Business
Sterling financial records 31% revenue growth in H1’26
…Balance sheet nears N5 trillion By Babajide Komolafe Sterling Financial Holding Company Limited has recorded a 31.5 per cent growth in gross earnings to N279. 6 billion in the half-year ended
Stock market reverses rally as investors lose N1.3trn in one week
… Despite N11.1trn July gain By Peter Egwuatu Nigeria’s stock market reversed course last week as widespread profit-taking erased N1.261 trillion from investors’ portfolios, ending the week in negative territory after
Digital Finance growth outpaces confidence — Bridgforte
*Unveils Trust Lab, governance framework By Babajide Komolafe The rapid growth in digital finance is outpacing public confidence in the financial ecosystem, prompting the Bridgforte Centre for Global Impact to
Enoh hails Dangote as Nigeria’s industrial champion
The Minister of State for Industry, John Enoh, has described Aliko Dangote as Nigeria’s “foremost industrialist” and the driving force behind the successful launch of the Nigeria Industrial Policy (NIP), even
Otedola acquires additional N222bn FirstHoldco shares, now controls 26%
By Peter Egwuatu Femi Otedola, Chairman of First HoldCo, parent company of First Bank, has bought additional 1.779 billion shares of the company worth N222.209 billion. According to a statement signed by the
ATM transactions rise 208% to N89trn
By Elizabeth Adegbesan The value of Automated Teller Machines (ATM) transactions grew sharply by 208.4 percent year-on-year (YoY) to N89.12 trillion in 2025 from N29.12 trillion in 2024. The Central
ATM transactions rise 208% to N89trn
By Elizabeth Adegbesan The value of Automated Teller Machines (ATM) transactions grew sharply by 208.4 percent year-on-year (YoY) to N89.12 trillion in 2025 from N29.12 trillion in 2024. The Central
FG’s crude export earnings dip 14% to $31.54bn in 2025 — CBN
By Ediri Ejoh The Federal Government’s (FG) crude oil export earnings fell 14.41 percent to $31.54 billion in 2025 from $36.85 billion recorded in the corresponding period of 2024. The drop
Bank customers’ complaints rise 11% as CBN orders N19bn refunds
•Slams N1.69bn penalties on banks’ breaches By Babajide Komolafe Bank customers lodged 23,129 complaints against financial institutions in 2025, representing 11 per cent increase over the previous year, prompting the Central
NIA engages states on implementation of motor insurance policy’
The Nigerian Insurers Association (NIA) has engaged Lagos and other states on the enforcement of motor insurance through its licensing offices. The post NIA engages states on implementation of motor
