The Nigerian equities market closed on a marginally bullish note, with the benchmark All-Share Index (ASI) edging up by 0.01%, bringing its year-to-date (YTD) return to...
Global financial messaging network Swift launched a blockchain-based shared ledger on Thursday with an initial set of 17 banks including Citi and HSBC, as part of...
The Central Bank of Nigeria (CBN) has advised Nigerians to stop the rejection of the standard ₦100 banknote. In a statement signed by Ag. Director of...
\Tony Elumelu, the Chairman of UBA Group, is to retire from the Board of Directors of the bank on August 21, 2026. The bank has appointed...
Tokenization is often described as a technological upgrade enabling faster settlement, cheaper payments, and programmable assets. But it is a lot more. When financial assets...
Central Bank of Nigeria (CBN) has revoked the operating licenses of forty-six (46) Microfinance Banks with effect from July 1, 2026, in accordance with its powers...
Debt Management Office (DMO) has unveiled its plan to borrow about N4 trillion (FGN Bond auction plan) for the third quarter (Q3) of 2026, covering three...
Zenith Bank Plc reaffirmed its commitment to advancing trade, investment and economic cooperation between Canada and Africa as the Headline Conference Sponsor of the 6th Canada-Africa...
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...