In the dynamic landscape of the Nigerian insurance industry, the journey towards sustainable growth and development has been marked by challenges and opportunities alike. As the...
By Gilbert Ayoola As the global economy faces the challenges of rising inflation, investors around the world are seeking opportunities to safeguard and grow their wealth....
By Gilbert Ayoola The Central Bank of Nigeria (CBN) recently issued a directive instructing all Deposit Money Banks (DMBs) in the country to reduce their Loan-to-Deposit...
The Nigerian stock market returned stronger on Monday as investors raked in N71 billion to commence the week driven primarily by rally in some banking stocks....
The Presidency on Sunday said it was ready to launch about 2,700 CNG-powered buses and tricycles before May 29 when President Bola Tinubu turns one year...
President Bola Tinubu has approved the appointment of Emomotimi Agama as the Director-General of the Securities and Exchange Commission (SEC). A statement by presidential spokesman, Ajuri...
Nigerian Exchange Group and some listed companies have sought the intervention of the Federal Government to ease the challenges faced by the manufacturing sector in the...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have...
Following the challenging operating environment that impacted its operation in 2023, Nigerian Breweries Plc is taking a bold move to raise N600 billion fresh capital as...
The Central Bank of Nigeria (CBN) has reduced the Loan to Deposit Ratio (LDR) of banks to 50% from 65%. The reduction was announced via a...
The Securities and Exchange Commission of Nigeria has announced the virtual Capital Market Committee meeting for the first quarter of 2024. The meeting, which is scheduled...
The Nigerian equities market sank deeper on Tuesday to record its eighth consecutive bearish session and highest daily losses since February 19. At the close of...
Nigeria’s public debt has been growing steadily in recent years, reaching a significant level of N97.34tn (US$108.23bn pegged at N899.39/$) as of 31 December 2023, according...
Oil was little changed after rising earlier with traders waiting for clues on how Israel will respond to an unprecedented attack by Iran. Global benchmark Brent...
Nigeria’s inflation rate increased to 33.2% for the month of March 2024 driven by rising cost of foods in the country, according to the latest data...
The Nigeria Deposit Insurance Corporation (NDIC) has lauded the Central Bank of Nigeria (CBN) for its move to recapitalise banks to achieve economic resilience in the...
HIGHLIGHTS Declares N2.30 Kobo Final Dividend Total Assets Rise by 90.2% to N20.65 trillion Shareholders’ Funds Hits N2 Trillion, Rises by 120.2% Customer deposits improved by...
A Federal High Court in Abuja has remanded a Binance executive, Tigran Gambaryan, in Kuje Correctional Centre, pending the determination of his bail application. The trial...
In its continuous effort to defend the naira, the Central Bank of Nigeria (CBN) has just announced sales of fresh $10,000 to accredited Bureau De Change...
Nigerian Exchange Group Plc (NGX Group), a leading integrated market infrastructure group in Africa, has announced a significant investment in the Ethiopian Securities Exchange (ESX). NGX...