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NGX gains ₦237.8bn as FUGAZ banking stocks lead

  • 8th August 2026

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Nigeria risks losing $1.4bn US aid over Christians persecution

Finance

NGX urges Tinubu to support fintech’s domestic listing

Policy and Regulations

NGX gains ₦237.8bn as FUGAZ banking stocks lead Friday

Business

FG unveils unified regulatory framework for crypto industry

Policy and Regulations

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Naira drops to all-time low on official window, trades at 1348/$
Economy

BDC operators warn currency speculators as naira gains

The Nigerian Association of Bureau de Change Operators has cautioned currency speculators to be cautious as the Naira appreciates further against the US dollar. The PUNCH reported that the President of ABCON, Aminu Gwadabe, stated that the Central Bank of Nigeria was set to inflict pain on currency speculators. “What is taking place in the market and the […]

Why capital market operators must adopt technology—FinTechNGR, SEC
Business

Why capital market operators must adopt technology—FinTechNGR, SEC

Capital market participants have been urged to capitalize on technology’s potential to improve their operations while remaining mindful of the hazards involved. According to The PUNCH, During his keynote speech at the Institute of Capital Market Registrars’ 12th annual conference over the weekend, the President of FinTech Nigeria, Ade Bajomo, made this claim. ‘Navigating Nigeria’s Economic […]

Anambra, SMEDAN pledge N1bn to boost SMEs growth
News

Anambra, SMEDAN pledge N1bn to boost SMEs growth

The Anambra State Government and the Nigerian Small and Medium Enterprises Development Agency have inked a N1 billion loan support agreement to support the expansion of small and medium-sized businesses in the state. According to The PUNCH, each institution would contribute a total of N500 million towards the agreement’s goals of promoting SME development, innovation, […]

Equity investors lose N1.5tn as bond yield rises
Banking

Tackle high inflation, Lamido Sanusi urges CBN

The former governor of the Central Bank of Nigeria, Governor Lamido Sanusi, has urged the Central Bank’s current governor, Olayemi Cardoso, to use strategic measures to reduce the country’s inflation rate. The PUNCH reported that the former Emir of Kano offered this guidance last week in Abuja when he escorted the Impact Investing Community team to the CBN […]

Musk’s X faces lawsuit for allegedly withholding staff bonuses
News Tech

Elon Musk to integrate xAI with X

Elon Musk announced in a post on Sunday that his artificial intelligence company, xAI, will launch as a stand-alone app in addition to being integrated into his social networking platform, X. The billionaire added that on Friday, xAI made its first AI model, a bot by the name of Grok, available to all X Premium+ […]

New Zealand halts 90-day work visa trial periods
featured

New Zealand halts 90-day work visa trial periods

The New Zealand immigration office has stated that companies hiring people with an Accredited Employer Work Visa are no longer permitted to give their workers 90-day trial periods in their employment contracts. The Times stated that these changes took effect from October 29, 2023. The modifications are made to guarantee that workers with valid work visas are […]

Business

Boost economy by increasing oil production, expert tells FG

The Group Managing Director of Eterna Plc, Dr. Gabriel Ogbechie, has highlighted that raising Nigeria’s crude oil output is a way to address the country’s current economic problems. According to The PUNCH, he said these during a roundtable discussion at the 29th Edition National Economic Summit in Abuja. The discussion, under the title “Igniting Growth: Energy and […]

NDIC reimburses depositors of 179 disolved banks
News

NDIC settles over N120.5bn liquidity claims

The Nigeria Deposit Insurance Corporation has stated that 545,269 depositors, creditors, and shareholders of the country’s insolvent banking institutions have received payments totaling more than N120.532 billion towards liquidation claims. The Guardian reported that claimants of Deposit Money Bank’s DMB, Micro Finance Bank’s MFBs, and Pay Money Bank’s PMBs were covered by the liquidity made as of June […]

FG may increase employee pensions in 2024 - Wages Commission
Business

PTAD pays N1.02bn arrears to 7,091 pensioners

Pension Transitional Arrangement Directorate of the Parastatals Pensions Department has successfully released ₦1.023 billion to 7,091 pensioners from the Department of Power and Transport. According to The Times, the Head of Corporate Communications at PTAD, Mr. Gbenga Ajayi, declared in Abuja on Saturday that the payment paid for 39% of the pension arrears that retirees had accrued between August […]

Loan apps: FCCPC to address rising debt with new policy
News

FCCPC approves more loan apps

The Federal Competition and Consumer Protection Commission has registered and approved more digital money lenders, also known as loan apps, bringing the total number of enterprises permitted to 211 as of the end of October. According to The Times, the 211 companies are made up of 39 that have conditional approval from the Commission and 172 that […]

Seven Up unveils new products
Foods

Seven Up unveils new products

The Seven-Up Bottling Company has launched two innovative and refreshing drinks: the D’Vybe-flavored carbonated soft drink and the Hydr8 100-carbonated isotonic drink. During the two-day “Jolibration” launch event in the heart of Lagos, customers, celebrities, and socialites from Lagos attended the VIP launch. According to a statement from the company, SBC meticulously assembled the Jolibration experience […]

CIBN, LBS launch certification programs for finance professionals
News

CIBN, LBS launch certification programs for finance professionals

The Chartered Institute of Bankers of Nigeria and Lagos Business School have partnered up to develop groundbreaking dual qualification programs for bankers and other financial industry professionals. The PUNCH reported that this was disclosed in a CIBN statement that was released on Friday. The MBA/Chartered Banker and SMP/Chartered Banker programs are designed to assist participants in comprehending […]

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