Nigeria has been removed from the European Union’s list of high-risk jurisdictions, a development expected to ease trade, payment processes […]
Category: Economy
SEC announces new Minimum Capital requirement for Capital market operators
The Securities and Exchange Commission (SEC) increased the minimum capital requirements for all categories of capital market operators in the country (CMOs). […]
11 ships laden with diesel, fresh fish arrive Lagos ports
A total of 11 ships have arrived Apapa, Tincan and Lekki ports in Lagos, waiting to discharge fresh fish, diesel, […]
Technology enabled banking, key to Nigeria’s $1tn GDP target – FairMoney MD
Mr Henry Obiekea, Managing Director, FairMoney Microfinance Bank, on Tuesday said that technology-enabled banking helped to push formal financial inclusion […]
Champion Breweries secures SEC approval for N42bn public offer
Champion Breweries Plc has secured approval from the Securities and Exchange Commission to raise ₦42 billion through a public offer […]
UBA surpasses N500bn capital mark after N178bn rights raise
United Bank for Africa (UBA) has successfully raised N178.3 billion through a rights issue, pushing its capital base above the N500 […]
Cashew Industry can generate $10bn annually – Association
The President of the National Cashew Association of Nigeria (NCAN), Dr Ojo Ajanaku, has said Nigeria could earn $10 billion […]
Seme customs generates N15.6bn in 2025
The Seme Area Command of Nigeria Customs Service (NCS) says it generated the sum of ₦15,598,945,794.00 in revenue in 2025, […]
Guinness replaces United Capital on NGX index
Guinness Nigeria has replaced United Capital Plc on the Nigerian Exchange Limited (NGX) 30 index. The NGX made this known […]
CBN forecasts inflation slowdown to 12.94% in 2026
The Central Bank of Nigeria (CBN) says inflation in the country is expected to drop to an average of 12.94 […]