By Taiye Olayemi The Nigerian Exchange Ltd. (NGX) closed the week on a positive note, with the All-Share Index (ASI) and market capitalisation rising by 1.39 per cent to 201,156.86 points and N129.126 trillion respectively. This compares with 198,407.30 points and N127.361 trillion recorded in the previous week. As aContinue Reading
By Taiye Olayemi Moniepoint Microfinance Bank says it is not involved in the arrest or detention of individuals over criticism of its services and respects customers’ right to speak out and provide feedback. Mr Bemigho Awala, Public and Media Relations Manager of the bank, made the clarification while addressing newsmenContinue Reading
By Rukayat Moisemhe The Bank of Industry (BoI)and MTN Nigeria Foundation have launched a N1 billion fund to support women-owned businesses across Nigeria. Managing Director of BoI, Dr Olasupo Olusi, disclosed this at a media parley and call for applications on Tuesday in Lagos. Represented by Executive Director, MSMEs, MrContinue Reading
By Taiye Olayemi The Chairman of the Nigerian Exchange Group (NGX Group), Dr Umaru Kwairanga, says Nigeria’s economy has stabilised and is on a steady growth path. Kwairanga spoke at the Africa Capital Forum at Peninsula London, with the theme ‘From Stabilisation to Capital Mobilisation.’ “Nigeria’s economy has stabilised andContinue Reading
By Okeoghene Akubuike Abuja, March 17, 2026(NAN) Aljazirah Newspaper has conferred its 2025 Person of the Year, “Exemplary Public Service Stewardship” award on Dr Adebowale Adedokun, Director-General, Bureau of Public Procurement (BPP). This is contained in a statement issued by Zira Nagga, Head, Press and Public Relations, BPP in AbujaContinue Reading
By Taiye Olayemi The Nigerian stock market recorded a major milestone on Monday as the NGX All-Share Index crossed the 201,000-point mark for the first time. The benchmark index rose by 1.55 per cent to close at 201,474.89 points, up from 198,407.30 points recorded in the previous trading session. Similarly,Continue Reading
By Taiye Olayemi The Nigerian capital market will transition to a T+1 settlement cycle from May 29, as part of efforts to enhance market efficiency and align with global standards. The transition will shorten the settlement period for trades, allowing transactions to be completed one business day after the tradeContinue Reading
By Ginika Okoye Bank customers have continued to complain over the many transaction charges by banks, saying it is discouraging them from depositing money in their bank accounts. Some of them who spoke to the News Agency of Nigeria (NAN) in Abuja on Sunday, described the situation as alarming andContinue Reading
By Grace Alegba The Chartered Institute of Bankers of Nigeria (CIBN) has inducted 2,020 professionals as chartered bankers, urging them to leverage Artificial Intelligence (AI) to drive innovation and strengthen Nigeria’s financial system. Speaking at the ceremony in Lagos, CIBN President, Prof. Pius Olanrewaju, said that the induction marked aContinue Reading
By Taiye Olayemi The Nigerian Exchange Group (NGX Group), in partnership with the Central Securities Clearing System (CSCS) and Women in Management, Business and Public Service (WIMBIZ), has called for improved gender equity and increased women’s participation in the economy. They made the call at the 2026 Ring the BellContinue Reading
