Finance

CBN new Rule Exposes 321,181 Dormant Bank Accounts Nationwide

Access, Fidelity rank tops amongst four banks BY Bonny Amadi A new rule by Nigeria’s apex bank, the Central Bank of Nigeria...

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Fidelity Bank’s 2025 FY marred by Operating costs, Derivative losses, margin pressure

As FX gains, Top line peaks Fidelity Bank Plc 2025 financial year result re- leased recently showed a mixed performance. The bank...

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Dangote targets $50bn refinery valuation ahead of planned IPO

Aliko Dangote, Africa’s richest man, is reportedly targeting a valuation of up to $50 billion for his refinery business ahead of the...

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Heirs Insurance Leads Africa’s Insurance Revolution

With Nigeria’s First Multi-Language GenAI Assistant Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has announced the launch of its multi-language generative AI...

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Unity Bank Disburses Over N500m Via SHOCOF to Support Traders

As part of efforts to promote SMEs and strengthen support for operators in the in‑ formal sector, Unity Bank has continued to...

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AfDB approves $61m package to boost women-led businesses in Nigeria

The Board of Directors of the African Development Bank Group (AfDB) has approved a $61 million financing package for the Development Bank...

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Investors Pour Over N5tn into Bills Market

As Liquidity Glut Meets Aggressive CBN Mop-Up BY BONNY AMADI Nigeria’s money market remained highly liquid over the past week despite aggressive...

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AfDB Boosts partnership with Germany to advance Africa’s railway infrastructure

The African Development Bank (AfDB) Group is deepening its partnership with Germany to advance modern, sustainable, and integrated transport systems across the...