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CBN Halts Profit Sharing, Overseas Investments for Banks Under Special Support

The Central Bank of Nigeria (CBN) has temporarily suspended the payment of dividends, executive bonuses and foreign investments by banks currently under...

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Stock Market

NGX, SEC Commit to Capital Market Diplomacy to Deepen Nigeria-China Financial Ties

In a strategic move to position Nigeria’s capital market as a catalyst for cross-border investments, Nigerian Exchange Group Plc (NGX) and the...

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Business News

FG to Revoke Dormant Oil Licences with New Policy

The Nigerian Upstream Petroleum Regulatory Commission has told oil producers that it is set to implement the ‘drill or drop’ policy. The...

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Industry & Money

Nigeria Courts Global Investors for Rail, Power, Others

Minister of Transportation, Said Alkali, has made a pitch to Chinese and international investors, urging them to seize investment opportunities in the...

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Opinion

Macroeconomy: Nigeria’s Resilient Growth Outlook

This week, we dissect the second edition of the World Bank’s bi-annual Global Economic Prospects (GEP) report and the National Bureau of...

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Professional Service

Annuity: NAICOM to Issue Supplementary Guidelines

The National Insurance Commission will be issuing supplementary guidelines on annuity business in Nigeria. This was disclosed by Moruf Apampa, the Vice...

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Money Market

SEC Directs Firms to Honour Unclaimed Dividends

The Securities and Exchange Commission has directed all public companies and their registrars to stop treating unclaimed dividends older than 12 years...