Economy News
Nigeria’s latest $2.3 billion Eurobond issuance has reignited debate over the country’s rising debt costs, as Ugodre Obi-Chukwu, Founder and Chief Executive Officer of...
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Financialslot
- Bank
FCMB Posts N200.91bn Pre-Tax Profit in 2025 Results on Strong Interest Income
Moniepoint MFB Processes N412 Trillion Transactions in 2025, Disburses Over N1 Trillion in SME Loans
CBN Urges Nigerian Banks to Act Faster Against Emerging Fraud Threats
CBN auctions N1.15 trillion Treasury Bills amid liquidity surge and rate uncertainty
Microfinance Banks’ Non-Financial Assets Hit Record ₦358.79bn as Sector Balance Sheets Expand
- Business
EFCC Witness Alleges Ngige Awarded N80 Million NSITF Contract Outside Bidding
CBN Approves Temporary Use of Expired NAFDAC Licences for Imports Until February 28
Court Orders Forfeiture of Orlean Invest Jet Over Unpaid N1.04 Billion Customs Duty
Soludo Orders One-Week Closure of Onitsha Main Market Over Continued Sit-at-Home
TikTok Star Khaby Lame Secures $900 Million Commercial Acquisition Deal
- Cryptocurrency
Morgan Stanley moves to launch Bitcoin and Solana ETFs as Wall Street deepens crypto exposure
MEXC Partners with ether.fi to Launch Enhanced Payment Card Offering Up to 4% Cashback and Global Crypto Spending
Crypto Thefts Surge to $3.4 Billion in 2025 as North Korea Dominates Global Attacks
Ghana Parliament Legalises Cryptocurrency as Lawmakers Move to Regulate a Market with Nearly 3 Million Users
CBN–SEC Collaboration Crucial for Effective Crypto Regulation in Nigeria — Okonkwo
- Finance
FAAN Raises Cargo Port Charges to N20 from N7, Effective Immediately
PayPal’s Return Sparks Boycott Calls and Mixed Reactions Among Nigerians
FGN Bond Auction Overshoots N900bn Offer, Allots N1.54trn in January 2026
Currency Outside Nigeria’s Banking System Hits Record N5.4 Trillion at End of 2025
Nigerian Financial Market Liquidity Rises to N2.78 Trillion Despite Central Bank Tightening
- Fintech
SnappyPay Launches in Nigeria After Extensive User Testing, Targets Faster Digital Payments
Bazara Tech Launches Manovar, an AI-Driven Corporate Banking Platform Transforming Enterprise Financial Services in Africa
Why Flexible Payments Are Set to Shape Nigeria’s Black Friday Performance This Year
UAE Launches $1 Billion Artificial Intelligence Initiative to Transform Government Services Across Africa
World Bank Deploys Blockchain-Powered FundsChain System to Strengthen Transparency in Nigeria’s Project Financing
- Health
Avon Medical Invests N200 Million in Advanced ICU to Strengthen Critical-Care Services in Nigeria
United States Commits $2 Billion in Health Grants to Nigeria for 2026–2030
Gombe State Commits N500 Million to Combat Rising Child Malnutrition Through RUTF Programme
Lagos Eyes N400 Billion in Annual Healthcare Funding Through Expanded Insurance Coverage
FG to Release ₦11.99 Billion Within 72 Hours to Settle Doctors’ Outstanding Arrears
- Insurance
NDIC Warns Mandatory Fiscal Deductions Are Weakening Deposit Insurance Fund
IEI Plc Targets N22 Billion Capital Raise as It Enters New Growth Phase Amid Leadership Transition
‘N98 Billion Probe’: Speaker Abbas Seeks Dismissal of Insurers’ CEOs’ Restraining Suit
NEM Insurance Reports ₦75.41 Billion Revenue in Q2 2025 as Nigerian Insurance Sector Hits ₦1.2 Trillion Milestone
Customers Applaud NEM Insurance for Excellent Service, Prompt Claims, and Reliability
- Law
FCCPC Sets January 5, 2026 Deadline for Mandatory Compliance With New Digital Lending Regulations
Receivership Battle: Nestoil Sues Eight Nigerian Banks and Afreximbank to Halt Asset Takeover
PETROAN Warns Against Monopoly Risk as 15% Fuel Import Duty Takes Effect
Maj. Gen. Waidi Shaibu: Nigeria’s Newly Appointed Chief of Army Staff
Speaker Abbas urges Algeria to adopt visa-free policy for Nigerians to enhance trade, education, and research ties
- Tax
Lagos to Seize Unpaid Taxes Directly from Banks, Third Parties Under New Tax Law
KPMG Says Tax Reforms Newsletter Was Meant to Aid Clarity, Not Criticise Government Policy
Nigerian Tax Act 2025 Removes VAT on Gaming Stakes, Clarifies Tax Treatment for Betting Operators
New Tax Laws Clarified: Only Income Is Taxable, Not Bank Inflows — Analyst
House Releases Certified Copies of Four Tax Reform Acts to Quell Controversy and Restore Confidence
Companies
Prestige Assurance Plc has released its unaudited full-year 2025 financial results, showing a sharp deterioration in profitability despite solid growth in premiums and insurance...
Equities
The Nigerian Exchange closed slightly lower on Friday, January 30, 2026, with the All-Share Index (ASI) declining by 0.09% to settle at 165,370.4 points,...
Energy
The African Development Bank (AfDB) has approved a $3.9 million, two-year technical assistance project to support Nigeria and 12 other African countries in implementing...
Companies
First HoldCo Plc has released its unaudited financial results for the year ended December 31, 2025, reporting a 4.8% year-on-year increase in gross earnings...
Court
A prosecution witness in the trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has told a Federal Capital Territory High Court...
Bank
Nigeria’s banking system entered November awash with liquidity as commercial banks significantly increased their cash deposits with the Central Bank of Nigeria (CBN), signaling...
Economy News
The Nigerian Naira ended the week on a slightly weaker note against the U.S. dollar, closing at ₦1,438.5/$1 at the official foreign exchange market...
Fintech
A new investigative report has revealed that Meta Platforms Inc., the parent company of Facebook, Instagram, and WhatsApp, earns an estimated $7 billion annually...
Economy News
Ghana’s inflation rate continued its remarkable decline, falling for the tenth consecutive month to 8.0% year-on-year in October 2025, from 9.4% in September. This...
Business
Berger Paints Nigeria Plc has announced an interim dividend of 40 kobo per 50 kobo ordinary share, rewarding shareholders for a strong financial performance...
Finance
Zeenab Foods Limited, one of Nigeria’s foremost agro-allied and food processing companies, has reaffirmed its market strength and investor credibility with the successful completion...
Finance
The Impact Investors Foundation (IIF) has revealed that Lagos State and Nigeria’s Southwest region collectively attract more than 65% of all private capital inflows...
Scholarships / Financial Aid
The Federal University of Technology, Akure (FUTA) has received a ₦1 billion grant from the Federal Government to scale up its commercial agriculture project...
Finance
In a resounding return to the global debt markets, Nigeria has successfully raised $2.35 billion through a dual-tranche Eurobond issuance that drew unprecedented investor...