Business Archives - Page 53 of 95

Kayode Tokede Amid severe competition from Fintech companies, Zenith Bank Plc, United Bank for Africa Plc (UBA) and two other Deposit Money Banks (DMBs) declared an estimated N570.17 trillion total

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May 18, 2026 nuus.ng reporters

Omosehim Mandates IPPF Committee on Sustainable Financing, Protection of Policy Holders

Ebere Nwoji The Commissioner for Insurance, Mr Ayo Olusegun Omosehin, at the weekend inaugurated the Insurance Policyholders’ Protection Fund (IPPF) committee, with a mandate on the committee members to ensure

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May 18, 2026 nuus.ng reporters

Sterling Holdings Reports 89% Growth in 2025FY, 52% in Q1

Kayode Tokede Sterling Financial Holdings Company Plc has announced its audited financial results for the year ended December 31, 2025, alongside its unaudited results for the first quarter ended March

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May 18, 2026 nuus.ng reporters

Makanjuola: Quiet Architect of Enduring Legacies Bags Lifetime Achievement Award

During the 2026 University of Leicester Alumni Awards Dinner held at the National Space Centre, London, United Kingdom, last week, one name stood out among the awardees. He is the quintessential

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May 17, 2026 nuus.ng reporters

CBN, Union Bank, and the Trust Deficit

The legal battle over Union Bank of Nigeria is raising fresh concerns over investor confidence and regulatory credibility in Nigeria’s banking sector, writes Sunday Eghiator The intensifying legal confrontation between the

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May 17, 2026 nuus.ng reporters

When FX Blew Up Nigeria’s Debt Numbers

Nigeria’s rising debt figures mask a deeper reality driven largely by naira devaluation, FX volatility, and long-hidden liabilities, writes Festus Akanbi Nigeria’s rising debt profile has again returned to the center

S&P raises Nigeria’s credit rating on stronger economy

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May 16, 2026 nuus.ng reporters

S&P raises Nigeria’s credit rating on stronger economy

Nigeria today secured a major boost in global investor confidence as S&P Global Ratings upgraded the country’s sovereign credit rating to ‘B’ from ‘B-’, citing improvements in macroeconomic stability, foreign exchange reforms and stronger oil sector performance.

The post S&P raises Nigeria’s credit rating on stronger economy appeared first on Vanguard News.

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May 16, 2026 nuus.ng reporters

Why Nigerian Banks Still Do Not Lend to SMEs

Michael Oladejo Nigeria does not mainly have an SME importance problem. It has a banking allocation problem. The country keeps returning to the same public conversation because mainstream credit still

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May 16, 2026 nuus.ng reporters

Pasquale Fiore: Nigeria Offers Huge Business Growth Opportunities

Managing Director and CEO of Heliconia Park Hotel & Suite LTD, Pasquale Fiore, speaks to Raheem Akingbolu about the sophistication of the Lagos market and how the city’s dynamism has provided unique

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May 16, 2026 nuus.ng reporters

Examining Lagos’ Digital Tax Trap

Since 2022, the Lagos State Internal Revenue Service fully transitioned to a digital tax filing system, with a stricter penalty for defaulters. Studies, however, show that a significant number of