Finance

The Central Bank of Nigeria (CBN) has reduced its Monetary Policy Rate (MPR) by 350 basis points, bringing it down to 23 percent from 26.5 percent. The significant rate cut …

Financial inclusion in Nigeria has increased to 79 per cent, with about 94.2 million adults now using at least one financial product or service, according to the latest Access to …

President of Dangote Industries Limited, Aliko Dangote, has said he would prefer not to be described as the richest man in Africa, saying his goal is to be recognised as …

Parents across Nigeria are facing another financial burden as schools reopen, with private institutions increasing tuition fees by between 30 and 40 per cent. Checks by Vanguard showed that families …

Lecturers at Nnamdi Azikiwe University (UNIZIK), Awka, have embarked on an indefinite strike over the non-payment of their full August 2026 salaries. ASUU Orders Immediate Suspension of Work The university’s …

The Nigerian Education Loan Fund (NELFUND) has not yet started recovering loans from beneficiaries, even as its monthly upkeep payments have risen to about ₦16bn. NELFUND Managing Director, Akintunde Sawyerr, …

First Atlantic Bank PLC (FAB) has taken a major step in its regional growth strategy after securing regulatory approval to operate in Liberia. The development marks an important milestone for …

Sahara Power Group has disclosed that it has so far paid the naira equivalent of $438 million in loan repayments, representing about 73 per cent of its original $600 million …

The Bank of Ghana (BoG) has introduced new operational guidelines for International Money Transfer Operators (IMTOs) as part of efforts to tighten oversight of inward remittances, protect foreign exchange inflows, …

Standard Bank has recorded a major milestone in Ethiopia after its Representative Office in the country became the first foreign financial institution to be re-licensed under Ethiopia’s newly revised Banking …