IMF warns Nigeria against taking $5 billion loan from Abu Dhabi bank, says such transactions are ‘opaque, complex’
By Desire Emmanuel with Agency Reports The International Monetary Fund (IMF) on Tuesday warned of…
Heirs Insurance Celebrates Five Years, Targets Greater Innovation and Expansion
By Olusegun Obisanya Heirs Insurance Group has marked its fifth anniversary with a renewed commitment…
FG spent N3.41 trillion on debt servicing in Q3 2025, 4.8% below projection – Budget Office
By Nchetachi Chukwuajah The Budget Office of the Federation says the Federal Government spent N3.41…
Onanuga Defends Tinubu’s Borrowing, Says Nigeria Can Still Take More Loans
The Special Adviser to President Bola Ahmed Tinubu on Information and Strategy, Bayo Onanuga, has…
Presidency Reacts as Nigerians Urge World Bank to Stop Loans to Nigeria
The Presidency has reacted to growing online campaigns by Nigerians urging the World Bank to…
Otedola Plans $100m Investment In Dangote Refinery
Billionaire businessman and Chairman of First HoldCo Plc, Femi Otedola, has disclosed plans to invest…
Tinubu Set to Spend $11.6bn on Debt Servicing in 2026
President Bola Tinubu has revealed that Nigeria will spend an estimated $11.6 billion on debt…
Strong performances in Nigeria, Ghana boost MTN profit in first quarter of 2026
By Desire Emmanuel South Africa's MTN said on Tuesday, May 12, that its core earnings…
Jim Ovia Retires as Zenith Bank Chairman, Bello Appointed Successor
Jim Ovia has retired as Founder and Group Chairman of Zenith Bank Plc following the…
CBN orders banks to report failed e-transactions monthly, disclose, allow customers negotiate charges
By Nchetachi Chukwuajah The Central Bank of Nigeria (CBN) has directed banks and other financial…
Moniepoint MFB Strengthens Agency Banking with Hybrid Model, Expands Financial Inclusion
Moniepoint MFB Strengthens Agency Banking with Hybrid Model as Moniepoint Microfinance Bank has reinforced its…
FAAC shares N2.036 trillion among FG, states, LGs as March 2026 revenue
By Nchetachi Chukwuajah The Federation Account Allocation Committee (FAAC) has shared a total of N2.036…
Domestic airline operators threaten shutdown April 20 over 300% hike in aviation fuel price
By Nchetachi Chukwuajah The Airline Operators of Nigeria (AON) has threatened to suspend domestic operations…
Nigeria now produces 1.8 million barrels of oil daily, says Finance Minister
By Desire Emmanuel with Agency Reports Nigeria's oil production has risen to 1.8 million barrels…
Food, transport price hike push inflation rate to 15.38% in March
By Nchetachi Chukwuajah Nigeria’s inflation rate increased to 15.38 percent in March 2026 following an…
Liberia Opens Investment Window to Nigeria, says Envoy
The Liberian Ambassador to Nigeria, John Ballout, has made a strong case for Nigerian investors…
Heirs Insurance, United Capital partner to deepen women’s financial Inclusion
Heirs Insurance Group and United Capital Plc have partnered to deepen financial inclusion and wellness…
FG taking steps to correct identified issues in new tax laws through proposed finance bill, says Oyedele
By Nchetachi Chukwuajah Minister of State for Finance, Taiwo Oyedele, says the Federal Government is…
Reforms and regulation driving insurance industry transformation and growth, Omosehin
The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Olusegun…
33 banks have met revised minimum capital requirement, raised N4.65 trillion in recapitalisation exercise, CBN says
By Nchetachi Chukwuajah The Central Bank of Nigeria (CBN) on Wednesday, April 1, said 33…