The immediate past President of the Chartered Institute of Bankers of Nigeria, Dr Ken Opara, has called for the creation of a specialised court that will handle disputes related to …
BankingBusinessEconomyFinanceMarketsPolicies
Category:
Finance
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BusinessEconomyFinanceInflationMarketsPrivate Sector
Nigerian Private Sector Expands as Inflation Slows, New Orders Hit Three-Month High
Nigeria’s private sector recorded a rise in new orders in November, reaching the highest level in three months as inflationary pressures continued to ease. This is according to the latest …
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BusinessCrimeEconomyFinanceGovernanceRegulation
SEC Moves to Strengthen Fight Against Ponzi Schemes, Targets Promoters Under New Investment Law
The Securities and Exchange Commission has restated its commitment to intensifying the fight against Ponzi schemes in Nigeria, saying it will deepen inter-agency cooperation to identify and prosecute individuals and …
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BusinessDevelopmentEconomyFinanceOil & Gas
Nigeria Records 3.98% GDP Growth in Q3 2025 as OPS Warns Gains Not Yet Felt by Businesses
Nigeria’s economy grew by 3.98 per cent in the third quarter of 2025, showing a slight improvement from the 3.86 per cent recorded in the same period of 2024, according …
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BankingBusinessEconomyFinanceNigeriaSMEs
FCMB Named Nigeria’s Best SME Bank for 2025 as Lending to Small Businesses Rises
First City Monument Bank has been named Nigeria’s Best SME Focused Bank for 2025 by the Chartered Institute of Bankers of Nigeria. The bank received the recognition after emerging as …
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BusinessFinanceInsuranceInternational Markets
Santam’s £300 Million Premium Target for 2026
by Radarr Adminby Radarr AdminSantam, South Africa’s largest short-term insurance company, has received full approval to launch a new underwriting syndicate in the United Kingdom, starting from 1 January 2026. The new entity, known …
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Debt Management,EconomyEnergyFinanceGOVERNMENTInfrastructureOil & GasPolicies
NNPCL Faces N8.07tn Crude-Backed Loan Burden as Debt Repayments
The Nigerian National Petroleum Company Limited is currently weighed down by crude-backed loan obligations estimated at N8.07tn, based on a detailed review of its 2024 financial statements and capital-commitment records. …
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BankingEconomyFinanceNigeria
FairMoney MFB Gets Rating Upgrade as GCR Backs Strong Growth, Technology and Risk Management
Global Credit Ratings has upgraded the national scale issuer ratings of FairMoney Microfinance Bank, reflecting the institution’s growing strength and stability within Nigeria’s competitive microlending market. In its latest assessment, …
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BusinessCurrencyEconomyFinanceForex TradingNigeria
Naira Strengthens as CBN Reforms Boost Investor Confidence
The naira recorded a stronger performance in the past week as it closed at N1,446.74 per dollar at the official market, showing a 0.69 per cent rise compared to the …
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Corporate ServicesDevelopmentEconomyEducationFinanceGovernanceNigeria
ICAN Inducts Over 2,000 New Members, Expands Professional Community to Nearly 70,000
The Institute of Chartered Accountants of Nigeria on Wednesday welcomed more than 2,000 new members into its fold during an induction ceremony held at the ICAN Centre in Lagos. The …