Nearly one year after South Africa’s Government of National Unity (GNU) was formed, many citizens and political observers are asking the same question: has this historic political partnership achieved its …
investor confidence
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ASO Savings & Loans Reports N89 Million Profit in 2023, Grows Lending Portfolio Despite High Expenses
The Chief Executive Officer of Winhomes Global Services Limited, Mrs Stella Okengwu, has replied the Minister of Works, Engr David Umahi, over comments made about her company’s tax status and …
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EconomyFinance & ServicesGlobal NewsINVESTMENTMarketsSecurity
Nigeria’s SEC Sets November 2025 for Shift to T+2 Settlement Cycle in Equities Market
The Securities and Exchange Commission (SEC) has officially announced that the Nigerian capital market will adopt a T+2 settlement cycle for all equities transactions, starting November 28, 2025. This marks …
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BusinessEconomyFinance & ServicesGOVERNMENTMarketsPoliciesPolitics
Naira Gains Ground Against Dollar as CBN Holds Interest Rate Steady
The Nigerian naira has shown consistent strength against the US dollar throughout the week, culminating in a notable appreciation on Friday, May 23, 2025.Data from the Central Bank of Nigeria …
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Banking, Finance & InvestmentINVESTMENTLeadershipMarketsNigeria
Fidelity Bank CEO Buys Over N760m Shares, Reaffirms Confidence Amid Legal Scrutiny
The Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr Nneka Onyeali-Ikpe, has continued to demonstrate her confidence in the financial institution by acquiring more than N760 million …
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Banking, Finance & InvestmentBusinessEconomyINVESTMENTMarketsNigeria
Fidelity Bank Rejoins N1tn Club as Investors Regain Confidence
Fidelity Bank Plc has returned to the elite group of Nigerian companies with a market capitalisation of over N1 trillion. This came after the bank’s share price rose by 5.3 …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesINVESTMENTNigeriaTrade and CommerceWestern Africa
Rand Merchant Bank Supports Tinubu’s Reforms, Predicts Stronger West African Trade
Rand Merchant Bank Nigeria has thrown its weight behind the economic reforms of President Bola Ahmed Tinubu, saying the policies are vital to driving trade and investment growth across West …
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EconomyFinance & ServicesGOVERNMENTINVESTMENTPoliciesPoliticsSouth Africa
Lesetja Kganyago Warns Against Populist Economic Promises in South Africa
The Governor of the South African Reserve Bank, Mr. Lesetja Kganyago, has spoken out against what he described as the rising influence of populist politicians in South Africa, warning that …
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Banking, Finance & InvestmentEconomyGOVERNMENTMarketsPolicies
Nigeria’s bond demand declines amid rate hike worries
Nigeria’s bond market is currently facing serious challenges as investor interest has dropped due to fear of rising interest rates and uncertainty in the economy. The Central Bank of Nigeria, …
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Business and EconomyEnergyGOVERNMENTLeadershipNigeriaWestern Africa
Tinubu Sacks NNPC Board, Appoints New Leadership
President Bola Tinubu has dissolved the board of the Nigerian National Petroleum Company (NNPC), including Group Chief Executive Officer Mele Kyari and board chairperson Pius Akinyelure. In a statement by …