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Interswitch Navigates FX Headwinds, Moves to N14.7 Billion Profit After Prior-Year Loss

Interswitch Group has recorded a rebound in profit which surged by 1,102% to N14.7 billion in the Full Year period that ended March 2025, as a jump in customer...
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Preventing Financial Crimes Amid Mounting Insecurity: Why Following the Money is Now a Survival Imperative

Bala Augie -
BY BLAISE UDUNZE Nigeria today faces a sobering dual reality: a deepening security crisis and an entrenched financial-crime ecosystem that...
Exclusive

Interswitch Navigates FX Headwinds, Moves to N14.7 Billion Profit After Prior-Year Loss

Bala Augie -
Interswitch Group has recorded a rebound in profit which surged by 1,102% to N14.7 billion in the Full Year...
Exclusive

BUA Group Sets New Corporate Benchmark With N30 Billion Staff Loyalty Reward

Bala Augie -
In a move unprecedented in the history of corporate Nigeria, BUA Group has rewarded 510 long time staff with...
Markets

Enugu Commits N10 Billion Equity to Phase One of 135km Standard Gauge Rail

Bala Augie -
The Enugu State Government says it has earmarked the sum of N10bn in the 2026 budget as the state’s...
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Nigeria Unlocks $2 Billion Investment as 28 Firms Get Permits to Commercialize Flared Gas

Bala Augie -
Nigeria has granted permits to 28 firms to buy gas currently being burned off by the oil industry, as...
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Consumer Goods Firms, Banks Top Stocks to Invest in Amid Uncertainty

Bala Augie -
Given the macroeconomic uncertainties, investors can safeguard their portfolios by betting on low-beta stocks in sectors such as banks...
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Nigeria’s Dollar Reserves Hit $45 Billion, Highest in Six Years as CBN Reforms Reduce Sovereign Risk

The Central Bank of Nigeria’s (CBN) dollar reserves have risen to the highest level in six years on the...
Economy

CBN’s New Cash Policy: A Welcome Liberalisation or a Risky Retreat?

Bala Augie -
BY BLAISE UDUNZE On December 2, 2025, the Central Bank of Nigeria (CBN) announced a policy that significantly departs from...
Economy

Nigeria Unveils N54.43 Trillion 2026 Budget with Debt Service Taking 29% of Total Spending

Bala Augie -
The Federal Government has unveiled a proposed budget plan of N54.43 trillion ($36.2 billion) out of which debt service...
Economy

CBN Raises Weekly Cash Withdrawal Thresholds to N500K/N5M as Special Authorizations Are Ended

Bala Augie -
The Central Bank of Nigeria (CBN) has raised the weekly cash withdrawal limit across all channels to N500,000, up...
Economy

Nigeria’s GDP Rises 3.98% in Q3 2025 Driven by Agricultural Output and Services

Bala Augie -
The National Bureau of Statistics (NBS) released the GDP report for the third quarter (Q3) of 2025, which indicated...
Economy

CBN’s Cardoso Signals Rate Cuts Back on Table in 2026 If Disinflation Holds

Bala Augie -
Nigerian central bank Governor Olayemi Cardoso hinted that policymakers could resume interest-rate cuts next year, provided inflation continues to cool as...

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