The Sole Arbitrator, Hon. Justice Kumai Bayang Akaahs (Rtd), has delivered a final award in the arbitration between General Hydrocarbons Limited (GHL) and First Bank of Nigeria Limited (FBN), ruling …
Finance
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BankingCorporate ServicesEconomyFinanceNigeriaOil & Gas
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BankingBusinessEconomyFinanceNigeria
Abbey Mortgage Bank Gets ‘A3’ Rating from Agusto & Co., Reflecting Improved Financial Strength
Pan-African credit rating agency, Agusto & Co., has reaffirmed the ‘A3’ rating of Abbey Mortgage Bank with a stable outlook, citing the bank’s low leverage, consistent financial fundamentals, and improved …
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BusinessCyber securityFinanceGovernanceInnovationTechnology
GidiSync Hosts Cybersecurity Roundtable in Lagos
As cyberattacks continue to rise across sectors, GidiSync Solutions, a Nigerian cybersecurity firm, has brought together top industry leaders in Lagos to discuss practical ways to strengthen digital resilience while …
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BusinessCapital MarketEconomyFinanceGOVERNMENTSecurity
FG Lists N260bn Bonds for Subscription in October Auction
The Federal Government, through the Debt Management Office (DMO), has announced the listing of N260 billion worth of Federal Government bonds for subscription in its October 2025 auction. The offer, …
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BusinessEconomyFinanceGovernanceMiningNatural Resources
FG Spends N12.5bn to Retrieve Gold from Artisanal Miners
The Federal Government has spent about N12.5 billion to purchase gold from artisanal and small-scale miners across Nigeria as part of efforts to formalise the sector, reduce smuggling, and strengthen …
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BusinessEconomyEducationFinanceInnovationTechnology
MTN Nigeria Urges Accountants to Embrace Technology and Continuous Learning for Future Relevance
Telecommunications giant MTN Nigeria has called on accountants and finance professionals to embrace emerging technologies and commit to continuous learning to remain competitive in the rapidly evolving digital economy. The …
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BusinessEconomyEnergyFinanceHospitalityINVESTMENT
Transcorp Records 39% Revenue Growth, Posts N413.4bn in Q3 2025
Indigenous conglomerate Transnational Corporation Plc (Transcorp) has reported a strong performance for the third quarter of 2025, recording a 39 per cent increase in revenue to N413.4 billion, up from …
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BusinessCapital MarketCryptocurrencyEconomyFinanceRegulation
SEC Raises Alarm Over Nigerians’ Shift to Cryptocurrency
The Securities and Exchange Commission (SEC) has expressed growing concern over the rising preference of Nigerians for cryptocurrency trading instead of investing in the country’s traditional capital market. The Director-General …
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BankingBusinessCapital MarketEconomyFinanceINVESTMENTNigeria
Nigerian Stock Market Loses N94bn as Investors Take Profit on Blue-Chip Stocks
The Nigerian equities market started the week on a bearish note on Monday, as investors moved to take profits from recent gains in high-capitalisation stocks. The sell-off led to a …
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BankingBusinessCapital MarketEconomyFinanceINVESTMENTNigeria
FCMB Group’s N160bn Public Offer Aims to Build Stronger Financial Base
The Group Chief Executive Officer of FCMB Group Plc, Mr. Ladi Balogun, has said that the company’s ongoing N160 billion public offer will help strengthen its capital base and support …