Weekly update
Weekly Newsletter
Excepteur sint occaecat cupidatat non proident
CBN
CBN holds key rates steady in 303rd MPC meeting amid easing inflation pressures
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria’s (CBN’s) Monetary Policy Committee (MPC) has opted for continuity in its 303rd...
CBN declares Zuldal Microfinance Bank illegal
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has issued a firm disclaimer against an entity masquerading as “Zuldal...
Shareholders’ vote of confidence: What it means for Providus-Unity bank deal, market confidence
By Chioma Obinagwam Shareholders and Boards of Directors of Providus Bank and Unity Bank unanimously approved a business combination of the two institutions...
CBN eyes rate cut: What lower borrowing costs could mean for SMEs, households
As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) meets on Monday, anticipation is running high. For the first time in nearly...
What 121.97% oversubscription says about Stanbic IBTC’s market appeal
By Chioma Obinagwam Stanbic IBTC Holdings Plc’s recent N148.7 billion Rights Issue, which raised N181.4 billion, achieved a remarkable 121.97% oversubscription, reflecting robust...
IMF endorses Nigeria’s reform path as recovery deepens
By Joan Chioma Obinagwam The International Monetary Fund’s (IMF) latest Article IV Consultation highlights a turning point for Nigeria’s economy. Years of instability...
Nigeria’s private sector lending slows, bourse transactions spike
Data from Nigeria’s apex bank, Central Bank of Nigeria (CBN), shows that Credit to the Private Sector (CPS) grew by 4.7% year-on-year to...
CBN denies claims of BDC recapitalisation deadline extension
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has refuted claims circulating in the media that it extended the...
SEC highlights dangers of Ponzi schemes, advocates for investor awareness and protection
By Chioma Obinagwam The Securities and Exchange Commission (SEC) has issued a fresh alert on the dangers of Ponzi schemes, emphasizing their severe...
Don't Miss
Trust Loop, Cubbes Technologies win big at Zenith Bank Tech Fair 2025
By Chioma ObinagwamZenith Bank Plc successfully concluded the fifth edition of its annual Zenith Tech Fair, themed “Future Forward 5.0: Tech for Success...
How Ebuka Onuorah was suspended as EBU-Nigeria President General over alleged embezzlement, land grabbing scandal
By Chioma ObinagwamThe Central Executive Committee of the Enugwu-Agidi Brotherly Union (EBU-Nigeria) has suspended its President General, Mr. Ebuka David Onuorah, with immediate...