Business

Sterling Bank removes transfer fees on online transactions

Sterling Bank has removed transfer fees on all local online transactions, becoming the first major Nigerian bank to do so.…

1 year ago

Tinubu appoints Bayo Ojulari, Shell ex-MD, as NNPC GCEO

President Bola Tinubu has appointed Engr. Bashir Bayo Ojulari as the Group CEO of the Nigerian National Petroleum Company (NNPC)…

1 year ago

CBN: Net forex reserves hit $23.11bn in 2024

The Central Bank of Nigeria (CBN) has announced that its Net Foreign Exchange Reserve (NFER) stood at $23.11 billion as…

1 year ago

6 banks post N3trn profit amid complaints, challenging environment

Six Nigerian banks have posted N3.41 trillion as Profit After Tax (PAT) in 2024 against the N2.1 trillion recorded in…

1 year ago

Fidelity Bank records N385.2bn profit, investors to get N2.10 dividend

Fidelity Bank Plc has reported a pre-tax profit of N385.2 billion for 2024, representing a 210 per cent growth compared…

1 year ago

Stock market records N148bn gain

The Nigerian stock market extended its positive trend, appreciating by N148 billion amid increased buying interest on Friday, March 28,…

1 year ago

Naira appreciates against dollar at official market

The naira appreciated in the official market on Friday, March 28, 2025, trading at N1,536.82 to a United States dollar.…

1 year ago

IMF appoints Tony Elumelu to Advisory Council on Entrepreneurship, Growth

Heirs Holdings Founder and Group Chair, Tony O. Elumelu, CFR, has been appointed by the International Monetary Fund (IMF) to…

1 year ago

Stock market investors lose N31bn

Trading activities on the Nigerian stock market closed on a negative note on Thursday, March 27, 2025, with the market…

1 year ago

Zenith Bank’s profit hits N1.3trn, assets rise to N30trn, proposes N4 dividend

Zenith Bank Plc has announced its audited financial results for the year ended December 31, 2024, delivering significant growth across…

1 year ago

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