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Higher inflation exacerbated by Russia Invasion of Ukraine that forced the central bank to raise its benchmark interest rate incessantly is threatening to balloon...

The owners of the investment vehicle , Strategic Capital Investment Limited (SCIL), used for the acquisition of Polaris Bank Limited are Danladi Verheijen, Co-Founder/CEO of Verod Capital and Auwal...

…as current/past Governors lack foresight Some twelve years ago in 2010, there was fanfare and excitement in Nigeria’s financial markets following the listing on the...

Despite oil theft, the coronavirus pandemic, and vandalism of facilities that undermined production, Nigerian National Petroleum Company Limited (NNPCL) has maintained lower borrowing costs...

S&P Global Ratings believes banks in Nigeria could see reduced earnings, alongside weaker lending growth and asset quality, after the Central Bank of Nigeria...

Nigerian companies are increasingly maxing out credit lines and resorting to commercial paper and bond issuances, as they seek to grab cash amid an uncertain...

Banks’ profitability in Nigeria have exceeded the pre-pandemic levels in the first half of 2022, as a hawkish tone by the central bank and devaluation...

Zenith Bank Plc is undoubtedly the most profitable lender in Nigeria as it continues to surmount regulatory and macroeconomic headwinds. It has weather many storms,...

Nigeria Pension industry shareholder’s funds has surged after a successful push by the regulator PENCOM for operators to increase their balance sheet size. Stanbic IBTC...

Nigerian companies are investing in new assets, a move that is encouraging to investors who fret that deteriorating consumer purchasing power, foreign exchange scarcity,...