The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has assured that the Federal Government will maintain open consultation with business leaders and stakeholders ahead of …
Finance
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BusinessEconomyFinanceGovernanceSMEsTaxation
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EconomyFinanceINVESTMENTRegulation
Non-Interest Pension Fund Records Highest Growth, Surges 157% in One Year
The Non-Interest Fund (Fund VI) under the multi-fund structure of Nigeria’s Contributory Pension Scheme has recorded the highest year-on-year growth rate as of August 2025, highlighting the rising popularity of …
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BusinessDevelopmentEconomyFinanceSMEsWomen Empowerment
Stakeholders Push for Sustainable SME Growth at 2025 EDC Conference in Lagos
Stakeholders from the Enterprise Development Centre (EDC), Keystone Bank, MasterCard Foundation, and Tripoint Academy have called on small and medium enterprises (SMEs) in Nigeria to embrace sustainable and impact-driven growth …
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BusinessEconomyFinanceGOVERNMENTINVESTMENTManufacturing
MAN Applauds Nigeria’s Removal from FATF Grey List, Says Move to Boost Manufacturing Sector
The Manufacturers Association of Nigeria (MAN) has commended the removal of Nigeria from the Financial Action Task Force (FATF) grey list, describing it as a major boost for the country’s …
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BankingCorporate EarningsEconomyFinanceStock Market
GTCO Records N299.9bn Profit Before Tax in Q3 2025
Guaranty Trust Holding Company Plc (GTCO) has released its unaudited financial results for the third quarter of 2025, showing a strong rebound in profitability across its banking and non-banking businesses. …
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BusinessCapital MarketEconomyFinanceGovernment PolicyTaxation
FIRS Orders Banks and Financial Institutions to Deduct 10% Withholding Tax on Treasury Bills
The Federal Inland Revenue Service (FIRS) has directed banks, stockbrokers, and other financial institutions in Nigeria to begin deducting a 10 per cent withholding tax on interest earned from short-term …
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BankingCorporate ServicesEconomyFinanceNigeriaOil & Gas
Tribunal Dismisses General Hydrocarbons’ $718m Claim Against First Bank
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 …
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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, …