The Central Bank of Nigeria (CBN) plans to auction N3.95 trillion in Treasury Bills (NTBs) in the second quarter of […]
Category: Economy
Wema Bank 2025 audited profit hits N221.8 billion on loans, investments
Wema Bank Plc has reported a profit before tax of N221.8 billion in its audited 2025 financial statements, compared to the unaudited figure of […]
Paymentology Partners With Bank Zero to Accelerate Digital Banking Innovation in South Africa
Paymentology, the leading global issuer-processor, announced a new partnership with Bank Zero to accelerate access to modern digital banking in South Africa. As […]
Berger Paints records N2.4 billion audited profit for 2025, declares final dividend
Berger Paints has released its audited 2025 financials on the Nigerian Exchange, posting a pretax profit of N2.4 billion, marking a 116.43% […]
Africa Prudential grows revenue by 38% to N7.19bn in 2025
Africa Prudential Plc has reported a 38.35 per cent increase in revenue to N7.19 billion for the financial year ended […]
Thunes Enables Stablecoin and Local Wallet Payments for Global Workforce Compensation
Thunes, the Smart Superhighway to move money around the world, has launched a direct-to-workforce cross-border payout solution that allows businesses to […]
Islamic banking gaining wider acceptance, supporting inclusion – SEC Chairman
THE Chairman of the Securities and Exchange Commission (SEC), Aliyu Katuka, says non-interest banking is gaining wider acceptance in Nigeria, […]
Stock market extends gains by 0.11%
The Nigerian stock market extended its bullish rally on Wednesday, rising by 0.11 per cent as investors gained N141 billion. […]
NGX launches two new product offerings to deepen derivatives market
The Nigerian Exchange Group (NGX Group) has launched two new index futures contracts, NGX30U6 and NGXPENSIONU6, as part of efforts […]
Nomba introduces global payout API to simplify international transfers
Nomba has shed light on the operational challenges facing cross-border payment businesses in Nigeria, highlighting structural inefficiencies that continue to impact […]