By Adedapo Adesanya The Nigeria Deposit Insurance Corporation (NDIC) has raised the maximum deposit insurance coverage for depositors of all licenced Deposit Money Banks (DMBs) in...
By Adedapo Adesanya The official market of the foreign exchange (FX) market known as the Nigerian Autonomous Foreign Exchange Market (NAFEM) plunged on Thursday, May 2...
By Adedapo Adesanya First City Monument Bank (FCMB) Plc aims to raise N150 billion in new capital by selling stocks as part of recapitalisation efforts announced...
By Adedapo Adesanya The House of Representatives, on Tuesday, passed a resolution to invite the Minister of State for Petroleum Resources (Oil), Mr Heineken Lokpobiri; and...
By Adedapo Adesanya The Nigerian Content Development and Monitoring Board (NCDMB) has received an interim dividend payment of N450 million out of the N1.5 billion Waltersmith...
By Adedapo Adesanya Lagos-based logistics service firm, Chowdeck, has raised a $2.5 million seed investment to scale food delivery amid a tough food service market in...
By Modupe Gbadeyanka The AVCA Conference and Venture Capital Summit in 2025 will take place in Lagos, Nigeria, the organisers have announced. The programme, which is...
By Adedapo Adesanya A Federal High Court in Abuja has granted an interim order sought by the Economic and Financial Crimes Commission (EFCC) to freeze at...
By Modupe Gbadeyanka A leading pan-African financial technology (fintech) company, PalmPay, has been commended for its impact on Africa’s $912 billion mobile money industry. Since launching...
By Adedapo Adesanya The Nigerian Railway Corporation (NRC) has confirmed that 524 firms have expressed interest in its 2024 Capital Procurement Project. This was disclosed by...