Business Journal

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CBN Grants JPMorgan Approval-in-Principle to Establish Merchant Bank in Nigeria

The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish a merchant bank in Nigeria,...

Cardoso Engages Business Leaders on Strengthening Nigeria–China Financial Corridor

The Central Bank of Nigeria (CBN) convened a high-level business and financial roundtable in Beijing on Wednesday, October 21,...

UBA Commences Contempt Proceedings Against WEMPCO Directors over Alleged Disobedience of Court Order

Mr. Lewis Tung and his brother, Robert Tung The Federal High Court, presided over by Honourable Justice Aluko, has granted...

$242m Petroleum Products Diversion Claim: UBA Secures Court Order Against Vitol, Four Others

A Lagos State High Court has granted interim preservative orders of Mareva Injunction against Vitol SA – a Switzerland...

Heirs Insurance Group Wins Prestigious Financial Times–World Bank Group Africa Sustainable Futures Award

L-R: Chinwe Binitie, Co-Head of Partnerships, World Bank Group’s Multilateral Investment Guarantee Agency; Nkem Onwuamaegbu, Africa Regional Head, World...

FSI, NCC Empower Female Students in Northern Nigeria with Digital Skills, 15 Selected for Industry Internships

  Eight-week Fundamentals of Software Testing programme attracts 590 applications, records 95 graded participants and creates a pathway to...
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NAICOM Chief, Segun Omosehin, Senator Abiru Inducted as Fellows of NCRIB

L–R: Mr. Olusegun Ayo Omosehin, Commissioner for Insurance; Mrs. Ekeoma Ezeibe, FCIB, President of the Nigerian Council of Registered...

Polaris Bank Deepens Sustainability Commitment with Tree Planting at Lekki Conservation Centre

L-R: Mr. Uchenna Achunine, Director Business Dev & Partnership at the Nigerian Conservation Foundation (NCF); Pius Olaoye, CFO, Polaris...

NAICOM: Brokers Remain Key Stakeholders in Insurance Growth, Penetration in Nigeria

L–R: Mrs. Ekeoma Ezeibe, FCIB, President of the Nigerian Council of Registered Insurance Brokers (NCRIB); Mr. Olusegun Ayo Omosehin,...

PRESIDENCY RESPONDS TO GOVERNOR MAKINDE’S CLAIM ON NLNG DIVIDENDS

The Presidency wishes to clarify Governor Seyi Makinde’s claim that the Federal Government is withholding ₦250 billion in NLNG...

FG: Interest Payment on Loans 60% of Revenue not 124%: Setting the Record Straight

The Federal Ministry of Finance has noted recent analysis and public commentary which, citing the World Bank's October 2026...

RMB Nigeria Asset Management Wins Excellence in Investment Management at 2026 BAFI Awards

L-R: Yetunde Ogunremi, Non-Executive Director, RMB Nigeria Asset Management Limited; ‘Shola Ogunyemi, Head, Marketing & Communications, RMB Nigeria; Kike...