FCMB Group Plc, in its audited financial results for the full year ended December 31, 2024, recorded a profit before tax (PBT) of N111.9 billion, a 7.1 per cent year-on-year increase. The Group record...
The Central Bank of Nigeria has provided updates to the financial market, investors and the public on the recent movements in the foreign exchange market between April 3rd and 4th, 2025. In a statemen...
The World Bank has approved three operations in Nigeria, totaling $1.08 billion in concessional financing, to enhance education quality, build household and community resilience, as well as improve nu...
The circular, purportedly from the CBN, has been widely shared on WhatsApp. According to the fake circular, the new notes are to be circulated from May 1. In a post on X on Tuesday, the CBN ...
The Nigeria Economic Summit Group has warned that the Federal Government could face revenue shortfalls if it does not increase the value-added tax rate as part of the ongoing tax reform process. The C...
The concern follows a statement attributed to Uche Nnaji, minister of science and technology, suggesting that the federal government plans to halt the importation of solar panels to promote local manu...
In a major boost to capital market regulation in Nigeria, President Ahmed Bola Tinubu assented to the Investments and Securities Bill (ISB) 2025, which repeals the Investments and Securities Act No. 2...
Recently released data from the National Pension Commission (PenCom) show that the total Pension Assets Under Management (AUM) of the regulated pension industry increased by 2% month-on-month (MoM) an...
JP Morgan, an American Bank, is planning to transform its representative office in Lagos into a fully-fledged business branch, marking a further step in its CEO’s strategy to strengthen its presence o...
At KSBC, we conduct trainings for banking and financial institutions and businesses. Recently, we have been training the Fidelity bank corporate department in Victoria Island, Lagos on Credit Risk Man...
