All posts tagged "Featured"
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107Stock MarketNigerian Exchange Group Posts 332% Profit in Q1 ’24
Following its recently concluded Annual General Meeting, Nigerian Exchange Group Plc (NGX Group) has unveiled the Q1 2024 results, signaling a promising...
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80Industry & MoneyNigeria, India Strengthen Bilateral Ties
In the bid to strengthen existing partnerships and forge new alliances that will contribute to the growth and development of Nigeria and...
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89Banking & FinanceBanks Close 2 million Accounts Over BVN, NIN, Others
Nigeria closed 2.021 million bank accounts in the first quarter of 2024, Q1’24, in effort to clean their books of questionable accounts...
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253Industry & MoneyBanks Expand Loans Size by 57% to ₦37.2tr
Amidst tight monetary policy and economic contractions, loan portfolio of leading Deposit Money Banks in Nigeria expanded by 57 percent to N37.17...
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223Banking & FinanceCentral Bank Halts Four MFBs from Onboarding New Customers
In a move highlighting ongoing scrutiny of foreign exchange transactions, the Central Bank of Nigeria (CBN) has directed four major Microfinance Banks...
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241Banking & FinanceLagos, Rivers lead States in ₦18b Bank Fraud Loss
The Nigeria Inter-Bank Settlement System has revealed that Lagos, Rivers States and the Federal Capital Territory led the financial fraud count in...
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236Industry & MoneyCredit to Manufacturing Sector up 39% to ₦7.73tr
In spite of numerous challenges confronted by manufacturers in Nigeria, the manufacturing sector’s borrowings from the nation’s banking sector rose by N2.17 trillion...
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153UncategorizedNCC Urges Telcos to Share Infrastructure for Better Service, Lower Costs
The Nigerian Communications Commission (NCC) has urged telecom companies in Nigeria to work together and share infrastructure. This collaboration aims to reduce costs...
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90Industry & MoneyFG Plans $10b Diaspora Investment fund
The federal government has announced plans to set up a $10 billion diaspora fund to attract investment from citizens living abroad. Minister...
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965Opinion‘No Short Cut to Naira Appreciation’
A Nigerian senator, Ned Nwoko, has advised the Federal Government and the Central Bank of Nigeria (CBN) against any measures that capable...
