Nigerian banks post N14.7tn interest income
Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.
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CBN Rate Hikes Boost Fixed Income Demand in Nigeria
CBN's aggressive 875bps interest rate hikes in 2024 dramatically increased demand for fixed income instruments while crowding out private sector borrowing. Discover key market impacts.
No New Tax on Nigerian Savings - Analyst Clarifies
Financial analyst Omowunmi Samuel clarifies FIRS is not taxing savings, only interest income. Learn the facts about Nigeria's tax policy and avoid misinformation.
Stocks Struggle on US Rates, Tech Rally Fears
Global markets faced pressure as doubts over US Fed rate cuts and tech bubble fears grew. Oil prices rallied on Russian output risks. Get the full analysis for Nigerian investors.
No New Tax on Nigerian Savings - Expert Explains
Financial analyst Omowunmi Samuel clarifies Nigeria is not introducing new taxes on savings. FIRS only enforcing existing law on investment interest. Get the facts now!
Asian Markets Fall on Fed Rate, Tech Worries
Asian markets declined, mirroring Wall Street's selloff amid uncertainty over the Federal Reserve's December rate decision and growing speculation of a tech bubble.
New Bank Lending Rates Released by CBN for 2025
Central Bank of Nigeria publishes updated lending rates for Access Bank, UBA, Zenith Bank and others. See the new prime and maximum rates affecting loans.
Islamic Banks in Nigeria Increase to Five with New Entry
Summit Bank Limited begins operations as Nigeria's fifth Islamic bank, expanding Sharia-compliant financial services accessible to all Nigerians regardless of religion.
Nigeria probes $4.6bn health grants management
The House of Representatives investigates the management of over $4.6 billion in health grants from Global Fund and USAID received between 2021 and 2025 to ensure transparency and accountability.
NSITF Guide: Registration & E-Certificates Made Simple
Struggling with NSITF registration? This comprehensive guide breaks down the step-by-step process for employers, explaining registration, payment procedures, and how to obtain your certificate effortlessly.
Nigerian Stock Market Plunges Amid Economic Worries
Nigeria's financial markets experience significant downturn as rising interest rates, inflation fears, and job market instability spook investors. Key indices drop amid growing economic uncertainty.
Bank of England Maintains 5.25% Interest Rate
The Bank of England maintains interest rates at 5.25% amid inflation concerns. Discover how this decision impacts mortgages, savings, and the UK economic outlook.
Sanwo-Olu appoints Dr. Ayo Ogunsan as LSSTF Executive Secretary
Lagos State Governor Babajide Sanwo-Olu has appointed Dr. Ayo Ogunsan as the new Executive Secretary of Lagos State Security Trust Fund (LSSTF), bringing fresh expertise to bolster security infrastructure across the state.
CBN's Critical Rate Decision: Hold or Hike Amid Economic Pressures?
Nigeria's Monetary Policy Committee faces tough choices as inflation soars and economic growth slows. Experts analyze potential outcomes ahead of crucial rate decision.
FG Launches Interest-Free Loans for Varsity Staff
Nigerian tertiary institution staff can now access interest-free loans through new federal government initiative aimed at improving welfare and academic excellence.
Peter Obi Breaks Silence on Anambra Political Interests
Former Anambra governor Peter Obi breaks silence on his political motivations, emphasizing service over personal gain in explosive new statement ahead of gubernatorial elections.
Asian Markets Volatile Amid Tech Rally, Fed Watch
Asian markets experienced significant volatility as technology shares surged while traders anxiously await the Federal Reserve's interest rate outlook. Discover how major indices performed and what's driving market sentiment.
Fed's Cook: Inflation to Stay Elevated in 2024
Federal Reserve Governor Lisa Cook signals persistent inflation concerns as price pressures prove more resilient than expected, impacting global economic outlook.
Nigerian Firm Pioneers Affordable Home Ownership
Discover how a leading property company is revolutionizing Nigeria's housing market with innovative financing and sustainable construction methods.
US Fed Official Defends Rate Pause Amid High Inflation
Federal Reserve Governor Philip Jefferson explains the reasoning behind holding interest rates steady while inflation remains above target. Get the inside story on the Fed's cautious approach.
₦10M Grants: FG Launches Youth Fund for Graduates
Federal Government unveils groundbreaking Nigerian Youths Investment Fund with ₦10 million grants, interest-free loans for young entrepreneurs and graduates. Apply now!
Italy Demands ECB Cut Rates Over Strong Euro Crisis
Italian leaders pressure European Central Bank to slash interest rates as surging Euro threatens economic recovery. Analysis of global currency impacts.
UPTH Launches N10B Healthcare Endowment Fund
The University of Port Harcourt Teaching Hospital launches groundbreaking N10 billion endowment fund to revolutionize healthcare delivery in Nigeria, earning praise from the Minister of State for Health.
UN Climate Fund Hits Record $13.5B, Defends Loans
The UN's Green Climate Fund announces historic funding year while defending its loan-based approach to climate finance in developing nations.
Bank of Japan Maintains Zero Interest Rates
The Bank of Japan maintains ultra-low interest rates while signaling potential future hikes as yen weakness and inflation concerns persist. Get the latest analysis on Japan's monetary policy direction.
ECB Holds Rates Steady Amid Inflation Concerns
European Central Bank maintains interest rates despite inflation concerns. Analysis of how this decision impacts Nigeria's economy, trade relations, and the global financial landscape.
₦15B SME Fund Opens - GIBC & Trade Lenda Launch 2025 Conference
Nigerian SMEs receive massive boost as Gateway International Business Conference partners with Trade Lenda to unveil ₦15 billion growth fund and 2025 impact conference targeting business transformation.
Kogi Police Commissioner: Zero Tolerance for Peace Threats
Kogi State Police Commissioner CP Bethrand Onuoha Kankarofi has issued a strong warning against any form of violence or disruption of peace in the state, emphasizing zero tolerance for lawlessness.
Get ₦75,000 Cash Transfer from Nigerian Government
Learn step-by-step how to apply for the Federal Government's ₦75,000 cash transfer program. Get all requirements, eligibility criteria and application process explained.
US Fed Signals Rate Cuts: Impact on Nigeria's Economy
The US Federal Reserve is preparing for interest rate reductions in its final 2024 meeting, setting the stage for economic shifts that could impact Nigeria's markets and inflation trends in 2025.
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