Browsing Category
Business
Money supply hits record ₦119tn in April 2025
Nigeria’s broad money supply surged to an all-time high of ₦119.11 trillion in April 2025, marking one of the sharpest monthly…
SEC urges Nigerians to avoid Ponzi Investments
The Securities and Exchange Commission (SEC) has raised renewed concerns over Nigerians’ persistent interest in Ponzi schemes,…
JUST IN: AfDB elects new president as Nigeria’s Adesina bows out…
The African Development Bank (AfDB) Group has elected Sidi Ould Tah of Mauritania as its new president.
Tah was elected on…
UBA ranked strongest Nigerian brand in 2025
Brand Finance, a UK-based brand valuation consultancy has ranked the United Bank for Africa (UBA) as the strongest Nigerian brand…
Naira appreciates to N1,615/$ in parallel market
The naira appreciated on Wednesday, trading at N1,615 per dollar in the parallel market, an improvement from N1,620 per dollar…
Our reforms positioning Naira as competitive currency – CBN Governor
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said Nigeria’s naira is now competitive.
Cardoso spoke while…
Lagos seals 21 money lending companies for infractions
Lagos state government has sealed the offices of 21 money lending companies in the state for infractions.
This was disclosed by…
“We’re not bankrupt,” Fidelity Bank petitions s’court…
Fidelity Bank Plc has denied being bankrupt, stressing its capacity to discharge its legal obligations.
On Monday, a report had…
Nigeria’s digital economy attracted $191m FDI in Q1 2024 – FG
The Federal Government has said the nation's digital economy sector recorded $191 million Foreign Direct Investment (FDI) in the…
China mulls establishment of electric vehicle factories in Nigeria
Chinese ambassador to Nigeria, Yu Dunhai has said plans are underway to establish electric vehicle factories and other…