Finance | Insurance | Pension
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...
Transcorp Hotels Share Price Gain Fuels Market Capitalization Surge for Transcorp Companies
Transcorp Plc and its subsidiaries experienced a significant boost in their combined market capitalization, climbing by 1.78% to N4.63 trillion,...
CBN Reduces FX Rate For import Duty
The Central Bank of Nigeria (CBN) has changed the Nigeria Customs Service (NCS) foreign exchange (FX) rate for import duties....
KPMG ARRIVES BIPC FOR COMPREHENSIVE RESTRUCTURING EXERCISE
The KPMG team has arrived at the Benue Investment and Property Company Limited (BIPC) to undertake a comprehensive restructuring of...
