Electricity consumers paid a total of N509.84bn in the fourth quarter of 2024 despite enduring five grid collapses within the same period, The PUNCH reports. The Nigerian Electricity Regulatory Commis...
United Bank for Africa (UBA) lost ₦1.14 billion ($744,200) to fraud in 2024, even as the Nigerian lender reported a profit after tax of ₦766.6 billion ($493 million), according to its latest audited f...
The Central Bank of Nigeria (CBN) Governor, Dr Yemi Cardoso and his fiscal policy wing counterpart, Mr Wale Edun, Minister of Finance have assured Nigerians of closing ranks to administer the best fis...
The naira on Monday appreciated in the official foreign exchange (FX) market as the Central Bank of Nigeria (CBN) accounted for the highest dollar inflows of 39.85 percent in the Nigerian Foreign Exch...
The Bank of Industry has launched a special intervention programme, Project Guaranteed Loans for Women, valued at N10 billion, to support female entrepreneurs across the country. The bank’s managing d...
The appointment was announced at the Bank’s 18th Annual General Meeting (AGM), held in Lagos on Wednesday, after securing necessary approval from its primary regulator, the Central Bank of Nigeria (CB...
The World Trade Organisation has revealed that global goods trade remained stable in the final quarter of 2024 and showed signs of continued growth in early 2025. According to the latest World Trade O...
AFRICA’S Global Bank, United Bank for Africa (UBA) Plc, has launched the Afrigo Card, a revolutionary domestic card scheme aimed at transforming the Nigerian payments landscape. The Afrigo Card, intro...
Global trade hit a record $33 trillion in 2024, expanding 3.7 per cent ($1.2 trillion), according to the latest Global Trade Update by UN Trade and Development (UNCTAD), which warned that while trade ...
The financial services sector on the Nigerian Exchange closed with a total market capitalisation of N9.49tn, driven by performances from banking stocks, particularly Guaranty Trust Holding Company Plc...
