FCMB Secures National Banking Licence After Capital Raise as Recapitalisation Deadline Nears
FCMB Group Plc has secured a national banking licence for its flagship subsidiary, First City Monument Bank, following the completion...
Nigeria’s Headline Inflation Falls to 15.15% in December 2025 — NBS
The National Bureau of Statistics (NBS) has announced that Nigeria’s headline inflation rate declined to 15.15 per cent in December...
Asian Stocks Hit Record High on Tech Rally as Yen Gains
Asian equities surged to record levels on Friday, driven by a strong rally in technology stocks after robust earnings from...
Oil Prices Dip in Asian Trade as U.S.-Iran Tensions Ease
Oil prices fell in Asian trading on Friday, extending losses from the previous session, as concerns over potential supply disruptions...
World Bank, IMF Urge Inflation Control as NESG Forecasts 5.5% GDP Growth
The World Bank and the International Monetary Fund (IMF) have called for decisive measures to further reduce inflation in Nigeria,...
CBN Says 20 Banks Meet New Capital Requirements, Shifts Focus to Credit Growth
The Central Bank of Nigeria (CBN) has disclosed that about 20 deposit money banks have already met the new capital...
Fidelity Bank Reaffirms Commitment to Environmental Sustainability with Tree Planting, Beach Clean-Up
Fidelity Bank Plc has reaffirmed its commitment to environmental sustainability with a tree planting and beach clean-up exercise at Elegushi...
United Capital Appoints New Independent Experts to UCIF Investment Committee
In a strategic move to reposition for expanding infrastructure opportunities in Nigeria and across Africa, the Board of Directors of...
Nigeria Spent N11.1tn on Capital Projects in 2024 — Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has disclosed that Nigeria spent N11.1tn on...
FG Welcomes EU’s Removal of Nigeria from High-Risk AML/CFT List
The Federal Government has welcomed the decision of the European Commission to remove Nigeria from the European Union’s list of...
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