African Development Bank (AfDB) has said that Africa can mobilise up to $1.43 trillion annually from domestic resources with the right policy and institutional reforms. Kevin...
African Corporates will have a unique opportunity to learn how to fully maximize the benefits of the African Continental Free Trade Area (AfCFTA) when the third...
Pan-African lender Ecobank is in talks with Bank of China to launch a direct local-currency-to-yuan settlement product for its customers by year end, its group CEO...
Central Bank of Nigeria (CBN), in collaboration with the Financial Markets Dealers Association (FMDA), has introduce the Nigerian Overnight Financing Rate (NOFR), a standardized benchmark aimed...
Finance and economy minister Wale Edun has said that Nigeria has no immediate plans to approach the International Monetary Fund for financial assistance. Mr Edun stated...
Africa’s leading multilateral insurer of trade risk is seeking around $500 million in capital from partners to support countries that face higher costs as a result...
The fourth quarter of 2025 saw impressive growth in the Nigerian insurance sector, with gross premiums reaching N2.301 billion. This is according to a report released...
The Central Bank of Nigeria (CBN) says strong governance and risk discipline are critical to the success of Nigeria’s ongoing bank recapitalisation programme. Dr Blaise Ijebor,...
Wema Bank Plc has reported profit before tax of N221.85 billion in the 2025 financial year, representing a 116 per cent increase compared with N102.51 billion...
The Central Bank of Nigeria has plans to recapitalise and restructure development finance institutions (DFIs) as part of efforts to address a widening financing gap facing...
Ministry of Solid Minerals Development will continue its technical and regulatory oversight. Nigeria Revenue Service (NRS) announced on Friday that it has taken over the collection...
Central Bank of Nigeria (CBN) has said that 33 banks have met the revised minimum capital requirements established under the recapitalization programme. It said “A limited...
Centre for Promotion of Private Enterprises, CPPE, has expressed concern on the CBN not focussing on linking banks lending to the real economy. He said that...
FirstBank, has said its SMEConnect Webinar is scheduled to hold on Tuesday, 31 March 2026. The event will equip small and medium-sized enterprises (SMEs) with the...
The National Bureau of Statistics says total capital importation in Nigeria stood at $6.4 million in quarter four 2025. The NBS said in its Nigeria Capital...