Cardoso, Oyedele sign Monetary-Fiscal policy coordination MOU
By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have signed a Memorandum of Understanding (MOU) on Monetary-Fiscal Policy Coordination to strengthen their partnership in the pursuit of stronger macroeconomic management, lasting economic stability and sustainable prosperity for all Nigerians. The Governor of the CBN, Mr. […]
PoS Terminals: CBN gives one month deadline for dual connectivity
By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, has issued a one month deadline to Acquirers, Processors, Payment Terminal Service Aggregators and Payment Terminal Service Providers to establish dual connectivity Point of Sale transactions with the Nigeria Inter-Bank Settlement System (NIBSS) and Unified Payment Services Limited (UPSL). The directive, according to CBN, was to […]
Nigeria’s trade balance rises 43% to $19.3bn in 9mths
By Elizabeth Adegbesan Nigeria’s trade balance rose by 43.8 percent year-on-year (YoY) to N19.32 billion in the first nine months of the year (9M’25) from $13.43 billion in 9m’25. Financial Vanguard analysis of data from the National Bureau of Statistics, NBS, report titled, ‘Foreign Trade in Goods Statistics’ showed that the value of exports outweighed imports during […]
Investors gain N1.5trn as stocks sustain upward trend
By Peter Egwuatu The Nigerian stock market sustained its upward trend last week with investors gaining over N1.5 trillion. The Nigerian Exchange Limited, NGX closed higher last week, deepening its recovery and reversing the weakness seen in November 2025, as buy interest resurfaced across major blue-chip and mid-tier counters. The bargain hunting in MTN led to […]
Prudential Zenith Life hosts inaugural brokers’ evening
By Rosemary Iwunze Prudential Zenith Life Insurance proudly hosted the December edition of the Nigerian Council of Registered Insurance Brokers (NCRIB) Brokers’ Evening on December 9, 2025. This marked the inaugural event under the stewardship of the recently elected NCRIB President, Ekeoma Ezeibe, providing a premier platform for industry leaders to connect, collaborate, and advance […]
Recapitalisation: Lasaco Assurance to raise capital level to N36bn
By Rosemary Iwunze Ahead of insurance industry recapitalisation deadline slated for July 2026, Lasaco Assurance Plc has secured the approval of its shareholders to raise its capital level to N36 billion. This will allow the company surpassed the minimum capital requirements for a composite insurance companies. Under the ongoing exercise, Life Insurance companies are expected […]
