Finance

The Central Bank of Nigeria has warned banks to avoid using illicit funds to raise their capital amidst the ongoing...

The naira began the week on a softer note, closing at N1,604.48/$1 in the official foreign exchange market on Monday....

The Nigerian Exchange (NGX) Group Plc has approved a final dividend of N2 per ordinary share of 50 kobo each...

In search of greater stability and opportunities, many Nigerians continue to migrate to countries like the United States and the...

…Expanding East African Presence

The naira experienced a turbulent week, continuing its decline against the dollar and closing at N1,604/$1 on Friday — a...

The African Development Bank (AfDB) has reaffirmed its commitment to mobilising $2.2 billion for the second phase of the Special...

The naira appreciated in the official market on Thursday, closing at N1,591.85/$1, a 2.34% improvement from the previous day's close...

Ramani,  leading African Y Combinator-backed supply chain financing platform, has announced a strategic partnership with Tanzania Commercial Bank (TCB) to enhance financial...

Nigeria's external reserve surged by $6.8 billion, reaching $40.19 billion in December 2024. This resulted from an increase in Balance...

At the recent Tech Unite Africa 2025 conference in Lagos, Sofia Zab, PalmPay's chief marketing officer, shared valuable insights on...

The naira experienced a mild gain of 0.04% on Tuesday, closing at N1,611.55/$ in the official market—an improvement from Monday’s...

The Ministry of Finance Incorporated (MOFI) has launched a new governance scorecard designed to assess, monitor, enhance transparency, and build...

The investment aims to increase access to financial services for underserved individuals and small businesses

SCOA Nigeria Plc, a company vast in the distribution, assembly, and servicing of motor vehicles, has reported a post-tax profit...