News

Zenith Bank Plc has hit a market capitalisation of N3 trillion, making it the second most capitalised bank, after CGTOC on the Nigerian Exchange Limited.
Stanbic IBTC Bank has announced that it has hit the N200 billion recapitalisation target set by the Central Bank of Nigeria ...
But the Bank for International Settlements, the umbrella body for central banks, last month warned that the unchecked rise of stablecoins could threaten the public’s trust in money, imperil monetary ...
The Naira continued its downward trend this week and currently trades at N1,555/$1 on the parallel market on Wednesday, according to ...
The amount paid by top Nigerian banks to these two government institutions has increased by 34% within one year, and now account for 24% of profit before tax.
The Central Bank of Nigeria has given lenders until the end of the week to submit plans to address capital shortfalls and ...
The Central Bank of Nigeria (CBN) has commenced the sale of Treasury Bills, (TBs) to raise N1.76 trillion in the third ...
Nigeria’s economic potential is vast—it is home to over 220 million people, a growing tech sector, abundant natural resources ...
The lawmakers wondered why Nigerians lose money to Ponzi schemes despite existing regulatory bodies such as the Securities ...
Nigeria’s currency, the Naira, witnessed a mixed performance on Tuesday, appreciating in the parallel market while experiencing a slight decline at the Nigerian Foreign Exchange Market (NFEM). Naija ...
Increasing revenues, establishing an effective budget framework, and scaling up the cash transfer system can all support ...
Nigeria’s former president, Muhammadu Buhari, who died in London on 13 July aged 82, was one of two former military heads of state who were later elected as civilian presidents. Buhari was the ...