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CBN Sees Record Remittance Inflows of $553M in July 2024
By Niyi jacobs
The Central Bank of Nigeria (CBN) has announced a significant increase in remittance inflows, reaching a record high of $553 million...
Banking & Finance
Economy
Stanbic IBTC Pension Managers Enhances Client Experience with Self-Service Innovations
Stanbic IBTC Pension Managers has introduced an upgraded suite of self-service options, reaffirming its commitment to improving pension management and customer experience. The relaunch...
Technology
FG BACKS NIGER DELTA FERRY NETWORK TO BOOST REGIONAL TRADE, INCLUSION
The Federal Government has taken a significant step towards boosting regional trade and inclusion in the Niger Delta region with the inauguration of the...
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Insurance Boom: Profits Soar, Risks Linger
By NIyi JACOBS
Nigeria’s top listed insurance firms are experiencing their most profitable run in over a decade, driven by rising interest rates, stricter regulation,...
Manufacturers Count Cost of Reforms as Industrial Output Declines, MAN Warns
By Staff Reporter
The Manufacturers Association of Nigeria (MAN) has said that while recent economic reforms undertaken by the Federal Government were necessary to address...
Verve Expands to UEMOA, Boosts African Payment Integration
Verve’s entry into the West African Economic and Monetary Union (UEMOA) is set to transform the region’s digital payment landscape. Through its partnership with...
President Tinubu Mourns with NNPC over Helicopter Crash Victims
President Bola Tinubu has expressed his heartfelt condolences to the families of the victims of the recent helicopter crash in Port Harcourt ¹.He has...
News
OAK Pensions Tops May Fund Rankings
By NIyi JACOBS
Nigeria’s pension sector maintained strong momentum in May 2025, with all Retirement Savings Account (RSA) fund categories posting positive returns despite...
New Year, New Businesses Beckon
TUNMISE OLAOYE
The Nigerian economy is estimated to grow by 1.5% in 2021 and 2.9% in 2022, according to data retrieved from the African Development...
Lagos, Kaduna, Top States with Highest External Debt Service Costs
Nigerian states have collectively spent a staggering N139.92 billion on servicing external debt in the first half of 2024, a 122% increase from the...
Fintiri Promises 85% Votes for Tinubu, APC in Adamawa
By NIyi Jacobs
The Governor of Adamawa State, Rt. Hon. Amodu Umaru Fintiri, has pledged unwavering support for President Bola Ahmed Tinubu and all All...
Emefiele’s Naira Redesign Rendered Farmers Bankrupt – FG
The Federal Government has declared that the former Central Bank governor’s naira redesign policy rendered farmers in Nigeria bankrupt due to the hardship they...
Investments
Sanwo-Olu Drives Lagos Transformation with Health, Water, and Infrastructure
by Abiodun JIMOH
The Lagos State Government, led by Governor Babajide Sanwo-Olu, is making significant strides in improving the lives of its residents through transformative...
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