Nigeria has emerged as the largest recipient of African Export-Import Bank (Afreximbank) financing, securing a cumulative disbursement of approximately $52 billion. The President and Chairman of...
Oil-producing states in Nigeria have received a total of N2.85 trillion in 13 per cent derivation revenue between 2022 and 2024, according to findings based on...
The Central Bank of Nigeria (CBN) has scrapped free withdrawals for off-network ATM transactions and introduced new charges that will take effect from March 1, 2025....
The Central Bank of Nigeria (CBN) has rescheduled the 299th meeting of its Monetary Policy Committee (MPC) planned for February 17–18 to February 18–19, 2025. In...
FBN Holdings (FBNH) Plc has emerged as the best-performing tier-one banking stock on the Nigerian Exchange (NGX) as posted a 17.65% year-to-date (YTD) gain as of...
The Central Bank of Nigeria (CBN) has reinforced its commitment to transparency and stability in the foreign exchange market with the successful implementation of the Nigeria...
Dangote Refinery has attained a record 33 million litres per day for its Premium Motor Spirit (PMS) production. The refinery also announced that it has reached...
First City Monument Bank (FCMB) has been sued by Lagos-based finance company, Cool Financial Services, over allegations that it facilitated an unauthorized withdrawal of N150 million...
Nigeria’s Dangote Refinery has expanded its global footprint with the successful export of two cargoes of jet fuel to Saudi Aramco, the world’s largest energy company....
FCMB Group Plc has scheduled a board meeting for February 28, 2025, to deliberate on and approve the company’s audited financial statements for the fiscal year...