Nigerian banks increased lending to trade and financial services in the first quarter of 2026 with credit to trade and...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained stable on Thursday,...
Gold extended its advance on Thursday as investors looked beyond short-term interest rate expectations and focused instead on a growing...
Banking stocks continued to command investor attention on the Nigerian Exchange (NGX) on Wednesday, reinforcing the financial services sector’s position...
First HoldCo Plc strengthened its position as one of the Nigerian Exchange’s (NGX) most actively traded equities on Wednesday after...
Sustainable Capital Limited has exited Seplat Energy Plc after selling its remaining 36.7 million shares, bringing its voting rights in...
The Federal Government is preparing for the reconstruction of the Benin Bypass in Edo State following a directive from President...
Nigerian fintech company Moniepoint is winding down its UK-based remittance service, MonieWorld, less than 18 months after entering the international...
Nigeria-headquartered venture capital firm Ventures Platform has raised an oversubscribed $84 million second fund to invest in early-stage technology companies...
Palm Oil Importation Surges Despite FX Restriction Data from the Nigerian Ports Authority (NPA) has revealed that Nigeria imported more palm oil in recent months despite...
NSE Dips Again, Loses N59b on Monday The Nigerian Stock Exchange (NSE) closed lower on Monday as global risk continued to dictate the direction of emerging...
FBN Holdings Grows PAT by 43.2% in Q3, 2019 FBN Holdings Plc grew Profit After Tax (PAT) by 43.2 percent in the third quarter (Q3) of...
UBA Reports N24.9b Profit for Q3, 2019 The United Bank for Africa (UBA) Plc, one of Nigeria’s leading financial institutions, grew its profit by 28.05 percent...
Cashless Policy: CBN Excludes Government Accounts, MFBs, Others The Central Bank of Nigeria (CBN), has excluded all government revenue-generating accounts of the Federal, State and Local...
Nigeria Spends Over N750b on Pencil Importation The Minister of Science and Technology, Dr. Ogbonnaya Onu, on Monday, said the Federal Government spent over N750 billion...
Minimum Wage Should Start From April Says Labour Labour has said the implementation of the new minimum wage of N30,000 should commence from April18, 2019, the...
Forex Restriction: CBN Rejects IMF’s Call for Reversal The Central Bank of Nigeria (CBN) has rejected calls by the International Monetary Fund (IMF) to reverse the...
CBN to Increase Regulation of FinTech Companies The Central Bank of Nigeria (CBN) is working on plans to improve the regulation of Financial Technology (FinTech) companies...
Coca-Cola Records $2.6bn Profit In Q3 2019 The Chief Executive Officer of Coca-cola, James Quincey, has revealed how the carbonated company was able to offset the...
