archiveJuly 8, 2025

Union Bank, one of the nation’s most respected financial institutions, reinforced its commitment to national progress as a proud partner of the inaugural International Civil Service Conference held on June 25 and 26, 2025 at the Eagle Square Arena, Abuja. The conference, themed “Rejuvenate, Innovate & Accelerate,” convened civil servants,...

Jaiz Bank Plc, Nigeria’s pioneer non-interest Bank has released its full year audited result and accounts for the period ended December 31, 2024, with profit after tax (PAT) of N23.48 billion. The management of the bank has proposed a dividend payout of N0.07 per share for 2024 financial year as...

British International Investment, the UK’s development finance institution and impact investor, announced today that it had committed £1.09 billion to African companies in 2024 to create jobs, reduce aid dependency and combat the climate emergency. The sum was nearly 40 per cent more than its 2023 total of £725 million,...

As part of regulatory efforts to support the exit from the forbearance regime, the Central Bank of Nigeria (CBN) has directed banks to submit a capital restoration plan. In a circular signed by the CBN Director of Banking Supervision, Olubukola Akinwunmi, published on its website on Monday, the apex bank...

The International Monetary Fund (IMF) has stressed that Nigeria must raise more domestic revenue, improve its budgeting process, and expand cash transfers to lift millions out of poverty, despite early signs of progress from recent economic reforms. IMF in an article by one of its staff member said the country...

The Lagos Chamber of Commerce and Industry (LCCI) says Nigeria’s food inflation may rise in the third and fourth quarters or the second half (H2) of 2025 due to insecurity and floods. In a statement on Tuesday, Director-General (DG) of the LCCI, Chinyere Almona, said recent herdsmen-farmers clashes in the...