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Category: Finance

Stock Market Drops by N395bn as Investors Intensify Profit-taking
FinanceNews

Stock Market Drops by N395bn as Investors Intensify Profit-taking

NEWS BAR NGJanuary 26, 2026

The Nigerian stock market last week recorded its first weekly negative performance, extending its losing streak as investor sentiment weakened…

CBN Urges Banks to Ensure Fraud Reduction, Enforce 30-minute Response Rule
FinanceNews

CBN Urges Banks to Ensure Fraud Reduction, Enforce 30-minute Response Rule

NEWS BAR NGJanuary 22, 2026

The Central Bank of Nigeria (CBN) has challenged banks and payment service providers to commit to measurable reductions in electronic…

Wema Bank Upgrades ALAT Banking App to Voice Banking, Tap & Pay, Uptime Prediction
FinanceNews

Wema Bank Upgrades ALAT Banking App to Voice Banking, Tap & Pay, Uptime Prediction

NEWS BAR NGJanuary 12, 2026

Wema Bank Plc has launched the upgraded version of its flagship digital banking platform, ALAT by Wema. Designed as the…

Subscription to T-Bills Tops N1.5trn at First 2026 Auctions on Massive Demand
FinanceNews

Subscription to T-Bills Tops N1.5trn at First 2026 Auctions on Massive Demand

NEWS BAR NGJanuary 12, 2026

Investors’ appetite remained strong at the Central Bank of Nigeria’s (CBN) first Treasury bills auction of 2026, with subscriptions rising…

Solid Minerals Delivered N63.92bn to Federation Account in 11 Months
FinanceNews

Solid Minerals Delivered N63.92bn to Federation Account in 11 Months

NEWS BAR NGDecember 31, 2025

Nigeria’s solid minerals sector remitted a total of N63.92 billion into the Federation Account over the January to November 2025…

Tax Ombudsman to Launch January 1, Pledges Impartiality, Fairness to Taxpayers
FinanceNews

Tax Ombudsman to Launch January 1, Pledges Impartiality, Fairness to Taxpayers

NEWS BAR NGDecember 30, 2025

Pioneer Tax Ombud and Chief Executive, Office the Tax Ombud, Dr. John Nwabueze, yesterday declared that the institution will commence…

FCMB Pensions Pays N200bn to Retirees, Drives Personal Pension Plan as AUM Hits N1.1tn
BusinessFinanceNews

FCMB Pensions Pays N200bn to Retirees, Drives Personal Pension Plan as AUM Hits N1.1tn

NEWS BAR NGDecember 16, 2025

Managing Director/Chief Executive, First City Monument Bank (FCMB) Pensions Limited, Mr. Christopher Bajowa, yesterday disclosed that the company has so…

UBA Group Dominates 2025 Banker Awards, Emerges Africa’s Bank of the Year for Third Time in Five Years
BusinessFinanceNews

UBA Group Dominates 2025 Banker Awards, Emerges Africa’s Bank of the Year for Third Time in Five Years

NEWS BAR NGDecember 8, 2025December 8, 2025

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has once again, reaffirmed its leadership as one of the continent’s…

Nigeria’s Stock Market Tumbles, Loses N4.6trn in One Day
BusinessFinanceNews

Nigeria’s Stock Market Tumbles, Loses N4.6trn in One Day

NEWS BAR NGNovember 12, 2025

Nigeria’s stock market yesterday suffered one of its heavy losses in one day, dropping by N4.6 trillion on investors’ profit-taking…

ECOWAS Launches Trade and Investment Forum to Mark 50 Years of Regional Integration
BusinessFinance

ECOWAS Launches Trade and Investment Forum to Mark 50 Years of Regional Integration

NEWS BAR NGNovember 11, 2025

Bukola Afeni As West Africa marks 50 years of integration and shared progress, the Economic Community of West African States…

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