Finance

The insurance industry has recorded a 61 per cent year-on-year increase in the third quarter of 2024, reaching N1.2 trillion. Kunle Ahmed,…

Nigeria’s foreign reserves fell by $3 billion to a six month low in less than four full months amidst fluctuation in FX…

In preparation for the International Monetary Fund and World Bank Group Spring meetings commencing Monday, April 21, 2025, the Central Bank of…

Securities and Exchange Commission (SEC) has warned social media influencers and bloggers against promoting unregistered investment schemes. SEC’s director-general, Emomotimi Agama, gave…

Femi Otedola has increased its holdings in First Hold thus becoming the single largest shareholder. He increased his stake in First Holdco…

Central Bank of Nigeria (CBN) will open N400 billion worth of Nigerian Treasury bills (NTB) for investors’ subscriptions at the primary market…

The Central Bank of Nigeria (CBN) injects $150 million into the foreign exchange market at the beginning of the week to keep…

National Insurance Commission has called for a proactive, data-driven, forward-looking risk management approach to boost national development. Olusegun Omosehin, the commissioner for…

Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, marking…

Africa Finance Corporation, the continent’s leading infrastructure solutions provider, has announced its strongest financial performance to date, with total revenue for the…

The Naira exchange rate has came under intense pressure in the foreign exchange market as a result of foreign investors seeking to…

African Export-Import Bank said it has successfully issued its first Panda bond in the China Interbank Market under the Bank’s 2025 Panda…

Central Bank of Nigeria has sold nearly $197.71 million to support the Naira currency after President Donald Trump’s tariffs sent shockwaves through…

The World Bank said on Wednesday it had approved a total of $1.08 billion in concessional financing for Nigeria to enhance education…

The Central Bank of Nigeria (CBN) has reported a substantial improvement in its Net Foreign Exchange Reserve (NFER) position as of the…