ECOWAS investment board approves $10m to strengthen Infrastructure, support private sector
The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved a total of EUR 230...
Banking & Finance
Equity market gains N101bn
Trading on the floor of Nigerian Exchange NGX on Tuesday closed northward, appreciating by N101 billion. Market capitalisation of listed...
FG’s fiscal deficit down to N3.1trn in Q4 2024
Agency Report The Central Bank of Nigeria (CBN) 's most recent quarterly economic report shows that the federal government of...
ISA 2025 to boost investor confidence – SEC
Omeiza Bilal The Securities and Exchange Commission has said that the Investments and Securities Act 2025 introduces key reforms aimed...
Domestic equity market declines 2.55%
The domestic equity market opened week in negative note after Eid-el-Fitr celebration, shedding N91 billion as bears dominated the trading...
African start-up funding hits four-year low in March amid economic uncertainty
Agency Report African start-ups faced a significant funding decline in March 2025, raising only $50 million, marking one of the...
Sterling Bank will no longer pay transfer charges
Agency Report In a landmark move that sets a new benchmark for customer-focused banking in Nigeria, Sterling Bank has championed the...
ISA 2025: Ponzi operators risk 10 year jail term, N20m fine – SEC
Orisemeke Benjamin Promoters and operators of any entity engaged in a prohibited scheme commits an offence and is liable on...
CBN reports strongest net reserve position in over three years
Omeiza Bilal The Central Bank of Nigeria (CBN) has reported a substantial improvement in its Net Foreign Exchange Reserve (NFER)...
Stock market gains N3.49trn in 1Q amid banking recapitalization rally
Nigeria’s stock market recorded good performance in the first quarter (Q1) of 2025, surging by N3.494 trillion as investors reacted to...
