Economy

Sterling Financial Holdings Company Plc Grows Q1 Profit by 36% to N23.38 Billion

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

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Jaiz Bank Plc Grows Q1 Profit to N7.85 Billion on Strong Financing Income

Jaiz Bank Plc recorded a stronger financial performance in the first quarter (Q1) of 2026 as higher financing and investment…

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First Bank of Nigeria Limited Launches Naira Visa Debit Card for Local and International Payments

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

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Africa’s Infrastructure Deficit Continues to Limit Economic Growth

Africa’s persistent infrastructure deficit continues to constrain economic growth, limit industrial expansion and weaken the continent’s ability to create jobs…

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Tony O. Elumelu Says Africa Must Shift From Aid Dependency to Economic Prosperity Agenda

Tony O. Elumelu has called for a fundamental shift in Africa’s development strategy, urging leaders and global partners to move…

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Nigeria’s Inflation Pressure Persists Despite Sharp Drop in Monthly Inflation Rate

Nigeria’s headline inflation rate rose to 15.69 percent in April 2026 from 15.38 percent recorded in March 2026, signaling that…

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Universal Insurance Seeks Fresh Capital Through 2.67 Billion Share Rights Offer

Universal Insurance Plc has launched a rights issue of 2.67 billion ordinary shares valued at approximately N3.2 billion as the…

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Shell Payments to Nigeria Drop 50% to $2 Billion as Brazil Overtakes Country

Shell Plc reduced its payments to the Nigerian government by more than 50 percent in 2025 as Brazil emerged as…

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Access Holdings Insiders Acquire 8.6 Million Shares in Fresh Confidence Signal

The transactions, which were executed on May 11, 2026, involved senior staff and a director of Access Bank Plc, a…

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Access Bank, Fidelity, Stanbic and Union Bank List 321,181 Dormant Accounts

Four major Nigerian banks have released records of more than 321,000 inactive accounts in compliance with new regulatory requirements introduced…

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