CBN revokes licenses of NOW NOW DIGITAL MFB, OURPASS MFB, Creekline MFB, 43 others
Omeiza Bilal The Central Bank of Nigeria (CBN) has revoked the operating licenses of forty-six (46) Microfinance Banks with effect...
Banking & Finance
Equities market sheds N2.34trn
Trading on the floor of Nigerian Exchange NGX on Monday remained on negative trajectory, shedding N2.34 trillion as profit taking...
FirstBank supports Imo on ÓKÓBÌ, to drive entrepreneurship, job creation
Orisemeke Benjamin FirstBank, West Africa’s premier financial institution and the leading financial inclusion service provider, has announced its support for...
Freeze accounts linked to terrorism financing suspects, CBN direct banks
Omeiza Bilal The Central Bank of Nigeria (CBN) has directed banks, payment service banks and other financial institutions to immediately...
Local equities shed N3.638trn
The domestic equities market on Wednesday closed southward, depreciating by N3.638 trillion, following loses recorded in the heavyweight stocks which...
Afreximbank Africa Trade Report shows Africa can turn geopolitical disruptions into long-term growth opportunity
Orisemeke Benjamin African Export-Import Bank (Afreximbank) has launched the 2026 edition of its flagship African Trade Report themed “Leveraging Geopolitics...
SEC bans marketing, promotion of Dangote Refinery’s IPO
Orisemeke Benjamin The Securities and Exchange Commission (SEC) has banned the marketing and promotion of a purported initial public offering...
As loan defaults rise, VeendHQ says AI recovered ₦69m from delinquent borrowers
Orisemeke Benjamin VeendHQ says its AI-powered credit platform, Vida AI, helped recover ₦69 million from a ₦172.5 million portfolio of...
Equities market opens bullish, gains N1.518bn
Agency Report The local equities market opened the week on a positive note, appreciating N1.518 trillion as gains recorded in...
Agama urges collaboration among African markets
…Signs MoU with CMA Rwanda Orisemeke Benjamin Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has called...
