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Sterling Bank has eliminated transfer fees on its digital banking platform in a significant move that changes the dynamics of the Nigerian banking sector. This decisive move makes Sterling the first major Nigerian bank to forgo earning a cut from ...

The Dangote Refinery has notified marketers and customers of a reduction in its the price of Premium Motor Spirit (PMS) popularly called petrol at the point of loading from the refinery’s gantry from N880 to N865 per litre. The refinery notified its ...

The eagerly awaited Lagos edition of the Corporate Stars League (CSL) is set to kick off on April 19, uniting some of Nigeria’s most prominent corporate brands for an innovative blend of sport, strategy, and employee engagement. Led by 5Stars ...

The African Digital Economy & Inclusivity Conference (AFDEIC 2025) has been announced and is set to be held in Abuja, Nigeria, from August 12 to 14, 2025. The event is expected to bring together government officials, policymakers, business leaders, tech ...

National Pension Commission (PenCom) has mandated Pension Fund Administrators (PFAs) and Fund Custodians (PFCs) to approve and pay pension benefits to eligible applicants within three working days of receiving applications from them. The pension watchdog also said effective from 1st ...

Bearish sentiments persisted on the local equities market last week, with the overall capitalisation declining for four out of the five trading sessions, accumulating a total decline of N476 billion. The All-Share Index closed lower by 1.19 per cent week-on-week ...

Standard Chartered has announced adopting the International Chamber of Commerce’s (ICC) recently published industry Principles for Sustainable Trade Finance. The move makes Standard Chartered the first international bank to confirm its Sustainable Trade Finance solutions’ alignment with the recently announced global ...

Reinforcing its reputation as an institution committed to empowering Small and Medium-scale Enterprises (SMEs), Wema Bank has undertaken an initiative to empower 800,000 Nigerian businesses, following its Memorandum of Understanding (MoU) signing with Small and Medium Enterprise Development Agency of ...

A total sum of N 1.703 trillion, being January 2025 federation account revenue, has been shared to the federal, State and local governments in the country by the Federation Account Allocation Committee (FAAC). The outcome of the FAAC meeting was ...

The federal government has spent about $8 billion to stabilise the exchange rate of the Naira to the US dollar at its current levels. Managing director/CEO of Lagos-based Financial Derivatives Company, Bismarck Rewane, who revealed this, attributed the steady appreciation ...