Finance

Fidelity Bank grows PBT by 167.8% to N105.8b in Q1 2025

Fidelity Bank Plc, one of Nigeria's leading Tier-1 financial institutions, has announced a remarkable financial performance for the first quarter of 2025, recording a Profit Before Tax (PBT)...

Nigeria takes legal action against Binance demanding $81.5b…

Nigeria has filed a lawsuit demanding $81.5 billion from Binance for the economic losses it claims were caused...

N54.2 trillion budget: Peter Obi tasks government on transparency

Peter Obi, former presidential candidate and ex-Governor of Anambra State, raised concerns about the lack of transparency in...

Why Diezani denies ownership of repatriated $52.8m loot

Former Minister of Petroleum Resources, Diezani Alison-Madueke (DAM), has denied ownership of the $52.8 million recently repatriated to...

Auditors general recommend common auditing standards

Abakaliki, Nigeria - The Body of Federal and State Auditors General in Nigeria has advocated for a common...
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MAN Says Counterfeit Products Threat To Nigeria’s Economy

The Manufacturers Association of Nigeria (MAN) on Thursday in Ilorin says the inestimable damage caused by the menace of counterfeit products poses graveous threat to the country’s economy.

Why IMF releases $7.5 bn loan for Argentina

The International Monetary Fund (IMF) says it has released a loan tranche of $7.5 billion for Argentina, in a deal that took four months to negotiate.

The Alternative Bank delights customers with exclusive seasonal product

Ahead of the festive period, The Alternative Bank is offering customers an innovative financial product designed to enhance the holiday experience.

FAAC share N1.1trn to FG, states, LGCs for August

The Federation Account Allocation Committee (FAAC), has shared the sum of N1.1 trillion to the Federal Government, states and Local Government Councils (LGCs) for August.

CBN mandates banks to collect old N500, N1,000 notes

Banks across Nigeria have been ordered to receive old N500 and N1, 000 from customers who come to deposit them in the wake of recent crisis.

Why CBN appoints new executives for Union, Keystone, Polaris Banks

The Central Bank of Nigeria (CBN) on Wednesday in a terse statement announced the dissolution of the boards and management of Union, Keystone and Polaris Banks.
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