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Capital importation jumps 182 percent to $3.52 Billion

Nigeria's capital importation jumped 182% to $3.52bn in January, driven almost entirely by foreign portfolio investment, while foreign direct investment collapsed by 80 percent.

Insurers to reject claims over NIN linkage default

Nigerian insurers will reject claims from policyholders who failed to link their NIN to their policies before the April 30 deadline, the Insurers Committee has said.

Roosevelt Ogbonna Buys $20 Million London Mansion

Roosevelt Ogbonna buys a $20 million Hampstead mansion, highlighting his growing global footprint beyond Access Bank’s expansion strategy.

Access Bank eyes Dollar-denominated securities deal with DFIs

Access Bank plans a dollar securities sale in two tranches, leveraging Nigeria’s successful $900 million bond to boost capital and growth.

Access Bank Expands Footprint with National Bank of Kenya Acquisition

Nigerian banking leader Access Bank is poised to acquire National Bank of Kenya (NBK)...

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Capital importation jumps 182 percent to $3.52 Billion

Nigeria's capital importation jumped 182% to $3.52bn in January, driven almost entirely by foreign portfolio investment, while foreign direct investment collapsed by 80 percent.

Insurers to reject claims over NIN linkage default

Nigerian insurers will reject claims from policyholders who failed to link their NIN to their policies before the April 30 deadline, the Insurers Committee has said.

UBA opens innovation hub, business office at UNILAG

UBA has opened an innovation hub and business office at the University of Lagos, as chairman Tony Elumelu returned to his alma mater for the commissioning.

Bandits Abduct 13 Villagers In Midnight Attack On Kebbi Community

KEY POINTS Armed bandits abducted 13 residents during a midnight attack on Tangaram Village...