LivingTrust Mortgage Bank Plc has posted a strong performance for the half year ended June 30, 2025, with profit after tax rising 30.1% year-on-year to ₦551.28...
The Nigerian Exchange (NGX) closed the trading week ended July 11, 2025, on a bullish note as the All-Share Index (ASI) rose by 4.26% to settle...
Nigeria has secured a $747 million syndicated loan led by Deutsche Bank to commence construction of the first phase of its ambitious 700-kilometre coastal highway project....
The Murtala Muhammed Area Command (MMA) of the Nigeria Customs Service (NCS) has reported revenue generation of ₦97.1 billion for the second quarter of 2025, representing...
Ecobank Transnational Incorporated (ETI) has commenced a new capital raise of up to $250 million in Additional Tier 1 (AT1) qualifying instruments through a private placement...
Dangote Industries Limited has confirmed that its 650,000 barrels-per-day refinery, the largest in Africa, will transition to processing exclusively Nigerian crude oil by the end of...
The Central Bank of Nigeria (CBN) has announced a temporary lifting of regulatory caps on the recognition of Additional Tier 1 (AT1) capital in banks’ Capital...
Nigeria’s banking industry is poised for a new wave of consolidation as five major lenders have reportedly met or surpassed the Central Bank of Nigeria’s (CBN)...
The Central Bank of Nigeria (CBN) has directed deposit money banks to submit detailed capital restoration plans by the end of this week as it ends...
Jaiz Bank Plc has confirmed the appointments of Ahmed Mohammed Indimi as Non-Executive Director and Nike Kolawole as Independent Non-Executive Director. In a statement filed with...