Business
Nigeria’s Inflation Rate Declines for Third Consecutive Month to 22.22% in June 2025
Nigeria’s headline inflation rate has eased for the third consecutive month, declining to 22.22% in June 2025 from 22.97% in May. According to...
UBA Seeks to Raise N157bln through Rights Issue
United Bank for Africa Plc has announced plans to raise over N157 billion through a rights issue, according to a notice on Wednesday...
FirstBank Partners UN Global Compact to Unlock Capital for Sustainable Development
FirstBank, the premier financial institution in West Africa and a key provider of financial inclusion services, has reinforced its collaboration with the United...
UBA Celebrates Decade of Digital Innovation with VERiCASH, Rewards Loyal Customers
Africa’s Global Bank, United Bank for Africa (UBA) Plc, is celebrating a decade of impactful digital transformation through its strategic partnership with leading...
UBA Enables International Transactions on Naira Cards
United Bank for Africa (UBA) has announced the resumption of international transactions on its naira cards. According to a recent notice to customers,...
FirstBank Unveils Advanced Facial Biometric Technology on FirstMobile
FirstBank, the West Africa premier financial institution and financial inclusion services provider has launched an advanced facial biometric technology on its mobile banking...
Nigeria Ramps Up $16bln Investment Drive in Oil and Gas Sector
By Joycelyn Ellakeche Adah The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced significant strides in attracting fresh investments into the nation’s oil...
Nigeria’s Inflation Rate Edges Down to 22.97% – NBS
Nigeria’s inflation rate saw a slight dip in May 2025, reaching 22.97% showing a 0.74% decrease from the April 2025 rate of 23.71%....
World Bank: Global Economy Slumps to Weakest Performance in Years, Excluding Recessions
The World Bank’s latest Global Economic Prospects report has warned that global growth is projected to decelerate this year to its slowest rate...
NCC New Rule: Bank Customers to Pay USSD Charges Using Airtime
The Nigerian Communications Commission (NCC) has mandated that Deposit Money Banks (DMBs) will now deduct charges for Unstructured Supplementary Service Data (USSD) transactions...
FirstBank Achieves New Feat: N1Bln Disbursed in One Day Through Agent Credit Scheme
By Tosin Ajayi In a significant milestone by the nation’s pioneer financial institution, FirstBank has disbursed N1 billion in a single day to...
FirstBank’s Temporary Overdraft Product Boosts Businesses, Secures Retail Dominance
By Tosin Ajayi As a strategic lifeline to empower businesses with swift, flexible cash flow support that can significantly empower business owners, allowing...
#NoNoiseJustSigns: Access Bank Unveils DiamondXtra Season 17, To reward Customers with over N200m
Access Bank has kicked off the 17th season of its DiamondXtra flagship loyalty programme, reaffirming its commitment to changing lives and expanding financial...
Tony Elumelu Receives Gabonese Presidential Honour for Africa’s Economic Development
President of the Republic of Gabon Brice Clotaire Oligui Nguema, has conferred the nation’s prestigious national honours – the Commander in the National...
WTO’s Okonjo-Iweala Calls on Africa to Boost Intra-Regional Trade Amid US Tariffs
Faced with broad tariffs declared by the United States on African goods, the WTO Director-General in Washington on Friday underscored the urgent need...
US Dollar Climbs to N1,605 as Naira Weakens
The Nigerian naira has continued its depreciation against the US dollar at the official foreign exchange market, closing at N1,605/$1 on Thursday. Persecondnews...
