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Finance
828 posts
CBN okays weekly FX Sale of $150k to each BDC
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN) said it has approved the participation of licensed…
Cardoso reaffirms commitment to financial sector reform, long-term capital
By Tochukwu Bliss, Abuja The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the…
First HoldCo grows gross earnings to N3.4trn in 2025
By Stanley Onyeka, Lagos First HoldCo Plc has announced a record 4.8% year-on-year (y-o-y) increase in its Gross…
NGX, DEG advance net-zero transition to unlock climate capital
Nigerian Exchange Group (NGX Group), in partnership with DEG, Germany’s development finance institution, and Africa Foresight Group (AFG),…
Nigeria exits EU high-risk AML list, wins major global endorsement
Nigeria has achieved a major international milestone in its campaign against money laundering, terrorist financing and proliferation financing.…
Heirs Energies, Afreximbank seal $750m financing to drive long-term growth
By Izuchukwu Mayor, Lagos Heirs Energies Limited, an indigenous integrated energy company, yesterday, said it has executed a…
CBN licenses 82 BDCs under revised guidelines
By Tochukwu Bliss, Abuja The Central Bank of Nigeria (CBN), has granted Final Licenses to 82 Bureaux De…
CAC moves against illegal PoS operators, sets Jan. 1 compliance deadline
The Corporate Affairs Commission (CAC) has announced a nationwide enforcement exercise to end the operations of unregistered Point-of-Sale…
NGX says reforms set to strengthen Nigeria’s investment climate
Chairman, Nigerian Exchange Group (NGX), Dr Umaru Kwairanga, says ongoing regulatory reforms are positioning țhe nation’s capital market…
First HoldCo sells FBNQuest Merchant Bank to EverQuest
By Izuchukwu Mayor, Lagos First HoldCo Plc, yesterday, announced the successful completion of sale of its 100% ownership…