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 …
Finance & Services
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Banking, Finance & InvestmentBusinessBusiness InsightsFinance & ServicesGOVERNMENTLeadershipNigeria
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesINVESTMENTMarketsNigeriaTrade and Commerce
Nigerian Stock Market Gains N1.71tn in One Week as Investor Confidence Grows
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 …
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BusinessEconomyFinance & ServicesInnovationINVESTMENTNigeria
Access ARM Pensions Reports N28.2bn Revenue in 2024, Eyes Stronger 2025 Performance Post-Merger
Access ARM Pensions has announced robust full-year results for 2024, more than doubling its revenue to ₦28.2 billion, up from ₦12.3 billion in 2023. The company also recorded a 164% …
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EconomyFinance & ServicesGOVERNMENTLabourTechnology
Nigeria’s Pension Fund Hits N23.33tn in Q1 2025 as Regulator Pushes for Informal Sector Inclusion
Nigeria’s pension assets have grown to N23.33 trillion at the end of the first quarter of 2025, showing a 19 per cent year-on-year increase. This is based on the latest …
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EconomyFinance & ServicesGOVERNMENTINVESTMENTNigeriaPolicies
Analysts Warn Nigeria’s Rising Foreign Debt Could Undermine Economic Stability
Financial analysts have expressed growing concern over Nigeria’s increasing reliance on external borrowing, warning that the rapid accumulation of debt without commensurate revenue growth could deepen the country’s fiscal vulnerabilities …
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Banking, Finance & InvestmentEconomyFinance & ServicesINVESTMENTMarketsNigeria
Nigerian Stock Market Hits New Heights as Investor Confidence Soars, Adds ₦1.7 Trillion in One Week
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 …
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DevelopmentEconomyFinance & ServicesINVESTMENT
DBN Disburses Over N1 Trillion to MSMEs, Supports 1.2 Million Jobs Nationwide — Okpanachi
The Development Bank of Nigeria (DBN) has disclosed that it has disbursed over ₦1 trillion to Micro, Small, and Medium Enterprises (MSMEs) across the country, a milestone that has directly …
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Arts & CultureBusinessEconomyFinance & ServicesNigeriaTravel & Tourism
FCMB Reaffirms Support for Ojude Oba Festival, Pledges Deeper Community and Economic Engagement
FCMB Group Plc has reiterated its unwavering support for the Ojude Oba Festival, describing the annual celebration as a vital cultural and economic asset that strengthens social bonds, promotes heritage, …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesINVESTMENTTechnology
Coronation Merchant Bank Records 303% Profit Surge in 2024, Citing Strategic Repositioning and Value Creation
Coronation Merchant Bank has posted a remarkable 303 per cent rise in Profit After Tax (PAT) for the 2024 financial year, attributing the leap to deliberate strategic repositioning, operational discipline, …
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Banking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTMarketsPoliciesSouth Africa
South African Rand Holds Ground as Central Bank Pushes for Lower Inflation Target
The South African rand managed to hold on to most of its gains from the previous day during early trading on Friday, May 30, 2025, following fresh comments from the …