National Insurance Commission has called for a proactive, data-driven, forward-looking risk management approach to boost national development. Olusegun Omosehin, the commissioner for…
Category:
Finance
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Finance
Nigeria posts $6.83bn balance of payments surplus in 2024, personal remittances rose by 8.9% to $20.93bn in 2024—CBN
Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, marking…
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Africa Finance Corporation, the continent’s leading infrastructure solutions provider, has announced its strongest financial performance to date, with total revenue for the…
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The Naira exchange rate has came under intense pressure in the foreign exchange market as a result of foreign investors seeking to…
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African Export-Import Bank said it has successfully issued its first Panda bond in the China Interbank Market under the Bank’s 2025 Panda…
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Central Bank of Nigeria has sold nearly $197.71 million to support the Naira currency after President Donald Trump’s tariffs sent shockwaves through…
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The World Bank said on Wednesday it had approved a total of $1.08 billion in concessional financing for Nigeria to enhance education…
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The Central Bank of Nigeria (CBN) has reported a substantial improvement in its Net Foreign Exchange Reserve (NFER) position as of the…
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Six banks in the country have posted N3.41 trillion as profit after tax for 2024 ended against the N2.1 trillion recorded in…
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The World Bank is to approve two loans of $632 million to Nigeria for nutritional improvement and quality basic education enhancement. The…
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In a significant milestone for Nigeria’s banking sector, women now constitute 35% of the Central Bank of Nigeria’s (CBN) directors and half…
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Zenith Bank Plc has posted N1.3 trillion profit before tax in its 2024 financial year that was presented to the Nigerian Exchange…
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Debt Management Office has raised N1.09 trillion through the last six series of Sukuk bonds issued for capital projects nationwide on behalf…
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United Bank for Africa (UBA) Plc grew profit its by 26.14% year on year to N766.568 billion in 2024 from a total…
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Nigerian deposit money banks accessed more than N9 trillion to fund operations as the liquidity shortage bit last week. The financial system…