Business
CBN Reaffirms Commitment to Financial Stability and Secure Deposits
The Central Bank of Nigeria (CBN) reassures Nigerians of the stability and security of financial system, ensuring all bank deposits are safe
11 October 2024
Financial Agencies
Business
PoS Transactions in Nigeria Hit N6.23 Trillion Between January and July 2024
Nigeria’s PoS transactions hit N6.23 trillion between January and July 2024, a 7.5% decline compared to 2023
10 October 2024
Business
Zenith Bank Apologizes for Service Disruptions Amid IT Software Upgrade
Zenith Bank addresses recent service disruptions due to an IT software upgrade confirms that transactions can now be processed on its platform
4 October 2024
Business
Nigeria’s Debt to GDP Ratio Not Critical- Minister Says
Foreign Affairs Minister Yusuf Tuggar assures that Nigeria’s Debt-GDP ratio is not alarming, with China still willing to invest in the country
1 October 2024
Business
FG to Harmonize Tax System for all 36 States in Nigeria
The Federal Government of Nigeria plans to harmonize tax across all 36 states, with the FCT as a pilot for the initiative. This aims to simplify taxation and increase state revenues.
30 September 2024
Breaking News
Nigeria Secures $1.57 Billion in World Bank Loans
Nigeria secures $1.57 billion in World Bank loans to boost healthcare, education, and climate resilience, focusing on sustainable development
30 September 2024
Business
Otedola Consolidates Stake in FBNH with 534 Million Shares
Otedola acquires an additional 534 million shares in FBN Holdings, increasing his stake to 13.2% of the bank’s outstanding shares,
28 September 2024
Business
Sterling Financial Holdings Set to Finalise US$50m Recapitalisation
Sterling Financial Holdings Company Plc raises US$50m for recapitalisation through private placement, reinforcing investor confidence in its growth strategy and sector-leading innovation.
21 September 2024
Business
CBN Withdraws Policy Due To Misrepresentations
Central Bank of Nigeria (CBN) has withdrawn a policy due to widespread misrepresentations, raising questions about its financial policies
20 September 2024
Business
Nigeria Targets Massive Revenue Through Halal Economy, Sukuk Bond
Discover how Nigeria is leveraging the Halal economy and Sukuk bond to boost revenue growth. Explore the economic strategy aimed at tapping into global Islamic finance markets
17 September 2024
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