Group on Sunday, January 26, 2025, the Bank announced that it has secured the full regulatory approval of the Central Bank of ...

About seven banks, mostly tier-1 entities, have raised about N1.3 trillion in pursuit of the Central Bank of Nigeria (CBN) ...

Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer. In ...

The hybrid offer comprises of a rights issue of 5,232,748,964 ordinary shares of 50k each at N36.00 per share and public ...

Despite the over 30 per cent depreciation of the naira, Nigerians increased spending on foreign education and health services by 26 per cent, to $2.3 billion in the first nine months of 2024.

The liquidity surge was largely driven by repayments of N521 billion, offsetting paper sales totaling N756 billion ...

Here are the seven top business stories you need to track this week — January 27 to January 31 TINUBU TO FLAG OFF ...

At the heart of FirstGem lies a suite of financial offerings carefully curated to address the specific challenges faced by Nigerian businesswomen. Gone are the rigid requirements and one-size-fits-all ...

Davidson Alaribe, the president of the Institute of Chartered Accountants of Nigeria (ICAN), has commended the NDIC for its ...

The Financial Reporting Council (FRC) has explained that Nigeria has not attained the point of a hyperinflationary economy. The Council, in a press statement signed by its Executive Secretary/Chief ...

Under the directive, nine banks were warned to clear their debts by January 27, 2025, or risk losing access to their USSD ...

Nigeria’s external reserves dropped to $39.991 billion on 23 January, 2025 from $40.035 billion on 20 January, the same year.