NAICOM Promotes Takaful to Enhance Financial Resilience
The National Insurance Commission (NAICOM) has highlighted the importance of Takaful, an Islamic insurance system…
Naira Faces Further Depreciation Amid Festive Season Demand
Analysts at Meristem Securities have projected a worsening depreciation of the naira due to heightened demand for…
Pensioners Seek Redress Over PTAD Payment Issues
Pensioners across various sectors have raised complaints about discrepancies in their payments handled by the…
Noor Takaful Unveils Health Insurance and Digital Solution
Noor Takaful Insurance Limited has launched NOOR Health, a Health Maintenance Organization (HMO) designed to…
Minimum Wage Hike to Raise Nigeria’s Personnel and Pension Costs by N3.57 Trillion
The Federal Government projects personnel and pension expenses to rise sharply in 2025, driven by the implementing…
FirstBank hosts inaugural China-Africa interbank forum
FirstBank is set to host the inaugural China-Africa Interbank Association (CAIBA) Forum in Abuja, marking the…
Lafarge WAPCO and Others Propel Equity Market with N136bn Gain
The Nigerian equity market recorded a significant boost on Tuesday, gaining N136 billion in market capitalization.…
CBN Refutes Allegations Of Withholding Foreign Currency Transfers
The Central Bank of Nigeria (CBN) has denied allegations that it withholds foreign currency transfers into…
NGX banking index records 17.4% year-to-date growth
The Nigerian Exchange Limited (NGX) banking index has shown a strong growth of 17.38% year-to-date, reflecting the…
FBN Holdings Rebrands to First Holdco Plc
FBN Holdings Plc has officially rebranded to First Holdco Plc following shareholder approval at its 12th Annual…
Nigeria’s Investment Appetite Grows as Mutual Funds Rise 89.5% to N3.8trn
Nigerian investors’ preference for secure, high-yielding opportunities has driven the Net Asset Value (NAV) to…
Investors’ Interest in Zenith Bank Boosts Nigerian Stock Market
The Nigerian stock market opened the week with a slight gain of 0.03%, fueled by renewed investor interest in…
Decline in Commercial Paper and Corporate Bond Issuances Amid Rising Borrowing…
In the first half of 2024, the Nigerian capital market saw a significant drop in commercial paper and corporate…
UK Urges Nigeria to Tackle Market Distortions by Government Agencies
The United Kingdom has called on Nigeria to accelerate its economic reforms, particularly by addressing…
Zenith Bank Tech Fair Showcases Future of Digital Finance and AI
The Fourth Edition of the Zenith Bank Tech Fair, themed "Future Forward 4.0: Embedded Finance, Cybersecurity &…
Nigeria’s foreign debt servicing soars to N3.8trn in 8 months
Nigeria’s foreign debt servicing costs have risen sharply by 107.7%, reaching N3.8 trillion in just eight months,…
Nigeria’s Economy Stable and Ready for Investment
Nigeria's Finance Minister, Wale Edun, has declared the country's macroeconomic environment stable and conducive…
Unity Bank Boosts Savings Culture with Financial Literacy App
Unity Bank Plc has unveiled plans to launch a financial literacy app targeted at children and teenagers to…
Naira drops to 1690.37/$ as dollar supply falls
The naira fell 2.31% on Monday at the National Autonomous Foreign Exchange Market (NAFEM), closing at ₦1,690.37/$,…
Foreign inflow on NGX drops to N11bn
Foreign inflows into the Nigerian Exchange Limited (NGX) experienced a notable decline in September 2024, dropping…
Dangote Refinery signs 60 million litres weekly petrol deal with marketers
The Dangote Petroleum Refinery has finalized a major agreement with the Independent Petroleum Marketers…
Stanbic IBTC Capital Becomes Issuing House For N40bn Multi-Instrument Issuance…
Stanbic IBTC Capital Limited has been appointed as the lead issuing house for RMB Nigeria’s ₦40 billion…
UBA Achieves Record N2.4 Trillion Earnings in Q3 2024
United Bank for Africa (UBA) Plc has recorded a historic N2.4 trillion in gross earnings for the first nine months…
Stanbic IBTC Seeks to Increased Agriculture Funding
Stanbic IBTC Bank has reaffirmed its dedication to transforming Nigeria’s agricultural sector by improving access…
African Experts Discuss Growth of Takaful and Non-Interest Finance
Finance experts from across Africa gathered in Lagos for the second African Takaful and Non-Interest Finance…
Access Bank Named Nigeria’s Sole Firm on Forbes 2024 World’s Best Employers List
Access Bank PLC has been recognized as the only Nigerian company on Forbes' 2024 World’s Best Employers List,…
Naira Volatility Deters South African Investors from Nigeria
South African investors are increasingly hesitant to explore Nigeria’s market potential due to the naira's…
Rising Inflation Concerns Amid Energy and Currency Pressures in Nigeria
Nigeria's inflation rate surged to 33.88% in October 2024, up from 32.70% in September, driven by rising energy…
LAPO advocates financial inclusion for underserved communities
LAPO Microfinance Bank is championing financial inclusion across Nigeria, focusing on underserved communities. The…
Investors gain N295bn as stock market turns bullish
The Nigerian stock market rebounded strongly last week, with investors gaining N295 billion following two weeks of…