Category: Business
Wema Bank Launches Final Phase of Capital Raise Exercise
Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, Wema Bank, has announced that it will be completing its capital raise [more…]
Federal Government Introduces Two New Savings Bonds
FILES: Naira notes The Federal Government is offering two new Savings Bonds through the Debt Management Office. A statement by the DMO listed the [more…]
Senate Begins ₦49.7tn Budget Defence, Targets Jan 31 Passage
FILE: The Nigerian Senate The Chairman of the Senate Committee on Appropriations, Adeola Olamilekan, has affirmed January 31, 2025, as a provisional date for the [more…]
CBN: FG’s Borrowing Pushes Money Supply Up 51% to ₦108.96tn
FILES: Naira notes Riding on the back of domestic borrowings by the Federal Government from the private sector, Nigeria’s Broad Money Supply (M2) increased [more…]
CBN Reports Growth in Nigeria’s Economy for Q3 2024
Photo illustration of CBN Governor, Yemi Cardoso, and CBN logo The economy grew by 3.46 per cent in Q32024, with output reaching ₦20.115 trillion, [more…]
SERAP Demands Reduction of N9.4bn Presidency Expenses, N344bn NASS Budget
Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Godswill Akpabio, and Speaker of the House of Representatives, Tajudeen Abbas “to cut the [more…]
CBN Approves $25,000 Weekly for BDCs to Address Yuletide Demands
US dollar notes. The Central Bank of Nigeria has granted temporary permission to Bureau de Change operators, to purchase up to $25,000 in foreign [more…]
Wema Bank Clinches Overall Winner Title for the Third Time at 2024 Nigeria Bankers’ Games
Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, Wema Bank has reaffirmed its dominance by emerging as the Overall Winner [more…]
Wema Bank Awards N145 Million to Seven Exceptional Innovators at Hackaholics 5.0 Grand Finale
Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has successfully concluded the 5th edition of its Hackaholics initiative, [more…]
FCMB and Others Sealed Over N100 Billion Tax Liabilities
Activities came to an unusual end this morning, at the First City Monument Bank located along Yakubu Gowon Way, Kaduna as the bank was sealed [more…]
