Business

Banks awash with excess cash amidst poverty

Banks awash with excess cash amidst poverty

•As banking system liquidity surges 17% to N5.5trn By Elizabeth Adegbesan Amidst prevalent poverty in the country, Nigeria’s financial sector experienced a major injection of cash as the average net liquidity in the banking system surged to N5.53 trillion in May 2026. This represents a 17.16 per cent increase from the N4.72 trillion recorded previous […]
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Insurgency: Local insurers to the rescue

Insurgency: Local insurers to the rescue

The pressure is on the insurance regulatory body, the National Insurance Commission, NAICOM, and the entire industry to gain a competitive edge by carefully considering ways to tackle the risks of terrorism in the country by providing cover for victims

GTBank empowers SMEs, launches  e-commerce portal

GTBank empowers SMEs, launches e-commerce portal

In a bid to empower small and medium scale enterprises operating in the country and improve their visibility in the e-commerce space, Guaranty Trust Bank, weekend launched e-commerce portal for local SMEs – The SME Market Hub.

Why WEF Africa is highly rated — Ini Onuk

Why WEF Africa is highly rated — Ini Onuk

INI ONUK, a member of the WEF Global Agenda Africa Council, convenes the annual African CEO Roundtable on Corporate Sustainability and Responsibility (CSR) through her company, Thistle Praxis

The problem with Nigeria’s housing mortgage policy, by Adediji

The problem with Nigeria’s housing mortgage policy, by Adediji

Mr. Bode Adediji is a member of the Federal Government Vision 20:2020. He is the immediate past President, Nigerian Institution of Estate Surveyors and Valuers. He is also the Group Executive Chairman, Bode Adediji Partnership, Kontiental Developers Nigeria Limited, and a member, Commonwealth Association of Surveying and Land Economic (CASLE).

He speaks on the challenges facing housing mortgage policy in Nigeria and the lack of political will by government to curb the incidence of buildings collapse.