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Finance & Economy - Page 283

Finance & Economy·News·Nigeria·Top Stories

What Nigeria’s 15.10% Inflation Rate Drop Means

Nigeria’s headline inflation rate fell to 15.10% in January 2026, the latest figures from the National Bureau of Statistics (NBS) show, extending a run of gradual declines that has lasted for almost a year. The figure is slightly lower than the 15.15%

February 16, 2026

Finance & Economy

RIMAN Advises Banks To Embrace Best Risk Management Practices

President of Risk Management Association of Nigeria (RIMAN), Ezekiel Oseni, has urged banks to embrace best risk management practices in their operations as new technologies and processes evolve. Oseni gave the advice during a courtesy visit to Chief Executive Officer of

November 17, 2021

Ecobank Fined N3.2m, PZ Cussons Slammed With N4.8m Amid Clampdown

Finance & Economy

Ecobank Announces First Set Of Weekly Beneficiaries In Super Rewards Season 2

Ecobank Nigeria has announced the names of the first set of weekly beneficiaries of N25,000 each in the second edition of its Super Rewards campaign. The Super Rewards campaign which successfully ran for four months in its first edition was relaunched in

November 16, 2021

Nigerian Banks Earn N135.52 Trillion From CBN's Naira Policy, E-Payment

Finance & Economy

CBN Not At War With Ministry Of Finance -Emefiele

The governor, Central Bank of Nigeria (CBN), Godwin Emefiele, says the apex bank is not at war with the finance ministry, as the bank has worked hard to complement the fiscal policy of the Nigerian government. Mr Emefiele made this known in

November 16, 2021

Finance & Economy

IMF Ready To Collaborate With CBN In Sharing eNaira Experiences With Other Countries – Economist

The International Monetary Fund (IMF) is ready to collaborate with the Central Bank of Nigeria (CBN) on data analysis, cross-country studies, sharing the eNaira experience with other countries, and discussing further evolution of the eNaira including its design, regulatory framework, and other

November 16, 2021

Finance & Economy

Lagos-based TeamApt To Raise US$1bn, Targets Over 350 Million Africans

In its determination to provide financial access to the over 350 million Africans who are currently financially underserved,Nigerian technology startup TeamApt Limited is in the market raising its third round of funding at a value of more than US$1 billion. This, market

November 16, 2021

Finance & Economy

Alleged N1.4bn Oil Subsidy Fraud: Court Admits More Evidence Against Nadabo Energy Boss

The ongoing trial of Abubakar Ali Peters and his company, Nadabo Energy Limited, for an alleged N1.4billion fraud, before Justice C.A. Balogun of the Lagos State High Court sitting in Ikeja, Lagos continued on Tuesday, November 16, 2021, with the Court admitting

November 16, 2021

Lagos Serial Building Collapse, Ethnic Politics And Igbo Outcry

News·Real Estate

How Lagos Can Tackle Building Collapse -Canada-based Engineer

CANADA-BASED Structural Engineer, Ben Ezenta, has stated that resolving the problem of building collapse which has been recurring in different parts of Nigeria, needs a holistic approach as there are many factors causing the disaster.

November 16, 2021

African Development Bank Group has approved a grant of $1.5 million to Mozambique

Africa·Finance & Economy·News

AfDB’s Financial Contribution For Local Content, Job Creation In Mozambique Hits $2.5M

The African Development Bank Group has approved a grant of $1.5 million to Mozambique to boost the development of local content. The grant is earmarked for Small and Medium-sized Enterprises (SME) targeting local content and women-owned business in the natural resources sector

November 16, 2021

Finance & Economy

Unity Bank Records Seven Percent Growth In Q3, Amidst Macro-economic Challenges

Unity Bank Plc has recorded gross earnings of N36.18 billion for the nine-months ending September 30, 2021,representing a 7 percent growth from the N33.8 billion it achieved in the corresponding period of 2020. The lender’s profit before tax also rose by

November 15, 2021

Finance & Economy

FITCH RATINGS: Climate Change’s Credit Implications For Structured Finance Visible In 10 years

Climate change’s credit implications for structured finance (SF) could be visible in transactions issued within the next 10 years, according to Fitch Ratings. Existing Structural Finance notes benefit from mitigants that should insulate their ratings from climate-related risks could increase arrears and

November 15, 2021

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

U.S. President Donald Trump has threatened to impose 100 per

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Nigeria’s customs authority has introduced new rules for courier companies

Behind the Geregu Power Sale: Politics and a $750m Deal

The sale of Geregu Power, one of Nigeria’s largest electricity

Recapitalisation: UBA Extends Deadline For Rights Issue

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

United Bank for Africa (UBA) has successfully concluded its rights

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Finance & Economy - Page 283

What Nigeria’s 15.10% Inflation Rate Drop Means

RIMAN Advises Banks To Embrace Best Risk Management Practices

Ecobank Announces First Set Of Weekly Beneficiaries In Super Rewards Season 2

CBN Not At War With Ministry Of Finance -Emefiele

IMF Ready To Collaborate With CBN In Sharing eNaira Experiences With Other Countries – Economist

Lagos-based TeamApt To Raise US$1bn, Targets Over 350 Million Africans

Alleged N1.4bn Oil Subsidy Fraud: Court Admits More Evidence Against Nadabo Energy Boss

How Lagos Can Tackle Building Collapse -Canada-based Engineer

AfDB’s Financial Contribution For Local Content, Job Creation In Mozambique Hits $2.5M

Unity Bank Records Seven Percent Growth In Q3, Amidst Macro-economic Challenges

FITCH RATINGS: Climate Change’s Credit Implications For Structured Finance Visible In 10 years

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Political Heavyweights Visit El-Rufai, Call for Respect for Rule of Law

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Trump Threatens 100% Tariffs on Canadian Goods Over China Trade Deal

Nigeria Tightens Rules for Courier Companies Using Prepaid Imports

Behind the Geregu Power Sale: Politics and a $750m Deal

UBA Hits Billion-Naira Milestone: Rights Issue Success Pushes Capital Base Above ₦500bn

4 Suspects Now in Custody Over Murder of Nigerian E-Hailing Driver in Pretoria

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