EFCC Tackles Banks In N18.7b Fraudulent Investment, Airline Discount Schemes

EFCC Tackles Banks In N18.7b Fraudulent Investment, Airline Discount Schemes

The Economic and Financial Crimes Commission, EFCC, has raised the alarm about negligence and compromise of banks and Fintechs in two major fraudulent schemes that have cost victims a total sum of N18.7billion.The alarm was raised in Abuja on Thursday,...
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NCS, WCO, World Bank Accelerate Trade Facilitation Programme In Nigeria

NCS, WCO, World Bank Accelerate Trade Facilitation Programme In Nigeria

The Nigeria Customs Service (NCS), in collaboration with the World Customs Organisation (WCO) and the World Bank Group (WBG), has commenced the WCO Accelerate Trade Facilitation Programme as part of sustained efforts to strengthen trade facilitation, enhance c...
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Unity Bank Unveils Enhanced Unifi Mobile App

Unity Bank Unveils Enhanced Unifi Mobile App

Unity Bank Plc has launched an upgraded version of its mobile banking platform, Unifi, as part of ongoing efforts to improve customer experience on the Bank’s digital Banking platform and reinforce its proposition in ebusiness.A statement explained that ...
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At NGX Climate Roundtable, Seplat Energy Champions Net-Zero Pathways

At NGX Climate Roundtable, Seplat Energy Champions Net-Zero Pathways

By ebosele@hotmail.com – Seplat Energy Plc has reiterated that oil and gas will continue to play a critical role in Nigeria’s energy mix, while stressing the need for operators to conduct their activities responsibly, efficiently, and sustainably.This ...
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Stocks Close Higher As NGX Records N30b Gain

Stocks Close Higher As NGX Records N30b Gain

The Nigerian stock market rebounded on Friday, recovering from the previous session’s downturn as investors’ portfolios appreciated by about N30 billion.The positive performance was driven by gains in stocks such as Red Star Express, NCR Nigeria, SCOA and ...
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IGP, SEC DG Reaffirm Commitment To Inter-Agency Collaboration

IGP, SEC DG Reaffirm Commitment To Inter-Agency Collaboration

The Inspector-General of Police (IGP), Kayode Egbetokun, on Wednesday received the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, and members of his management team on a courtesy visit to the Nigeria Police Force Headqua...
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EFCC Hands Over Recovered N802.4m To First Bank

EFCC Hands Over Recovered N802.4m To First Bank

The Benin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday, January 12, 2026 handed over the sum of N802,420,000( Eight Hundred and Two Million, Four Hundred and Twenty Thousand Naira only) to First Bank Nigeria.The money...
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United Capital Boosts Infrastructure Fund With Four Senior Professionals

United Capital Boosts Infrastructure Fund With Four Senior Professionals

United Capital Plc has appointed four seasoned infrastructure investment professionals as independent members of the Investment Committee of the United Capital Infrastructure Fund (UCIF), in a move aimed at repositioning the fund to seize emerging infrastructu...
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Nigerian Stock Market Sustains Growth With N138b Gain

Nigerian Stock Market Sustains Growth With N138b Gain

The stock market on Thursday sustained its upward trend, with market capitalisation rising by N138 billion, or 0.13 per cent, to close at N102.822 trillion.The benchmark opened trading at N102.684 trillion, reflecting continued investor confidence and extendin...
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Tinubu Applauds NGX N100trillion Milestone

Tinubu Applauds NGX N100trillion Milestone

President Bola Tinubu has praised corporate Nigeria, citizens, and other stakeholders in the Nigerian capital market for surpassing the N100 trillion milestone on the Nigerian Exchange (NGX).President Tinubu described this record achievement as an inspiration ...
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FirstBank Meets CBN’s ₦500b Capital Requirement

FirstBank Meets CBN’s ₦500b Capital Requirement

By ebosele@hotmail.com. — First HoldCo Plc has announced that its commercial banking subsidiary, First Bank of Nigeria Limited (FirstBank), has successfully met the Central Bank of Nigeria’s (CBN) minimum capital requirement of ₦500 billion.The miles...
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NGX Market Capitalisation Attains ₦100 Trillion Milestone

NGX Market Capitalisation Attains ₦100 Trillion Milestone

Nigerian Exchange (NGX) opened the year on a strong footing, with equities market capitalisation crossing the ₦100 trillion mark, buoyed by renewed investor demand and broad-based gains across listed stocks.Market data showed that equities market capitalisat...
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FirstBank Hosts Nigeria Economic Outlook 2026

FirstBank Hosts Nigeria Economic Outlook 2026

By ebosele@hotmail.com. – FirstBank has concluded plans to host Nigeria Economic Outlook 2026 on Tuesday, 6 January 2025.City Business News reports that the theme of the session is “The Great Calibration: Mastering Resilience in an Era of Asynchronous ...
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2026: SEC To Prioritise Mobilisation Of Long Term Funds, Others

2026: SEC To Prioritise Mobilisation Of Long Term Funds, Others

The Securities and Exchange Commission (SEC) has said that it is prioritizing the mobilisation of long-term capital to bridge Nigeria’s infrastructure and sectoral gaps while also streamlining regulatory frameworks and aggressively facilitating the issuance ...
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