by AriseNews, NNEOMA UDENSI The Bank of Japan has raised rates and halved bond purchases, signaling a shift from a decade of stimulus. In an unexpected move, the Bank…

by Idika Aja Wema Bank Plc has reported its Q2 2024 results showing pre-tax profits grew by 270.71% year on year to N19.416 billion.  This took half year pre-tax…

by Leadership News Bank customers have thronged their banks to reactivate their dormant accounts in line with the Central Bank of Nigeria (CBN) guidelines on the management of dormant…

By Oluwakemi Abimbola The Executive Secretary/Chief Executive Officer of the Financial Reporting Council of Nigeria, Dr Rabiu Olowo, has charged financial institutions to integrate sustainability reporting into their operations….

By Gift ChapiOdekina,Abuja The House of Representatives Committee on Public Assets has queried the Ministry of Finance Incorporated (MOFI) for taking money from the budget for its operation…

by Nnaemeka Onyekachi Story Highlights ALGON accuses State Finance Commissioners of colluding with governors to obstruct direct FAAC fund payments to the 774 local government councils.  The Supreme Court…

By Oluwakemi Abimbola The naira fell to a four-month low on Tuesday at the official window as it traded at 1621. 12/dollar compared to N1611. 40/dollar on Monday. This…

By Damilola Aina The Federal Government has requested a $500m loan from the World Bank to improve dam safety and enhance water resource management across the federation. This loan…

By Oluwakemi Abimbola Zenith Bank Plc has finalised plans to raise about N290bn fresh capital, which is higher than the N230bn it needs to meet the fresh recapitalisation mandate…