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Bank

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

NCR Tops NGX Gainers, RT Briscoe Leads Losers’ List

The market capitalisation of the Nigerian Exchange (NGX) Limited closed at N91.41 trillion on Friday, November 21, below the N91.71 trillion reported on Thursday, November 20. Also, the all-share index (ASI) declined to 143,722.62 ASI, from 144,187.03 ASI, indicating a drop of

November 21, 2025

Business·Top Stories

NGX Rebounds With N79.61bn Gain

The stock market capitalisation of the Nigerian Exchange Limited (NGX) marginally increased by N79.61 billion to N92.29 trillion on Monday, August 11, from N92.21 trillion reported on Friday, August 8. Similarly, the all-share index (ASI) expanded by 125.86 basis points to 145,880.77

August 11, 2025

Business·Top Stories

Tony Elumelu, Segun Agbaje, Five Other Bank Majority Shareholders Gained N372bn In H1 2025

Over N372.57 billion was made by Tony Elumelu, Jim Ovia, Segun Agbaje, Nneka Onyeali-Ikpe, Abolanle Matel-Okoh, Stanbic Africa Holdings, and Police Cooperatives Society Ltd between January and June 2025. The six investors were the only majority shareholders who recorded a growth in

August 7, 2025

Business·Top Stories

Five Best-Performing Banks In Nigeria – By Deposit Growth In Q1 2025

NPF Microfinance Bank, Fidelity Bank, Ecobank, Stanbic IBTC, and Zenith Bank made it into the best-performing banks by deposit growth in the first quarter (Q1) of 2025. According to findings, there are 13 banks, including microfinance banks, whose financial records are made

June 27, 2025

Business·Top Stories

Mike Adenuga’s Investment In Sterling Bank’s Parent Company Drops By N615m

The investment of Mike Adenuga, the founder of Globacom, in Sterling Financial Holdings Company Plc, parent company of Sterling Bank, dropped in the first quarter (Q1) of 2025, according to analysis by Prime Business Africa. Adenuga, who is a substantial shareholder in

May 19, 2025

Business·Top Stories

Fidelity Bank Generates N315bn In Three Months, Profit Up By 189%

Fidelity Bank’s gross earnings increased by 64.20 per cent quarter-on-quarter to N315.42 billion in the first quarter (Q1) of 2025, from N192.08 billion generated in the same period in 2024. The company’s turnover was driven largely by interest income, which grew to

May 5, 2025

Business·Top Stories

GTCO, Wema Bank… Five Best-Performing Bank Stocks

At the end of the first quarter (Q1) of 2025, the market valuation of Nigerian banks appreciated by 6.24 percent, according to analysis by Prime Business Africa. The publication gathered that the market valuation increased to N11.22 trillion from N10.56 trillion between

April 29, 2025

EFCC Declares ex-Power Minister Wanted Over Corruption Charge

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EFCC Exposes Current ATM, PoS Scams, Advises Nigerians On How Not To Lose Money

The Economic and Financial Crimes Commission (EFCC) has uncovered prevalent sharp practices at Automated Teller Machine (ATM) galleries where fraudsters under the guise of helping confused bank customers hurriedly swap identical debit cards while memorizing the unsuspecting customers’ PINs used in trying

November 28, 2023

NIN-SIM Linkage: Poor Sensitisation, System Hitches Blamed For 72.8m Unlinked Subscribers

Business·News

Telecom Companies Threaten To Withdraw USSD Services Over Lingering N120bn Debt

Telecommunication companies in Nigeria have issued fresh threats to withdraw Unstructured Supplementary Service Data (USSD) services, adding another layer of controversy to the ongoing dispute over N120 billion owed to them by banks.

October 17, 2023

Business

IMF, US Disagree Over Global Recession Induced By Financial Crisis

The International Monetary Fund (IMF) has stated that the financial crisis in the global banking sector is increasing the possibility of global recession, but the US says otherwise on Tuesday, 11 April 2023. Although the IMF said the possibility of a recession

April 12, 2023

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Bank

NCR Tops NGX Gainers, RT Briscoe Leads Losers’ List

NGX Rebounds With N79.61bn Gain

Tony Elumelu, Segun Agbaje, Five Other Bank Majority Shareholders Gained N372bn In H1 2025

Five Best-Performing Banks In Nigeria – By Deposit Growth In Q1 2025

Mike Adenuga’s Investment In Sterling Bank’s Parent Company Drops By N615m

Fidelity Bank Generates N315bn In Three Months, Profit Up By 189%

GTCO, Wema Bank… Five Best-Performing Bank Stocks

EFCC Exposes Current ATM, PoS Scams, Advises Nigerians On How Not To Lose Money

Telecom Companies Threaten To Withdraw USSD Services Over Lingering N120bn Debt

IMF, US Disagree Over Global Recession Induced By Financial Crisis

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Tinubu Names Reno Omokri, 31 Others As Ambassadors-designate In New Diplomatic Wave of Global Alliances

Army Council Approves Strategic Promotions for 105 Senior Officers

Lady Filming Attack on ex-Governor Chris Ngige’s Convoy Shot Dead

UK Budget “Disincentivises Saving and Investing,” Warns deVere Group CEO

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Tinubu Names Reno Omokri, 31 Others As Ambassadors-designate In New Diplomatic Wave of Global Alliances

U.S. Moves to Cement Congo – Rwanda Peace as Leaders Head to Washington

FCTA Orders Staff on Grade Level 14 and Below to Surrender Smartphones During Office Hours

Obasanjo Faults Tinubu on Worsening Insecurity, Says Nigerians May Seek International Intervention

SEC Orders Full Registration of Tradable Instruments by January 2026

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

CBN Holds Interest Rate At 27% — Fourth Time In 2025

Tinubu Names Reno Omokri, 31 Others As Ambassadors-designate In New Diplomatic Wave of Global Alliances

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