial banks for Form ‘M’…
Selling Price Inflation Eases in Nigeria, Business Activity Accelerates in…
Nigeria's selling price inflation slowed to a seven-month low in February, according to the latest Stanbic IBTC…
CBN Strengthens Nigeria’s Financial System with Strategic Policy…
The Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, is recalibrating its monetary…
Nigerian Money Market Liquidity Rebounds in February, Likely to Sustain Bullish…
In February 2025, the Nigerian money market witnessed a notable improvement in system liquidity, reaching N572.8…
U.S. Consulate Partners to Empower 120 Nigerian Technicians for Economic Growth
The U.S. Consulate General Lagos has collaborated with the Field of Skills and Dreams VTE Academy to launch the…
Stock Market Begins March on a Negative Note, Drops by 0.34%
The Nigerian stock market opened March 2025 on a downturn, as investors engaged in profit-taking across various…
CBN Enhances Oversight to Safeguard Nigeria’s Financial System
The Central Bank of Nigeria (CBN) is intensifying efforts to ensure a transparent and resilient financial system…
Nigeria’s Key Economic Sectors Stagnant, Urgent Reforms Needed for Growth –…
Nigeria’s economy has been facing significant challenges, with key sectors that are crucial for its economic…
Nigeria Plans $122 Billion Investment to Diversify Energy Sources and Enhance Grid…
The Federal Government of Nigeria has unveiled a plan to secure $122.2 billion in investments aimed at…
Nigeria’s Real Estate Sector Becomes the Third Largest Contributor to GDP
Nigeria's real estate sector has gained significant attention as it emerged as the third largest contributor to…
Ten Stockbrokers Trade Over N601 Billion on NGX in First Two Months of 2025
In the first two months of 2025, ten stockbrokers on the Nigerian Exchange Limited (NGX) facilitated transactions…
NGX Group Sees 157.3% Surge in Profit, Reaches Record N13.6 Billion for 2024
NGX Group has reported a significant profit before tax (PBT) of N13.6 billion for the year ending 31 December…
CBN Enhances Financial Oversight to Strengthen Compliance with Global Banking…
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to reinforcing the nation's financial sector by…
South Africa Fines Google R500 Million and Investigates Tech Giants Over…
South Africa's Competition Commission has launched an investigation into major tech companies, including Google,…
Strategies for Staying Authentically Informed in the Digital Age
Staying informed as a citizen in the digital age has become increasingly complex due to the abundance of…
Google Launches Free AI Coding Assistant for Nigerian Developers
Google has launched a new AI-powered coding assistant called Gemini Code Assist, offering a free version to…
Elumelu Pledges Support for Gabon’s Infrastructure Development and Youth…
Tony Elumelu, the Group Chairman of United Bank for Africa (UBA) and founder of the Tony Elumelu Foundation (TEF),…
Banking Sector Outperforms with 7.76% YtD Gain as Recapitalisation Efforts Gain…
In 2025, the Nigerian banking sector has emerged as a standout performer on the Nigerian Exchange Limited (NGX),…