The naira strengthened Tuesday, appreciating to N1,382 per dollar in the parallel market from N1,387 per dollar on Monday. Similarly, the currency recorded gains in […]
Category: Business
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ZENITH BANK APPOINTS ENGR. MUSTAFA BELLO AS CHAIRMAN AT ANNUAL GENERAL MEETING
Zenith Bank Plc has announced the appointment of Engr. Mustafa Bello as the Chairman of its Board of Directors. The appointment, which […]
African businesses urged to rethink growth, trade, and resilience at Nigeria Business Summit 2026
African businesses must respond to uneven economic recovery, persistent foreign exchange volatility, and infrastructure gaps by embedding resilience, regional thinking, and productivity […]
ZENITH BANK CROSSES N1 TRILLION MARK IN Q1 2026 GROSS EARNINGS
Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2026, with a 6% growth in Gross […]
Coinage Fund Management Ltd Secures SEC Approval, Positions to Redefine Wealth Creation and Portfolio Management in Nigeria
Coinage Fund Management Ltd (“Coinage Fund”), an Africa-focused investment management firm, has officially received approval from the Securities and Exchange Commission (SEC) […]
Stanbic IBTC Bank Nigeria PMI®: Business activity continues to rise, but higher fuel costs limit growth
The Nigerian private sector remained in growth territory at the start of the second quarter of the year as customer numbers and […]
BREAKING: Jim Ovia retires as Zenith Bank chairman
Zenith Bank has announced the retirement of Jim Ovia, its founder and group chairman, following the expiration of his tenure. In a statement on Tuesday, […]
Naira rallies, ends three-year April slump with ₦51 gain
The Nigerian naira posted a notable recovery in April 2026, appreciating for the first time in three years during the month, as improved liquidity and […]
NGX regulator recovers over ₦500m for investors
NGX Regulation Limited (NGX RegCo) has facilitated the recovery of more than ₦500 million for investors. The regulatory body, a subsidiary of Nigerian Exchange Group […]
CBN rate cut triggers sharp drop in banks’ deposits to ₦92.3trn
Deposits by Nigerian banks with the Central Bank of Nigeria (CBN) fell sharply to ₦92.32 trillion in April 2026, following a recent reduction in the […]