Forex inflow rises 36.5% to $33.76bn in five months
By Elizabeth Adegbesan Nigeria’s net foreign exchange (forex) inflow rose by 36.5 percent year-on-year (YoY) to $33.76 billion in the first five months of 2026 (5M’26), from $24.72 billion in the corresponding period of 2025 (5M’25). The increase came amid ongoing efforts by the Central Bank of Nigeria (CBN) to deepen the foreign exchange market, […]
APC’ll concentrate on grassroots empowerment —Kachikwu
MINISTER of State for Petroleum, Dr. Ibe Kachikwu, weekend, said the ruling All Progressives Congress, APC, will further concentrate on the empowerment of the grassroots in moving all Nigerians from poverty to wealth.
Insurance stocks have prospect for higher returns as economy improves — CEO Consolidated Hallmark
For us, much as we are on threshold of raising the money, we still felt it was better to combine our operations and we decided to look for other partners
Wema Bank secures shareholders approval for capital reduction
SHAREHOLDERS of Wema Bank Plc have approved the plan by the bank to reduce its share premium capital by N40.172 billion to N8.698 billion from N48.870 billion.
Edo to unveil domesticated EGRP at Alaghodaro Investment Summit
The Edo State Government is to unveil its economic blueprint fashioned after the Economic Growth and Recovery Plan (EGRP) of the All Progressives Congress (APC)-led federal government, launched by President Muhammadu Buhari, on April 5, 2017.
FG moves to seize BVN-less accounts
Justice Nnamdi Dimgba of the Federal High Court in Abuja has granted a request by Attorney General of the Federation, Abubakar Malami, for a temporary forfeiture of all funds held in bank accounts not linked to BVNs.
