Despite the growing number of billionaires worldwide, Black billionaires remain a rarity, making up just 0.8% of the world’s wealthiest individuals, according to Forbes’ 2025 World’s Billionaires list. Out of the 3,028... Read more »
First City Monument Bank recorded a Profit Before Tax of N111.9 billion for the financial year ending December 31, 2024. This was confirmed in a corporate statement released through the Nigerian Exchange... Read more »
The World Bank has approved three funding operations for Nigeria, totaling $1.08 billion in concessional financing. These initiatives aim to improve quality of education, strengthen household and community resilience, and enhance nutrition... Read more »
A Pension Fund Administrator (PFA) in Nigeria, Leadway Pensure, has advocated Additional Voluntary Contributions (AVC) for Nigerians to have a secured future in retirement. This is as the PFA reaffirmed its commitment... Read more »
NSIA Insurance extended a special outreach to new and expectant mothers at Lagos State University Teaching Hospital’s (LASUTH) maternity arm – Ayinke House, as part of its commitment to care impact the... Read more »
Glovo, has partnered with She Code Africa and the Lagos State government through the Ministry of Commerce, Cooperatives, Trade, and Investment, and the Ministry of Science and Technology equipped 100 women with... Read more »
According to the reports, the CBN was set to introduce the new notes to reduce cash-handling costs and improve liquidity management. The Central Bank of Nigeria (CBN) has refuted claims that it... Read more »
The Central Bank of Nigeria (CBN) has reported a substantial improvement in its net foreign exchange reserve (NFER) position as of the end of 2024, reflecting a substantial improvement in the country’s... Read more »
The federal government has called on major oil companies operating in the country to reciprocate its efforts in enhancing the investment climate by committing tangible investments to the sector. This appeal comes... Read more »
The Securities and Exchange Commission (SEC) has said operators of any entity engaged in a prohibited scheme commits an offence and is liable on conviction to a penalty of not less than... Read more »
The Lagos Chamber of Commerce and Industry (LCCI) has called for a stable operating environment to effectively utilise the approval of a $500 million loan by the World Bank to Nigeria under... Read more »
In a bid to improve healthcare access for underserved communities,The National Association of Seadogs, (NAS),Pyrates Confraternity (Sahara Deck),yesterday embarked on a medical outreach program in Dakibiu community,Jabi, Abuja. The event afforded hundreds... Read more »
The federal government through the National Commission for Museums and Monuments has pledged to collaborate with the Vernacular Heritage Initiative (VHI) in the development of national monuments nationwide. Director general of the... Read more »
Wema Bank Plc, has declared a dividend of N21.43 billion representing N1.00 per share to its shareholders for the financial year ended December 31, 2024. The Bank has released its audited results... Read more »
The Federal Government and the European Union (EU) have commenced high-level discussions on ways to strengthen EU-Nigeria economic cooperation. A statement issued by the Finance Ministry on X noted that the Minister... Read more »
The Robotics for Good Youth Challenge Nigeria 2025 has kicked off, inspiring young innovators to develop robotic solutions for climate-related disasters. Spearheaded by founder and CEO of Next Robotics Academy, Kemisola Bolarinwa... Read more »
The Nigeria Deposit Insurance Corporation (NDIC)has announced that it will begin payments to depositors of the defunct Heritage Bank who held balances exceeding the insured limit of N5 million by April 2025. This... Read more »
Aradel Holdings Plc reported a net tax profit of N259.1 billion in its audited results for the year ended December 31, 2024. Also, the Company proposed a final dividend of N95.59 billion,... Read more »
NSIA Insurance Company Limited has paid about N44 billion as claims to its policyholders who suffered insured risks in the last 10 years. This is even as the insurer celebrated its 30th... Read more »
Africa’s largest domestic payments card and token brand, Verve, partnered with PalmPay, one of digital payments platforms, to launch the PalmPay debit card, at the Tech Unite Africa event recently held at... Read more »