National Insurance Commission (NAICOM) has officially granted a Partnering Insurtech licence to NETAPPS at a formal ceremony, reinforcing the Commission’s commitment to leveraging digital innovation to...
Zenith Bank Plc has expanded its presence in Delta State with the official opening of a new branch in Osubi, Okpe Local Government Area, becoming the...
ECOWAS Bank for Investment and Development (EBID) is pleased to announce the entry of the African Development Bank Group (AfDB) into its shareholding, marking a major...
International Monetary Fund has said that Nigeria received about $59 billion in crypto-asset inflows between July 2023 and June 2024. “It ranked second globally on Chainalysis’s...
The National Insurance Commission (NAICOM) has formally transferred operational control of African Alliance Insurance Plc to a newly constituted Board nominated by the company’s shareholders, following...
The launch of SpaceX shares has cemented Musk’s status as the world’s first trillionaire. Shares of SpaceX hit the open stock market just before noon eastern...
First Bank of Nigeria Limited’s capital adequacy ratio (CAR) fell below the Central Bank of Nigeria (CBN) benchmark in Q1 2026, a regulatory breach that analysts...
The National Insurance Commission (NAICOM) has appointed global professional services firm Ernst & Young (EY) as Consulting Actuary for the finalization and implementation of Nigeria’s Risk-Based...
The Board of Directors of the African Development Bank Group has approved, on 22 May, a $125 million equity investment in the African Trade and Investment...
Ecobank Group has launched the world’s first ICMA commercial bank-issued Nature Bond on the London Stock Exchange, creating a new route for international and African capital...
The Central Bank of Nigeria (CBN) is set to confront renewed liquidity management pressures in June 2026 as Nigeria’s financial system is projected to receive N10.90...
Guaranty Trust Bank Limited said it has set a $20,000 quarterly spending limit on its naira debit card. The bank said in its daily FX rate...
The AfDB said the continent required huge investments in infrastructure, energy, food security, climate adaptation and job creation. The African Development Bank (AfDB) Group says it...
African Export-Import Bank and its subsidiaries has posted a 25 per cent growth in net income in the first quarter of 2026. The results demonstrate continued...
The banking system’s excess liquidity surged as the monetary authority maintained its stance of economic tightening while seeking to tame Nigeria’s double-digit headline inflation. While there...