Finance

Central Bank of Nigeria (CBN) has opened fresh open market operations (OMO) bills to foreign portfolio investors and authorised local deposit money…

Nigeria has approved a $652-million China Exim Bank funding package for construction of a road to move goods from a sea port…

Former Vice President of the African Development Bank and former Minister of Economy, Planning and Cooperation of Senegal Mr. Amadou Hott has…

The Managing Director of Wema Bank, Moruf Oseni, has said the bank’s goal is returning to Nigeria’s top tier of banking. He…

Central Bank of Nigeria has slammed a N250 million fine on a Nigeria-based payment processor, Paystack, for launching Zap app without approval…

The Securities and Exchange Commission has uncovered another suspected illegal investment platform identified as Tofro.com (Tofro). The commission raised the alarm in a notice…

Shareholders of Zenith Bank Plc, at the 34th Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Tuesday,…

Guaranty Trust Bank, Ecobank as well as others have informed their customer of increase of SMS charges to N6 per sms. Gtbank…

The African Development Bank Group has signed a $3.2 billion Exposure Exchange Agreement with the Inter-American Development Bank (IADB), renewing a prior…

United Bank for Africa has said that it needed to raise the sum of N144.8 billion to meet the new minimum capital…

Due to robust demand for the naira assets, the Central Bank of Nigeria (CBN) rejected a huge part of excess subscriptions submitted…

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…