The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has retained the benchmark interest rate at 27.50% for the second consecutive time in 2025, citing the...
In a strategic effort to deepen support for Nigeria’s small and medium-sized enterprises (SMEs), Access Bank Plc has launched a nationwide SME Business Clinic in collaboration...
The Nigerian Sovereign Investment Authority (NSIA), which manages the country’s sovereign wealth fund, has adjusted its asset allocation strategy by reducing exposure to the U.S. market...
Preparations for the official launch of the African Energy Bank (AEB) have reached an advanced stage, with Nigeria confirming the completion of key legal and governance...
Africa’s Global bank, United Bank for Africa (UBA) Plc, has reaffirmed its leadership position in fostering economic growth and empowerment as it clinched four major awards...
The Central Bank of Nigeria (CBN) has reduced its net loan exposure to the Federal Government and recovered over N250 billion from intervention programmes in 2024,...
The Asset Management Corporation of Nigeria (AMCON) has announced a renewed strategy to fast-track the recovery of over N4.6 trillion in outstanding debts with a strengthened...
Stanbic IBTC Holdings PLC has announced the approval of a final dividend payout of ₦3.00 per ordinary share following resolutions passed at its 13th Annual General Meeting...
The Federal Government, through the Bank of Agriculture (BoA), has announced a strategic plan to recover over $20 billion in non-performing loans as part of a...
The World Bank has raised concerns over a significant revenue shortfall in remittances by the Nigerian National Petroleum Company Limited (NNPCL) to the Federation Account, stating...
