BUSINESSMETRIC
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MARKETS AND ECONOMY
NGX Investors Lose N3.52trn as Market Capitalisation Falls to N161.59trn
Equities investors on the Nigerian Exchange Limited (NGX) lost approximately N3.52 trillion in the value of their combined portfolios last week as renewed sell-offs dragged the domestic stock market lower, reversing part of the gains recorded in previous trading sessions.The bearish performance, which reflected weakening sentiment amid renewed sell-offs...
Nigeria Records $1.57bn in Diaspora Remittances, Highest in Seven Years
Nigeria recorded $1.57 billion in diaspora remittance inflows through...
Africa Accounts for 2.1% of Global Air Cargo Market as September Demand Grows 4.7% – IATA
African airlines recorded a 4.7 per cent year-on-year increase...
Global Air Cargo Demand Hits 7.7% Growth in September, Capacity Rises 2.7% – IATA
Global air cargo demand increased by 7.7 per cent...
Cadbury Nigeria Records N10.14bn 9M Profit as Operating Earnings Fall 10% to N14.31bn
Cadbury Nigeria Plc reported a profit after tax of...
Nestlé Nigeria’s Q3 2026 Revenue Rises to N976.53bn as Profit After Tax Grows 43%
Nestlé Nigeria Plc reported a 10.4 per cent increase...
Nestlé Nigeria Seeks SEC, FCCPC, Shareholder Approval for Transfer to Peranel JV
Nestlé Nigeria Plc has moved to secure regulatory and...
Tech World
FINANCE
CBN Introduces N15bn Capital Threshold For Dollar Stablecoin Issuers, N10bn For Naira Tokens
The Central Bank of Nigeria (CBN) has introduced minimum paid-up capital requirements of N15 billion for foreign currency-backed stablecoin issuers and N10 billion for naira-referenced stablecoin issuers as part of new regulations governing non-security virtual assets in the country.The requirements are contained in the apex bank’s Regulations for the...
UBA Takes Google Pay to 45m Customers
UBA’s integration with Google Pay gives its customers another...
ACAMB Warns Bank Customers as Fraudsters Clone Banking Websites to Steal Credentials
The Association of Corporate Communication and Marketing Professionals in...
Coronation Insurance Resubmits SEC Application for Minority Buyout, Delisting
Coronation Insurance Plc has resubmitted its application to the...
Police Pension Reform: IG Proposes 200% Gratuity, Salary-Linked Benefits
The Inspector-General of Police, Olatunji Disu, has proposed a...
Nigeria’s Recapitalised Banks and Missing Link Between Profit and Prosperity
By Blaise UdunzeNigeria’s banking industry has spent years rebuilding...
PalmPay Partners Police Cybercrime Centre to Strengthen Fraud Prevention Awareness
PalmPay has partnered with the Nigeria Police Force National...
GENERAL NEWS
UK Government, FSD Africa Commit $335,000 to Mobilise $2.7m for Women-Led Businesses in Nigeria
The investment initiative aims to channel domestic capital into...
Nigerians may soon Travel to Grenada without a Visa
Nigerians may soon be able to travel to the...
UBA Takes Google Pay to 45m Customers
UBA’s integration with Google Pay gives its customers another...
Transcorp’s Operating Cash Flow Jumps to N95.7bn as Borrowings Rise
Transnational Corporation Plc’s (Transcorp) operating cash flow surged to...
UBA Launches Group-Wide Climate Action Week to Advance Green Finance and Sustainability Across Africa
Africa’s Global Bank, United Bank for Africa (UBA) Plc,...
Nigeria’s $1tn Economy Ambition Depends on Scaling Small Businesses – Oyedele
Nigeria’s plan to build a $1tn economy will depend...
Varsities Claim 73.2% of FG’s N38.93bn Tertiary Institution Fund
The Federal Government has disbursed N38.93 billion to 166...
media outreach
Travels & Aviation
Appointments & RECOGNITIONS
VIEWPOINTS
Nigeria’s Recapitalised Banks and Missing Link Between Profit and Prosperity
By Blaise UdunzeNigeria’s banking industry has spent years rebuilding capital, restructuring institutions and celebrating stronger financial performance. Amidst all...