Lagos: Some financial experts have emphasised the need for strong risk management and ethical governance to ensure that bank recapitalisation drives deliver sustainable economic growth. The experts made this known on Thursday at a virtual Risk Roundta…
Lagos: The Central Bank of Nigeria (CBN) says strong governance and risk discipline are critical to the success of Nigeria’s ongoing bank recapitalisation programme. Dr. Blaise Ijebor, Director of Risk Management Department and Chief Risk Officer at C…
Abuja: The Federal Government has secured £746 million for the modernisation of the Apapa and Tin Can Island Ports in Lagos. The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, announced this initiative while opening the ‘Blue Economy Inve…
Abuja: The Federal Government has inaugurated the Governing Board of the Nigeria Commodity Exchange (NCX) to strengthen commodity trading and accelerate Nigeria’s transition to a non-oil, export-driven economy. The Minister of Industry, Trade and Inve…
Lagos: Wema Bank Plc has announced a significant financial performance for the 2025 fiscal year, reporting a profit before tax of N221.85 billion. This marks a 116 per cent increase from the N102.51 billion recorded in 2024. The bank shared these impr…
Abuja: The Abuja Chamber of Commerce and Industry (ACCI) has called on the business community to embrace tax reforms to strengthen economic growth and improve the business environment. Chief Emeka Obegolu, the President of ACCI, made the call in his E…
Abuja: The National Civil Society Council of Nigeria (NCSCN) has expressed its support for Prof. Joash Amupitan, the Chairman of the Independent National Electoral Commission (INEC), by passing a vote of confidence in his leadership. This announcement…
Lagos: DataPro, a Nigerian technology-driven rating agency, has advised banks to begin portfolio reviews and strengthen data gathering processes to meet the Central Bank of Nigeria’s (CBN) stress testing directive. Mr Idris Adeleke, a member of the fi…