Banking, Finance & Investment

Nigeria’s real estate sector is facing a critical period marked by both serious challenges and emerging opportunities, according to a new report released by Ubosi Eleh and Company, an estate …

Seven big Nigerian banks have reported a combined ₦18.82 trillion in restricted deposits with the Central Bank of Nigeria (CBN) as at March 31, 2025. This is a 7.3 percent …

The Chartered Risk Management Institute of Nigeria (CRMI) has applauded the appointment of its outgoing President and Chairman of the Governing Council, Professor Ezekiel Oseni, as Executive Director for Risk …

Global credit rating agency, Moody’s Ratings, has upgraded Nigeria’s long-term foreign and local currency issuer ratings from Caa1 to B3, citing improved transparency in the country’s foreign exchange system and …

The Association of Bureau De Change Operators of Nigeria (ABCON) has raised serious concerns about the impact of the Central Bank of Nigeria’s (CBN) new capital requirements for Bureau De …

Parallex Bank Limited has announced the appointment of Mrs Rachel Akhuetie as a Non-Executive Director and member of its Board of Directors, adding significant depth to the bank’s leadership with …

The Nigerian Exchange Limited (NGX) ended the past trading week on a bullish note, recording a sharp rise in investor sentiment that led to a N1.71 trillion boost in market …

The Federal Government of Nigeria has announced a major housing initiative aimed at reducing the country’s housing deficit. Under President Bola Ahmed Tinubu’s Renewed Hope Agenda, the government plans to …

The Nigerian equities market continued its impressive rally last week, gaining ₦1.7 trillion in market capitalisation as renewed investor confidence and solid macroeconomic fundamentals fueled strong buying activity. The market’s …

Many African countries are now giving more attention to improving education and national development as a way to grow their economies and bring in more investors. In a recent episode …