Archives for MONEY MARKET
Sterling HoldCo Delivers ₦341.7bn in Earnings as Profit Surges 127%
BY NGOZI ONYEAKUSI Sterling Financial Holdings Company Plc has announced its unaudited financial results for the nine-month-period ended September 30, 2025, posting an impressive 127% year-on-year growth in profit after…
World Bank to approve Nigeria’s $1b devt loan in December
The World Bank has fixed December 16 as the tentative date for the approval of Nigeria’s $1 billion Development Policy Financing (DPF) under the Nigeria Actions for Investment and Jobs…
SEC, CBN, EFCC partner to track, freeze illicit digital wallets
In a major step to strengthen oversight over Nigeria’s fast-growing digital finance ecosystem, the Securities and Exchange Commission (SEC) has disclosed that it is collaborating with the Central Bank of…
FirstBank Partners Verve to Issue Free Verve Debit Cards in Nationwide Flash Promo
BY NGOZI ONYEAKUSI Olusegun AlebiosuMD/CEO FirstBank First Bank of Nigeria Limited (FirstBank), Nigeria’s premier and leading financial inclusion services provider, has announced the launch of the Verve Flash Promo, a…
Zenith Bank Post N917.4bn PBT In Nine Months, As Gross Earnings Rise By 16% To Record N3.37tri
BY NGOZI ONYEAKUSI Zenith Bank Plc has released its unaudited financial results for the nine months ended 30 September 2025, with a remarkable 16% year-on-year growth in gross earnings from…
Anambra Tops 2025 State of States Fiscal Performance Ranking
BY NGOZI ONYEAKUSI BudgIT, Nigeria’s leading civic-tech organisation promoting fiscal transparency and accountability, has launched the 2025 edition of its flagship State of States Report themed “A Decade of Subnational…
States to earn over N4tn yearly from VAT reforms
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr Taiwo Oyedele, has projected that states could earn more than N4tn annually from 2026, when new Value Added…
FIRS, judiciary strengthen collaboration on emerging tax laws
The Executive Chairman of the Federal Inland Revenue Service, Zacch Adedeji, has commended the Nigerian judiciary for its consistent and well-reasoned tax rulings, describing them as pivotal to the stability…
Nestoil Under Receivership Over $1b Debt
Corporate headquarters of Nestoil Limited in Victoria Island, Lagos, have been sealed off by the Police after the company was placed under receivership by a consortium of lenders over a…
Fidelity Bank’s GAIM 6 Promo Extension: A Timely Boost for Financial Inclusion and Economic Empowerment
BY NGOZI ONYEAKUSI L – R: Direct Sales Executive, Fidelity Bank Plc, Adegboyega Ademokunwa; GAIM 6 Eight Monthly draw Winner, Innocent Okoro Orji; Branch Leader, Fidelity Bank Plc, Gbagada, Chinwe…
