CBN flags rising NPLs as tech firm urges banks to strengthen operations
Following a recent report by the Central Bank of Nigeria (CBN) indicating a rise in Non-Performing Loans(NPLs) to about seven…
Onabanjo’s life, passage worth celebrating – Senator Adeola
Senator Solomon Adeola said that the life and passage of the matriarch of the Onabanjo family are worth celebrating. The…
32 vessels to arrive Lagos ports with petroleum products, food — NPA
The Nigerian Ports Authority (NPA) says 32 ships with petroleum products, food items and other goods will arrive at Apapa,…
Zenith Bank targets Ethiopia in fresh push for continental expansion
Nigeria’s Zenith Bank Plc is accelerating its continental expansion with plans to enter the newly liberalized Ethiopian banking market, as…
CBN flags rising NPLs as tech firm urges banks to strengthen operations
The CBN’s 2025 macroeconomic outlook raised fresh concerns over asset quality, balance sheet stability....
Nigeria pushes gas, trade, investment pact with UAE
Nigeria is leveraging the Abu Dhabi Sustainability Week to advance concrete negotiations on gas development, trade expansion and
NGX: UBA share listing lift market capitalisation by 0.7%
The Nigerian Exchange commenced the week on a positive note on Monday, extending its upward momentum as broad-based buying interest…
NBS, NESG clarify inflation trends ahead of December CPI release
The National Bureau of Statistics (NBS), in collaboration with the Nigerian Economic Summit Group (NESG), on Monday convened a high-level…
Tax reform sparks national debate as experts, citizens clash over economic impact
Nigeria’s proposed tax reforms have ignited an intense national debate, drawing sharp and often conflicting reactions from academics, industry leaders,…
Interest rates stay high despite money supply surge to N122.95trn
Nigeria’s interest rates have remained firmly in double digits, despite a sharp rise in money supply to ₦122.95 trillion in…
Presidential committee defends new tax laws, disputes kpmg’s criticisms
The Presidential Committee on Fiscal Policy and Tax Reforms has welcomed feedback from professional firms on Nigeria’s newly enacted tax…
Rent relief limitations, forex deduction restrictions, other may hinder new tax act implementation, says Oye
The Chairman of the Alliance for Economic Research and Ethics (AERE), Dele Kelvin Oye, has said the rent relief, which…
Afreximbank, Levene Energy in $64m facility deal to acquire strategic stake in Axxela Limited
African Export-Import Bank (Afreximbank) has provided a USD 64 million Acquisition Finance Facility to Levene Energy Development Limited.
Experts seek clearer public education on Tax Reform Act
Economic experts have urged clearer communication and sustained public enlightenment to help Nigerians understand benefits of the Nigeria Tax Reform…
WEF 2026: FG unveils Nigeria House in Davos to spotlight economic reforms
The Federal Government has established Nigeria House, Davos, ahead of the 56th Annual World Economic Forum (WEF) 2026 to showcase…
Heritage Bank: NDIC declares N24.3bn second liquidation dividend for depositors above N5m insured limit
The Nigeria Deposit Insurance Corporation (NDIC) has announced a dividend of ₦24.3 billion second liquidation dividend to depositors of the…
Kano govt, BoI to disburse N5bn loan to traders, SMEs
Kano State Government, in partnership with the Bank of Industry (BoI), is set to commence the annual disbursement of
‘Invalid conclusions,’ Oyedele faults KPMG’s flagged ‘errors’ in new tax laws
KPMG had in its analysis titled “Nigeria’s New Tax Laws: Inherent Errors, Inconsistencies, Gaps and Omissions,” flagged what it described…
UAE steel group bids for bankrupt UK’s third-largest steelmaker
Arabian Gulf Steel Industries (AGSI), a United Arab Emirates (UAE)-based company, has approached the Official Receiver to buy Speciality Steels…
VIDEO: I started Zenith Bank with N20m in 1990 — Founder
Founder of Zenith Bank Plc, Jim Ovia, has revealed that the financial institution was established in 1990 with a startup…
