Senate has approved President Bola Tinubu’s plan for more than $21 billion in foreign borrowing to plug shortfalls in the 2025 budget,…
Category:
Finance
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Nigeria’s external reserves have climbed to $40.11 billion as of July 2025, according to the Central Bank Governor, Yemi Cardoso. He said…
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Zenith Bank Plc has been named “Nigeria’s Best Bank” at the Euromoney Awards for Excellence 2025, emerging as Nigeria’s standout performer, and…
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The Central Bank of Nigeria (CBN) has directed banks to submit a comprehensive Capital Restoration Plan (CRP) as part of its efforts…
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Central Bank of Nigeria (CBN) sold OMO bills worth N3.32 trillion to eligible investors, local banks, and foreign portfolio investors in June…
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Banks in Nigerian has activated cross border or foreign currency spending with the Naira debit card, series of update from top financial…
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Finance
Zenith Bank retains top spot as no 1 bank in Nigeria by tier-1 capital for the sixteenth consecutive year
Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital for the sixteenth consecutive year,…
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FirstBank, the West Africa premier financial institution and financial inclusion services provider has launched an advanced facial biometric technology on its mobile…
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Foreign direct investment (FDI) inflows into Nigeria declined by 19% to $250 million in Q1 2025, compared to $310 million in the…
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Africa Finance Corporation AFC, has said that the Republic of Angola has become its latest sovereign shareholder. This strategic equity investment further…
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Finance
Ecobank Nigeria selected for GET.Invest EDGE finance programme to boost green energy investment
Ecobank Nigeria, an affiliate of the leading pan-African banking group Ecobank Group, has been selected as one of five Nigerian banks to…
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Zenith Bank Plc, Nigeria’s biggest bank by Tier-1 Capital, has assured shareholders and investors of its readiness to satisfy all relevant conditions…
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First Bank HoldCo Plc said it spent more than ₦15 billion to protect its systems against criminals between January and June. The Chief Executive…
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Nigerian banks are likely to face lower profitability, tighter capital buffers, and a potential uptick in non-performing loans (NPLs) as the country’s…
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The gross balance in the external reserves reduced to $38.045 billion as data showed that the Central Bank of Nigeria (CBN) defended…