Investors in MTN Nigeria Communications Plc have recorded massive profits after the company’s share price rose sharply on the Nigerian Exchange (NGX), pushing its market value up by about N3 …
Finance & Services
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EconomyFinance & ServicesINVESTMENTMarketsMobile Telecommunications Network (MTN)NewsNigeriaTelecommunications
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Banking, Finance & InvestmentEconomyEnergyFinance & ServicesGOVERNMENTINVESTMENTPolicies
Nigeria’s Eurobond Yields Drop to Two-Month Low as Oil Prices Rise
Yields on Nigeria’s Eurobonds have fallen to their lowest point in two months, following a rise in global oil prices and renewed confidence from international investors. This development is seen …
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Digital EconomyEconomyFinance & ServicesInfrastructureINVESTMENTTrade and Commerce
AfCFTA Targets $712 Billion Digital Trade Market
Africa is preparing to enter a new phase of digital transformation through the African Continental Free Trade Area (AfCFTA), aiming to access a digital trade market worth $712 billion by …
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AfricaAFRICA NEWSBanking, Finance & InvestmentCrimeFinance & ServicesNewsSouth Africa
HBZ Bank, Citibank, and Bank of Taiwan Sanctioned in South Africa
The Prudential Authority, which operates under the South African Reserve Bank (SARB), has issued administrative sanctions against HBZ Bank Limited, Citibank, and the Bank of Taiwan for failing to comply …
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AfricaAFRICA NEWSBanking, Finance & InvestmentBusinessBusiness and EconomyBusiness PoliciesDevelopmentEconomyFinance & ServicesMALAWINews
FDH Bank’s Islamic Banking Records Big Growth, Goes Nationwide in Malawi
FDH Bank plc has announced major success with its Salama Banking product, Malawi’s first Islamic banking window, just one year after its launch. According to the bank, the service has …
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The National Insurance Commission (NAICOM) has welcomed a high-level delegation from the Central Bank of The Gambia as part of efforts to deepen regulatory collaboration and improve knowledge sharing in …
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EconomyFinance & ServicesGOVERNMENTInfrastructurePolitics
Senate, Reps Extend 2024 Capital Budget to December 2025 Amid Criticism
For the second time this year, Nigeria’s Senate and House of Representatives have approved an extension of the capital component of the 2024 national budget to December 31, 2025. The …
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BusinessEconomyFinance & ServicesGOVERNMENTHealthcare
Neimeth Grows Revenue by 103%, Shareholders Commend Turnaround at 66th AGM
Neimeth International Pharmaceuticals Plc has announced a major leap in its 2024 financial year performance, recording a 103 per cent increase in revenue. The development was revealed during the company’s …
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Banking, Finance & InvestmentDevelopmentEconomyEnvironmentFinance & ServicesGOVERNMENT
Bank of Industry Launches Sustainable Finance Framework to Boost Inclusive and Climate-Resilient Growth
The Bank of Industry (BOI) has launched a Sustainable Finance Framework aimed at supporting inclusive, climate-resilient economic growth in Nigeria. This new initiative is a key part of the bank’s …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesGOVERNMENT
Access Holdings Ranked Top in Asset Quality
Access Holdings Plc has emerged as the Tier 1 bank with the best asset quality in Nigeria, according to the recently released Proshare 2025 Tier 1 Banking Report. The financial …