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Japan Tobacco International Nigeria Marks Independence Day, Stresses Commitment To National...
ABIODUN JIMOH
Japan Tobacco International Nigeria (JTI), joins other Nigerians to celebrate this year's Independence Day, which marks the country's 64th anniversary. In a...
Banking & Finance
Economy
CBN issues guidelines on disposal of non-permissible income
The Central Bank of Nigerian has issues guidelines for the disposal of Non-permissible income (NPI) for Non-interest financial institutions (NIFI).This is according to a...
Technology
Investors in Nigeria’s Tier-1 Banks Record N88bn Gain
The market capitalization of Nigeria’s tier-1 banks, otherwise known as FUGAZ, appreciated by 3.57% to close at N2.55 trillion on Friday, January 13 2023,...
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FIRS Sues Binance for $79.51 Billion Over Alleged Tax Evasion, Economic Losses
The Federal Inland Revenue Service (FIRS) has filed a lawsuit against Binance Holdings Limited, demanding $79.51 billion and ₦231 million in damages for alleged...
CBN Shakes Up NIRSAL Management: MD, Directors Sacked Amidst Corruption Allegations
In a significant management shake-up, the Central Bank of Nigeria (CBN) has sacked the top three executives of the Nigeria Incentive-Based Risk Sharing System...
Citisquare Africa fosters holistic wellness by integrating financial freedom strategies into its wellness initiatives
At the recent International Wellness Tree Virtual Summit, hosted by Citisquare Africa, Dr. Mories Atoki, the Chief Executive Officer of ABC Health, took the...
Cybersecurity Levy: CBN Orders Banks to Impose 0.5% on Transactions
By NIYI JACOBS
The Central Bank of Nigeria (CBN) has taken a significant step to enhance cybersecurity measures in the banking sector by ordering banks...
News
UBA Plans N239.4 Billion Rights Issue to Strengthen Growth and Leadership
United Bank for Africa (UBA) has announced a N239.4 billion Rights Issue, offering new Ordinary Shares to existing shareholders. The initiative aims to enhance...
Widows’ Rights: Activists Protest Inhumane Treatment, Demand Legal Protection
A wild drama ensued at the Lagos office of the Human Rights Commission as protesters led by Dr. Obiora Okolo, founder of Save Women...
Capital Express Assurance Pays Out Over N2bn in Claims in H1, Demonstrates Commitment to...
By Niyi Jacobs
In a significant achievement, Capital Express Assurance Limited, a leading specialist life assurance company in Nigeria, has settled claims worth over...
Interest Rates Hike: Loan Losses Loom in Banking Sector
Wema Bank, Others report increase in LLPs
by Niyi Jacobs
The banking sector in Nigeria is facing a challenging landscape in 2024, as higher interest rate...
Pension Reform: PenCom Orders PFAs to Expand and Improve Services
By Niyi Jacobs
The National Pension Commission (PenCom) has introduced new guidelines aimed at improving the accessibility and efficiency of Pension Fund Administrators (PFAs)...
Investments
Africa’s Edutech Revolution: Enhancing Education through Technology
The sixth edition of the African Edutech Conference is set to take place later this year, bringing together stakeholders from across the continent to...
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