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Category: Finance

CBN Directs Banks to Submit Capital Plans, Gives 10 Days Deadline
FinanceNews

CBN Directs Banks to Submit Capital Plans, Gives 10 Days Deadline

NEWS BAR NGJuly 8, 2025

As part of its broader strategy to stabilise the financial system and phase out pandemic-era reliefs, the Central Bank of…

Zenith Bank Emerges Nigeria’s Number One Bank By Tier-1 Capital for The Sixteenth Consecutive Year
FinanceNews

Zenith Bank Emerges Nigeria’s Number One Bank By Tier-1 Capital for The Sixteenth Consecutive Year

NEWS BAR NGJuly 4, 2025July 4, 2025

Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital for the sixteenth…

DMO: N59.796tn FGN Bonds Accounted for 80% of N74,887tn Domestic Debt in Q1 2025
FinanceNews

DMO: N59.796tn FGN Bonds Accounted for 80% of N74,887tn Domestic Debt in Q1 2025

NEWS BAR NGJuly 2, 2025July 2, 2025

FGN Bonds contributed over N59.796 trillion or 79.85 per cent to the federal government’s N74,887 trillion domestic debt obligations as…

In Major Feat for Continent, First Pan-African Card Scheme, PAPSSCARD Launched
BusinessFinanceNews

In Major Feat for Continent, First Pan-African Card Scheme, PAPSSCARD Launched

NEWS BAR NGJuly 1, 2025July 1, 2025

The continent’s first Pan-African card scheme, PAPSSCARD was launched yesterday in Abuja, marking a significant step towards financial independence. The…

Access ARM Pensions Advocates  Ways  to Boost Civil Servants’ Retirement
FinanceNews

Access ARM Pensions Advocates  Ways  to Boost Civil Servants’ Retirement

NEWS BAR NGJune 30, 2025

Access ARM Pensions has urged Nigerian civil servants to embrace small but consistent voluntary contributions to their Retirement Savings Accounts…

With Over $100bn Disbursements to Africa, $52bn to Nigeria, Shettima Decla2res Afreximbank Continental Development Anchor
FinanceNews

With Over $100bn Disbursements to Africa, $52bn to Nigeria, Shettima Decla2res Afreximbank Continental Development Anchor

NEWS BAR NGJune 26, 2025June 26, 2025

Vice President Kashim Shettima, yesterday, said African Export-Import Bank (Afrieximbank) had grown from a regional trade financier to a continental…

Wale Edun: FG Generated N6.9 Trillion Revenue in Q1 2025
FinanceNews

Wale Edun: FG Generated N6.9 Trillion Revenue in Q1 2025

NEWS BAR NGJune 24, 2025June 24, 2025

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, revealed yesterday that the federal government’s revenue…

Bank of Industry Unveils Framework to Drive Inclusive, Sustainable Growth 
FinanceNews

Bank of Industry Unveils Framework to Drive Inclusive, Sustainable Growth 

NEWS BAR NGJune 23, 2025June 23, 2025

The Bank of Industry (BoI) has launched its Sustainable Finance Framework, a strategic blueprint that reaffirms the bank’s commitment to driving…

FIRS Targets Sustainable Model that Focuses on Culture of Voluntary Tax Compliance
BusinessFinanceNews

FIRS Targets Sustainable Model that Focuses on Culture of Voluntary Tax Compliance

NEWS BAR NGJune 20, 2025June 20, 2025

The Federal Inland Revenue Service (FIRS) has charted a new path in tax administration, shifting focus from audit-based compliance to…

Alawuba: N1.57tn Non-performing Loans Pose Risks to Credit System
FinanceNews

Alawuba: N1.57tn Non-performing Loans Pose Risks to Credit System

NEWS BAR NGJune 18, 2025June 18, 2025

Group Managing Director/Chief Executive, United Bank for Africa (UBA) Plc, Mr. Oliver Alawuba, yesterday, raised concerns over the Non-performing Loan…

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