Monday, May 11, 2026
CBN eyes international financial hub to usher investments into Nigeria
The Central Bank of Nigeria (CBN) is set to establish the Nigerian International Financial Centre (NIFC) by September 2022, a...
Read moreDetailsMinister criticises CBN over neglect of solid minerals sector
Uche Ogah, minister of state for mines and steel development, has accused the Central Bank of Nigeria (CBN) of failing...
Read moreDetailsReinsurers to post significant financial performance in 2022, Fitch report
Fitch Ratings, a provider of credit ratings, commentary and research for global financial markets, says it sees a more than...
Read moreDetailsGlobal marine insurance premiums up 6% to $30bn in 2020, says IUMI report
Says underwriting result improved on back of low claim Warns claim frequency may rise again as economy recovers Nigeria’s maritime...
Read moreDetailsCBN faces formidable opposition in battle for Naira’s value, soul
To control market and narrative Hoarders, speculators, roundtrippers line up Rogue bankers not demanding form M for imports BDCs fight...
Read moreDetailsBears out for Zenith, StanbicIBTC, Access Bank as sell-offs cost investors N1.7bn
All-Share Index at 39,201.33 points Market Cap at N20.425 trn It was a day for the bears on...
Read moreDetailsNaira in 48-year record low at N540/$1, but stop rates clear lower for bullish bonds, T-bills
FX Market For the first time in 48 years, the Naira hit an all-time low averaging N540 to the dollar,...
Read moreDetailsPoS, NIP transactions down, mobile, cheque up as e-payment slows to N23.97 trn in August
Total volume of PoS transactions carried out in the month of August closed at 75.6 million, a 7.4 percent decrease...
Read moreDetailsPresidential visit cripples economic activities in Imo
By Dikachi Elemba, in Owerri There was an unprecedented crippling of economic activities in the history of Imo State...
Read moreDetailsNNPC’s 2020 revenue dips marginally to N3.7trn, but operating profit prints N63.61bn
The Nigerian National Petroleum Corporation recorded a 19.8 percent year on year decline in its annual revenues from contracts with...
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