Business
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
Kwara spends N20b on pensions, gratuities in two years
The Special Adviser on Strategy to Gov. AbdulRahaman AbdulRazaq, Sa’adu Salahu, disclosed this on Sunday during an award programme organised by ‘ Friends of AbdulRahaman AbdulRazaq’ in Ilorin, the state
NITAD Pledges Expanded Training, Development Programme For Professionals
The Nigerian Institute of Training and Development (NITAD) has initiated moves to expand the profile of its statutory mandate to promote human capital development in the country. Under the initiative,
CIBN donates six lecture halls to banking, finance faculties
The Chartered Institute of Bankers of Nigeria (CIBN) has announced the approval to build mini lecture halls for selected departments of banking and finance of six Nigerian tertiary institutions. The
Insurers eye high-revenue investments with recapitalisation funds
Insurance companies are exploring high-yield investment windows to utilize the money raised through the suspended insurance recapitalisation, The Guardian has learnt. The post Insurers eye high-revenue investments with recapitalisation funds
