Nigeria’s Over-The-Counter (OTC) securities exchange operator, NASD Plc, has reported a profit after tax of N212.5 million for the first quarter ended March 31, 2025, marking a strong comeback from …
Banking, Finance & Investment
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- Banking, Finance & InvestmentBusinessEconomyINVESTMENTMarketsNigeria
Fidelity Bank Rejoins N1tn Club as Investors Regain Confidence
Fidelity Bank Plc has returned to the elite group of Nigerian companies with a market capitalisation of over N1 trillion. This came after the bank’s share price rose by 5.3 …
- AgricultureBanking, Finance & InvestmentBusinessEconomyFinance & ServicesNigeria
AFEX, GTBank End N17.8 Billion Debt Battle in Court
AFEX Commodities Exchange Limited and Guaranty Trust Bank (GTBank) have finally settled their long-running legal battle over a debt of N17.8 billion. The two parties reached an agreement after months …
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Nigerian Airlines Struggle to Compete in N8 Trillion International Market Due to Low Capacity
Nigerian airlines are currently missing out on a major opportunity to earn revenue from the international air travel market, which is estimated to be worth over N8 trillion. The main …
- BusinessDevelopmentEconomyGOVERNMENTInternational RelationsINVESTMENTNigeriaPoliciesTrade and Commerce
UK Government Praises Tinubu’s Reforms, Says Nigeria Now Attracting More British Investors
The United Kingdom has expressed strong support for Nigeria’s economic direction under President Bola Ahmed Tinubu, saying that the reforms introduced by his government are building investor confidence and positioning …
- Banking, Finance & InvestmentBusiness InsightsDevelopmentEconomyGOVERNMENTNigeria
World Bank Faults FG’s Cash Transfer Scheme, Says Millions of Poor Nigerians Left Out
The World Bank has raised concerns over the Nigerian government’s Conditional Cash Transfer (CCT) programme, saying it has failed to reach millions of vulnerable citizens it was meant to support. …
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Travel Agents in Crisis as CBN Dollar Policy Clashes with Foreign Airline Demands
Travel agents in Nigeria are facing fresh hurdles as the Central Bank of Nigeria (CBN) enforces a policy limiting dollar withdrawals and transfers to a maximum of $10,000 daily, severely …
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Microfinance Banks Cut Back Innovation Teams Amid Rising Costs – CBK Survey
Microfinance Banks (MFBs) in Kenya are scaling down their dedicated innovation teams more than any other financial institutions, according to the latest Banking Sector Innovation Survey 2024 conducted by the …
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Kenya Earns KSh 60.6 Billion from Apparel Exports to US under AGOA in 2024
Kenya earned KSh 60.6 billion from apparel exports to the United States in 2024 under the Africa Growth and Opportunity Act (AGOA), representing a 19.2% increase from KSh 50.8 billion …
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Industry Leaders to Chart Nigeria’s Energy Future at 2025 NOG Energy Week in Abuja
Top energy industry stakeholders from around the world are expected to converge in Abuja from June 29 to July 3, 2025, for the 24th NOG Energy Week, which is regarded …