Finance | Insurance | Pension
Nigeria Posts $6.83bn Balance of Payments Surplus in 2024, Signalling Economic Resurgence
The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024...
New US Trade Tariff: CBN Injects $197.71m To Maintain Forex Market Stability
By Chris Agabi The Central Bank of Nigeria (CBN) has injected $197.71 million into.yhe Nigeria Forex Market to help stabilise...
Transcorp Hotels Share Price Surges to N145 As Shareholders Approve N7.57bn Dividend Payout at the 11th Annual General Meeting
Transcorp Hotels Plc, a subsidiary of Transcorp Group, witnessed a surge in its share price, climbing by 7.13% to close...
CBN’s Net Foreign Exchange Reserve Rises to $23.11bn, Strongest Over 3 Years
The Central Bank of Nigeria (CBN) has reported a record improvement in its Net Foreign Exchange Reserve (NFER) position as...
AfDB Group approves $50 million trust fund to end school-age hunger in Africa
The Board of Directors of the African Development Bank (www.AfDB.org) approved the establishment of a fund to help put an...
IMF Appoints Tony Elumelu to Advisory Council on Entrepreneurship and Growth
Heirs Holdings Founder and Group Chair, Tony O. Elumelu, CFR, has been appointed by the International Monetary Fund (IMF) to...
Cardoso Champions Gender Equity with Record Female Senior Appointments
In a significant milestone for Nigeria’s banking sector, women now constitute 35% of the Central Bank of Nigeria’s (CBN) directors...
CBN Governor Extols Women’s Role in Transforming Nigeria’s Financial Space
The Central Bank of Nigeria’s Governor, Mr. Olayemi Cardoso has extolled the women have played in deepening capacity in Nigeria’s...
Full Year 2024: UBA Grows Profit to ₦804 Billion, Declares N3.00 Kobo Final Dividend
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended...
CBN Projects Gradual Inflation Drop In Six Months
The Central Bank of Nigeria data on inflation expectations for February 2025 projected a gradual drop-in inflation rate over the...
