Economy

CBN Retains Interest Rate at 26.5% as Global Risks Delay Further Easing

is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst with over 20…

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IMF Warns Africa’s AI Growth Dividend Could Fall to Just 0.2%

Sub-Saharan Africa could derive almost no meaningful economic benefit from artificial intelligence over the next decade unless governments address persistent…

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FirstBank Takes Diaspora Banking Services to Maryland, Atlanta and Houston

FirstBank has announced plans to provide in-person banking services to Nigerians living in the United States through a summer outreach…

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First HoldCo Profit Jumps 82% to ₦526 Billion as Trading Gains Offset Weak Interest Income

First HoldCo Plc recorded an 81.6 percent increase in profit to ₦526.13 billion for the six months ended June 30,…

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Ecobank Schedules August 13 EGM to Consider Articles of Association Amendments

Ecobank Transnational Incorporated has scheduled an Extraordinary General Meeting for August 13, 2026, to seek shareholders’ approval for proposed amendments…

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NRS Sets July 31 Deadline for Large Taxpayers to Adopt E-Invoicing System

The Nigeria Revenue Service (NRS) has commenced compliance monitoring for large taxpayers under the National E-Invoicing and Electronic Fiscal System…

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FirstBank Confirms FirstMobile Service Disruption, Directs Customers to Alternative Channels

FirstBank has confirmed a service disruption affecting transactions on its FirstMobile application, leaving some customers unable to complete digital banking…

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ECOWAS Backs $25 Billion Nigeria–Morocco Gas Pipeline

Member states of the Economic Community of West African States have endorsed the proposed $25 billion Nigeria–Morocco Atlantic Gas Pipeline…

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CBN Begins Two-Day MPC Meeting as External Risks Cloud Rate Cut Outlook

The Central Bank of Nigeria (CBN)’s Monetary Policy Committee commenced its two-day meeting on Monday as policymakers assess whether easing…

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Pension Assets Rise 51% as Contributors Reach 11.32 Million

Nigeria’s pension assets have climbed to ₦31.48 trillion after expanding by approximately 51 per cent over two years, strengthening the…

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