Sterling Financial Holdings Company Plc has announced a 44.1 per cent rise in gross earnings to ₦341.7 billion for the nine months ending September 2025, compared to ₦237.2 billion recorded …
Finance
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BankingCapital MarketCorporate EarningsEconomyFinanceINVESTMENTNigeria
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BankingBusinessEconomyFinanceINVESTMENTRegulation
Standard Chartered Meets CBN’s N200bn Capital Requirement Ahead of 2026 Deadline
Standard Chartered Bank Nigeria Limited has announced that it has successfully met the Central Bank of Nigeria’s (CBN) new minimum capital requirement of ₦200 billion for national commercial banks, well …
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BusinessDevelopmentDiasporaEconomyFinanceINVESTMENT
FG, NiDCOM, and Banks Launch New Drive to Harness $20bn Diaspora Remittances for Economic Growth
The Federal Government has launched a renewed effort to channel over $20 billion in annual diaspora remittances into productive investments aimed at accelerating Nigeria’s economic growth and national development. The …
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BusinessDevelopmentEconomyFinanceGovernance
Experts Advocate Turnaround Management to Revive Nigeria’s Moribund Assets
Experts have urged both the government and private sector players to embrace turnaround management as a key tool for reviving moribund assets and driving Nigeria’s economic recovery. This call was …
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BusinessEconomyFinanceGovernanceSMEsTaxation
FG to Begin New Tax Acts in 2026, Promises Broad Consultation with Businesses – Edun
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 …
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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 …