Money
11 Mar 2024
After a riotous February, naira seems to be on a new price-discovery path even as multiple estimates agree the currency is currently trading below its “fair value”, suggesting a significant appreciation that will raise the exchange rate to about N1400/$ before the end of the year.
23 Feb 2024
Nigeria, like many other nations, is currently undergoing a transformative digital financial revolution that holds immense promise for financial inclusion and economic growth. However, with this surge in digital financial services comes an escalating need for robust security measures to safeguard against illicit financial activities. In this rapidly evolving landscape, the role of financial risk…
2 hours ago
Oando Plc has announced a strong financial performance for last year's financial result with a 45 per cent growth in revenue to N4.1 trillion.
3 hours ago
President of the Association of Bureaux de Change Operators of Nigeria (ABCON), Dr Aminu Gwadabe, has attributed the currency rally of naira to market reforms embarked on by the Central Bank of Nigeria (CBN).
3 hours ago
Bulls sustained dominance in the equities sector of the Nigerian Exchange Limited (NGX) as the 2024 rally rolled into 2025, with investors gaining N1.94 trillion in January.
3 hours ago
Aradel Holdings Plc has announced its audited financial results for the year ending on December 31, showing resilience in bottom-line and top-line metrics.
4 hours ago
The National Pension Commission (PenCom) said pension assets rose by N2.4 trillion in 2024, from N19.53 trillion in January 2024 to N21.92 trillion as of the last quarter of 2024.
4 hours ago
NGX Regulation Limited (NGX RegCo), the independent regulation subsidiary of Nigerian Exchange Group and the Economic and Financial Crimes Commission (EFCC) have called for an enhanced partnership that would pave the way for efficient market surveillance and help combat financial crimes in Nigeria's digitalised capital market.
4 hours ago
The National Insurance Commission (NAICOM) has given life insurance operators six months to comply with a new annuity guideline released by the commission.
1 day ago
Determined to boost financial inclusion and saving culture in Nigeria, Ecobank has rewarded four customers with N2 million each at the grand finale of the ‘Ecobank Super Rewards, the Millionaire Geng season held in Lagos at the weekend. Indeed, Ecobank is changing the financial landscape in Nigeria with its Super Rewards with millions in cash prizes. The…
2 days ago
The Nigerian stock market has entered a new era of stability and growth as the 37 percent growth in the market index in 2024, coupled with the sustained rally in 2025, has been largely driven by strong participation from local retail and institutional investors, the Managing Director of Arthur Stephen Asset Management Limited, Olatunde Amolegbe has said.
2 days ago
..As firm targets cost optimisation, efficiency others to consolidate performance Oando Plc, Africa’s leading integrated energy company listed on both the Nigerian Exchange Grpup (NGX) and Johannesburg Stock Exchange (JSE), announced a strong financial performance for the Full Year (FY) 2024 as the company's Profit After Tax (PAT) hits N65 5 billion. The company also…