Quest Merchant Bank Limited has strengthened its market position following GCR Ratings’ affirmation of the bank’s national scale issuer ratings of BBB(NG) and A3(NG), alongside an outlook revision to ...
Africa can unlock more than $469bn in additional annual revenue without raising statutory tax rates, according to the African Development Bank. Chief Economist and Vice President for Economic Governan...
he International Finance Corporation and Standard Chartered Bank have launched a $300m risk-sharing facility to expand access to supply chain finance for businesses across eight African countries, inc...
Nigeria’s small and medium-sized enterprises need more than access to finance to thrive, according to FCMB’s Senior Vice President and Divisional Head of Business Banking, George Ogbonnaya, who highli...
Nigeria’s total foreign exchange utilisation expanded by a massive 77 per cent in 2025, climbing from $26.65bn in 2024 to $47.17bn over the 12-month period, driven largely by a resurgence in non-agric...
Bad loans in Nigeria’s banking sector rose to 8.03 per cent in January 2026, seven months after the Central Bank of Nigeria moved to end regulatory forbearance granted to banks on some credit exposure...
Financial analysts and economists at Meristem Securities Limited said the Monetary Policy Committee of the Central Bank of Nigeria is expected to maintain its current monetary policy stance at its upc...
Nigeria’s fiscal and foreign exchange reforms that improved external reserves, increased FX liquidity, and strengthened confidence in the economy have prompted an upgrade of the country’s sovereign cr...
The Chairman of the Chartered Institute of Bankers of Nigeria, Lagos State Branch, Akinwunmi Lawal, has announced steady financial growth for the branch, noting that it maintained its leading position...
NEM Insurance Plc has released its audited financial results for the year ended 31 December 2025, showing strong growth in assets and revenue across its group and parent operations. At the Group level...
