United Capital Group (UCAP) has announced the launch of Nigeria’s first digital MicroFinance Bank, marking a significant step toward bridging the financial inclusion gap and expanding access to financial services across the country. The new institution, UCEE Microfinance Bank, is…
By Esther Agbo Nigeria’s foreign exchange reserves have experienced a notable decrease, shedding $342.97 million in just nine days, according to the latest data released by the Central Bank of Nigeria (CBN) recently. The reserves now stand at $36.53 billion,…
Babatunde Opoola , Abuja. The Supreme Court on Monday refused an application filed by the candidate of the Social Democratic Party (SDP) in the last governorship election in Kogi State, Yakubu Muritala Ajaka urging the court to await the outcome…
Former Governor of Ogun State, Aremo Olusegun Osoba, has urged naysayers and oppositions against Governor Dapo Abiodun’s urban housing projects to pack and leave the state. Aremo Osoba made this known at the inauguration of the newly installed dual electronic…
By Esther Agbo Union Bank of Nigeria, under the leadership of its Managing Director and CEO, Yetunde Oni, has announced the commencement of a strategic recapitalisation process. This move comes as part of a broader effort to enhance the bank’s…
By Esther Agbo In a bid to bolster Nigeria’s capital market and support the Federal Government’s ambitious $1 trillion economy target, the Securities and Exchange Commission (SEC) has intensified efforts to attract more companies to list on the Nigerian Exchange.…
By Seun Ibiyemi Following the release of the aircraft, which was one of the three presidential jets, the Presidency has confirmed the acquisition of a new Airbus A330 to replace the 19-year-old Boeing B737-700 (BBJ). The previous jet, which had…
…Harps on regional cooperation in fight against corruption …Donates office building to NACIWA for permanent HQ President Bola Tinubu has called on ECOWAS member states to prioritise the creation of transparent and efficient governance structures in order to combat corruption…
By Seun Ibiyemi The Federal Government has revealed that it will commence selling crude oil to the Dangote Refinery in naira starting from October 1, 2024. This decision was made known by the Minister of Finance, Wale Edun during a…
…Declares N2.1trn dividend …Targets 2mbpd Crude Oil Production by Dec 2024 …Appeals for calm amid fuel scarcity The Nigerian National Petroleum Company Limited (NNPC Ltd.) has declared a net profit of N3.3 trillion at the close of the financial year…
