2 h. ago NGX Group reports 157.3 percent surge in PBT to N13.6bn in 2024

Tribune Online NGX Group reports 157.3 percent surge in PBT to N13.6bn in 2024 Board approves N4.4bn dividend for shareholders NIGERIAN Exchange Group Plc (NGX Group) has announced its audited financial results for the year ended 31 December 2024, delivering a record-breaking profit before tax (PBT) of N13.6 billion, marking an impressive 157.3 percent year-on-year growth. This strong performance was driven by robust revenue expansion, strategic cost optimisation, and […] NGX Group reports 157.3 percent surge in PBT to N13.6bn in 2024 Tribune Online

Politics

5 h. ago MPC’s bold pause: Pivoting Nigeria’s economy from stability to growth

Tribune Online MPC’s bold pause: Pivoting Nigeria’s economy from stability to growth IN recent years, Nigeria has embarked on comprehensive economic reforms to stabilise financial markets, achieve exchange rate convergence, and curb inflation. At the heart of these efforts is the Central Bank of Nigeria (CBN), working in synergy with fiscal authorities to foster macroeconomic stability and lay the groundwork for sustainable growth. In its efforts to […] MPC’s bold pause: Pivoting Nigeria’s economy from stability to growth Tribune Online

Politics

9 h. ago TAJBank’s partnership with AIFC receives Ooni’s commendation

The partnership between TAJBank Nigeria and Astana International Financial Centre, Kazakhstan, to promote non-interest banking, boost Nigeria’s merchandise trade with Asian countries, and improve the country’s foreign exchange earnings, has received commendation from the Ooni of Ife, Oba Enitan Ogunwusi. Ogunwusi, according to a statement, gave the commendation during the signing of the Memorandum of Read More

Politics

18 h. ago CBN bolsters oversight to protect Nigeria’s financial system

From Adanna Nnamani, Abuja The Central Bank of Nigeria (CBN) has reaffirmed its commitment to maintaining a transparent and resilient financial system by reinforcing regulatory compliance and risk management across Nigerian financial institutions. According to a statement from the CBN, Ms Shola Phillips, Special Adviser to the apex bank Governor on Compliance, spoke at a […] The post CBN bolsters oversight to protect Nigeria’s financial system appeared first on The Sun Nigeria.

Politics

19 h. ago CBN strengthens regulatory oversight to safeguard Nigeria’s financial system

Tribune Online CBN strengthens regulatory oversight to safeguard Nigeria’s financial system “Regulators expect financial institutions to maintain dynamic, risk-based AML/CFT programmes that are responsive to the evolving financial environment." CBN strengthens regulatory oversight to safeguard Nigeria’s financial system Tribune Online

Politics

19 h. ago Oyo, Osun customs, EFCC partner to tackle wildlife smuggling

The Oyo/Osun Area Command of the Nigeria Customs Service and the Economic and Financial Crimes Commission have joined forces to tackle illegal wildlife trafficking, a growing threat with significant economic and environmental consequences. This agreement was reached over the weekend during a courtesy visit by the Oyo/Osun Command’s Controller, Comptroller Joseph Adelaja, to the EFCC’s Read More

Politics

32 h. ago Positioning Nigeria’ Design Industry As Economic Driver Through Sustainable Financing

Though Nigeria’s design industry has potential to be a driver of economic growth, stakeholders believe it needs to be better positioned. For years, Nigeria’s economic discourse has been dominated by oil, gas, and fintech. To diversify from these, economic analysts have said the country should be looking at one of its most untapped and undervalued […]

Politics

48 h. ago NGX Group declares highest dividend in its history as FY profit surges to N13.6bn

Nigerian Exchange Group Plc (NGX Group) has released its audited financial results for the year ended December 31, 2024. It read more NGX Group declares highest dividend in its history as FY profit surges to N13.6bn

Politics

3 d. ago EFCC chair reveals he declined N500m offer during mother’s funeral

.Bemoans support for corrupt individuals in Nigerians Ola Olukoyede, executive chairman of the Economic and Financial Crimes Commission (EFCC), said read more EFCC chair reveals he declined N500m offer during mother’s funeral

Politics

3 d. ago LED billboard owners struggling with high energy cost – OAAN

Operators of LED billboard advertising in Nigeria are feeling the pinch as soaring energy costs force them to limit ad exposures, reducing the number of brands using the digital platform. Disclosing this to The PUNCH in a phone interview, President of the Out-of-Home Advertisers Association of Nigeria, Sola Akinsiku, lamented the heavy financial burden placed Read More

Economics

3 d. ago “Most Nigerians See Politics As Lucrative Business” – EFCC Boss

Chairman of the Economic and Financial Crimes Commission, Olanipekun Olukoyede has expressed displeasure over Nigerians’ approach to governance in the country. Speaking at the 38th Anti-Corruption Situation Room in Abuja on Thursday, the EFCC’s boss stated that leadership position is not as easy as people sees it. He emphasized that some individuals, who promised to […] The post “Most Nigerians See Politics As Lucrative Business” – EFCC Boss appeared first on Information Nigeria.

Politics

3 d. ago Nigerians see governance as means to make wealth – EFCC boss

Stakeholders have called for sustained efforts, collaboration, and a focus on ethics and integrity to ensure progress in the fight against corruption in Nigeria. The Chairman of the Economic and Financial Crimes Commission, Olanipekun Olukoyede; Chairman of the Independent Corrupt Practices and other Related Offences Commission, Musa Aliyu; Managing Director of the Nigerian Education Loan Read More

Politics

4 d. ago Codar Africa Announces 2025 Admissions with Scholarships Up to 50% for Tech Courses

Codar Africa, a Forbes-recognized tech training institution, has officially opened admissions for the 2025 academic year! To support aspiring tech professionals, Codar is offering up to 50% scholarships on tuition fees for qualified applicants. 🔗 Apply Now: www.codarhq.com/apply Making Tech Education Accessible In Nigeria, many individuals face barriers—financial and informational—when trying to break into tech. Read More

Politics

4 d. ago Sterling Bank and Sun King Partner to Expand Access to Solar Energy in Nigeria

[Lagos, Nigeria], January 30th, 2025 – Sterling Bank Limited, Nigeria’s leading financial institution, has announced an exciting partnership with Sun King, Nigeria’s leading home and business solar company. This partnership is designed to provide affordable solar energy products and flexible financing options to small and medium-sized enterprises (SMEs) and households across Nigeria. Sterling Bank customers Read More

Politics

4 d. ago Dangote Refinery Cuts Petrol Price To N825, Offers Nigerians Relief Amid Ramadan

In a move aimed at easing the financial burden on Nigerians, Dangote Petroleum Refinery has disclosed a significant reduction in the ex-depot price of premium motor spirit (PMS), also known as petrol. The new price of N825 per litre, revealed on Wednesday, marks the second reduction in February 2025. According to Esan Sunday, head of […] The post Dangote Refinery Cuts Petrol Price To N825, Offers Nigerians Relief Amid Ramadan appeared first on Information Nigeria.

Politics

5 d. ago Sokoto distributes foodstuffs and financial assistance to islamic leaders

From Shafa’atu Suleiman, Sokoto The Sokoto State Government has distributed foodstuffs and financial assistance to Imams, their deputies and Mu’adhins across the state to support them during the holy month of Ramadan. Governor Ahmed Aliyu, who flagged off the distribution ceremony, announced that each Imam would receive five bags of maize and N100,000, while their […] The post Sokoto distributes foodstuffs and financial assistance to islamic leaders appeared first on The Sun Nigeria.

Politics

5 d. ago Minister, FMBN To Collaborate On Housing Financing Solutions

The Honourable Minister of Women Affairs, Hajiya Imaan Sulaiman-Ibrahim, has praised the planned partnership between the Federal Ministry of Women Affairs and the Federal Mortgage Bank of Nigeria (FMBN), aimed at providing housing financing solutions that will empower women and enable them to become homeowners. The minister made the announcement on Tuesday during a visit […]

Politics

6 d. ago Sokoto distributes food items, financial assistance to Islamic leaders

From Shafa’atu Suleiman, Sokoto The Sokoto State Government has distributed foodstuffs and financial assistance to Imams, their deputies, and Mu’adhins across the state in order to support them during the holy month of Ramadan. Governor Ahmed Aliyu, who flagged off the distribution ceremony, announced that each Imam will receive five bags of maize and N100,000, […] The post Sokoto distributes food items, financial assistance to Islamic leaders appeared first on The Sun Nigeria.

Politics

6 d. ago ‘Do I look like Yahaya Bello?’ – Sowore challenges security agents in court

Former presidential candidate of the African Action Congress, Omoyele Sowore, has confronted officials of the Nigeria Police Force and the Economic and Financial Crimes Commission for preventing him from entering the premises of the Federal High Court. Sowore told the officers that he was not former Kogi State governor Yahaya Bello, who has an ongoing Read More

Politics

7 d. ago Nigeria moves closer to exiting FATF grey list as 5th progress report gets approval

From Juliana Taiwo-Obalonye, Abuja Nigeria is poised to exit the Financial Action Task Force (FATF) grey list by the end of 2025, following significant progress in strengthening its anti-money laundering and counter-terrorism financing (AML/CFT) frameworks. According to a statement by NFIU’s  Strategic Communications Office, this development was confirmed during the FATF plenary session held in […] The post Nigeria moves closer to exiting FATF grey list as 5th progress report gets approval appeared first on The Sun Nigeria.

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