Economy

Oscar Reveals He Saved Entire £150 Million China Salary, Lived Only on Match Bonuses

Former Chelsea midfielder Oscar dos Santos Emboaba Júnior has revealed that he preserved his entire salary during his eight-year spell…

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CBN Confirms Standard ₦100 Note Remains Legal Tender, Warns Against Rejection

The Central Bank of Nigeria (CBN) has reaffirmed that the standard ₦100 banknote remains legal tender across the country, warning…

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ProvidusUnity Bank, gener8tor Partner to Boost Funding Access for Nigerian Startups Through Lightning Rounds

ProvidusUnity Bank, in partnership with US-based global venture firm and accelerator, gener8tor, has announced the launch of Nigeria Lightning Rounds,…

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Nigeria Infrastructure Debt Fund Declares ₦4.40 Distribution as H1 Profit Reaches ₦10.63 Billion

The Nigeria Infrastructure Debt Fund (NIDF) has declared a ₦4.40 per unit distribution for the second quarter of 2026 after…

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Fidelity Bank Postpones 38th Annual General Meeting

Fidelity Bank Plc has postponed its 38th Annual General Meeting (AGM), which was previously scheduled to hold on Tuesday, July…

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LivingTrust Mortgage Bank Delays 2025 Audited Results Pending CBN Approval

LivingTrust Mortgage Bank Plc has announced a further delay in the release of its audited financial statements for the year…

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LivingTrust Mortgage Bank Delays 2025 Audited Results Pending CBN Approval

LivingTrust Mortgage Bank Plc has announced a further delay in the release of its audited financial statements for the year…

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Tony Elumelu to Retire as UBA Chairman After 12 Years, Emmanuel Nnorom Named Successor

United Bank for Africa (UBA) Plc has confirmed that its Group Chairman, Tony Elumelu, will retire after completing a 12-year…

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2027 Election Activities Pose Fresh Risks to Nigeria’s Economy, CPPE Says

The Centre for the Promotion of Private Enterprise (CPPE) has cautioned that the build-up to Nigeria’s 2027 general elections could…

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CBN Withdraws Operating Licences of 46 Microfinance Banks

The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks (MFBs) with effect from July…

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