Finance

Seeks injunction and stay of execution Says cargo remains under arrest First Bank of Nigeria Limited (“FirstBank”) has filed an...

The naira depreciated marginally on Tuesday, closing at N1,532.39/$1 in the official market, a 0.07% drop from the previous rate...

Key Highlights Commitment underpinned by strategic investments, public-private partnerships, and market innovation initiatives Focus on enabling MSMEs, scaling cross-border payments,...

The naira closed Monday’s trading session at N1,531.19/$1 in the official market, appreciating by 0.37% from its previous close of...

The United Bank for Africa (UBA) Plc has reported a profit after-tax of N766.5 billion for the 2024 financial year,...

The naira closed at ₦1,536.89/$1 in the official market on Friday, a 0.40% decline from the previous day's rate of...

African Development Bank Group (AfDB) President, Dr. Akinwumi Adesina, has announced plans to launch a $500 million facility designed to...

The naira remained stable against the dollar on Thursday, closing at N1,530.62/$1, nearly unchanged from Wednesday’s rate of N1,530.52/$1. According...

The Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund has raised N100 billion from private investors through its fully...

Computer Warehouse Group Plc , has reported a post-tax profit of ₦3.0 billion for the 2024 financial year, marking a...

Alitheia Capital and Goodwell Investments have announced the first exit of their joint uMunthu Fund: Baobab Nigeria, a financial institution...

The postponement of the tabling of the 2025/26 budget on 19th February due to fierce disagreement among parties in the Government...

MoMo Payment Service Bank (PSB) has launched an innovative customer loyalty program, 'Customer Refer & Win Promo', offering customers a chance to...

The naira gained 0.15% against the US dollar on Wednesday, closing at N1,530.52/$1, up from N1,532.93/$1 on Tuesday. The currency...

The Federal Accounts Allocation Committee (FAAC) disbursed N15.26 trillion to the federal, state, and local governments in 2024, a 40%...