Eight Nigerian Banks See Market Value Surge to ₦7.2 TrillionAs of December 24, 2024, the total market capitalization of eight major Nigerian banks rose to ₦7.20 trillion, reflecting a ₦109.10 bi...
CBN’s Rising MPR: Fighting Inflation or Straining Growth? The Central Bank of Nigeria (CBN) has consistently increased the Monetary Policy Rate (MPR) since February 2024 to combat runaway infla...
NGX Cracks Down: 3,792 Sanctions Issued Over 13 Years Key Highlights• The Nigerian Exchange Group (NGX) has imposed 3,792 regulatory sanctions on stockbroking firms between 2011 and 2023.• 19...
Nigeria’s Inflation Rate Surges to 34.60% in November 2024 The National Bureau of Statistics (NBS) has reported a further increase in Nigeria’s inflation rate, which rose to 34.60% in Novembe...
ASSIBIFI Advocates Worker Protection Amid Banking Sector Recapitalisation The ongoing recapitalisation in Nigeria’s banking sector is reshaping the industry, and the Association of Senior Staff...
Bridging the Gap: NGX Chair Calls for More Nigerian Investors in the Capital Market Details:The Chairman of the Nigerian Exchange Group Plc, Umaru Kwairanga, has expressed concern over the low pa...
Transforming Nigeria’s Insurance Sector: Experts Push for Policy Overhaul in 2025 ✨Detailed Breakdown of the News:The Call for Policy Reforms ️At the 2024 Business Journal Annual Lecture, indust...
Crisis at First Bank: Otedola Enforces Discipline Following Extravagant Send-Off for Ex-MDThe Breakdown:1. Key Players and Incident:• Femi Otedola, the chairman of First Bank’s holding company, di...
Nigeria’s One-Year T-Bill Hits Record N2.53 Trillion Bid! The Nigerian treasury bill (T-bill) auction on December 4, 2024, saw unprecedented investor demand for its one-year offering, breaking ...
Senate Advances Investment & Securities Bill 2024: Boost for Nigeria’s Capital MarketDetailed BreakdownKey Highlights from the Bill’s Second Reading• The Investments and Securities Bill (ISB...