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United Bank for Africa (UBA), one of Nigeria’s leading lenders, has announced that it has signed a Memorandum of Understanding (MoU) worth $6 billion with the...
By Sodiq Adelakun Starting from March 1, 2024, individuals holding Tier-1 bank accounts and wallets in Nigeria will be required to have either the Bank Verification...
By Sodiq Adelakun In October, FMDQ Exchange reported a total secondary market turnover of N21.70 trillion, a decrease of 6.75 percent (N1.57 trillion) from the previous...
The former President of the Association of Issuing Houses of Nigeria, Ike Chioke, has stated that the currency reforms implemented by the Central Bank of Nigeria...
The Director General/CEO of SMEDAN, Charles Odili, has highlighted the significant contributions of small and medium enterprises (SMEs) to the Nigerian economy. According to Odili, SMEs...
By Sodiq Adelakun In a significant announcement on Wednesday, the Central Bank of Nigeria (CBN) has instructed all Nigerian banks and citizens to recognise both old...
FCMB Group Plc has announced a significant 108 percent increase in its pre-tax profit for the nine months ending September 2023, reaching an impressive N55.1 billion. ...
The African Development Bank Group (AfDB), a multilateral development finance institution, has approved an $80 million loan to finance the Ekiti Knowledge Zone project in Nigeria....
By Sodiq Adelakun Amidst ongoing conversations about a fresh round of recapitalisation, the Central Bank of Nigeria (CBN) has released a statement affirming the robustness of...
In a significant report released by the World Economic Forum (WEF) in partnership with Accenture, an estimated $13.5 trillion investment has been deemed necessary to decarbonize...
