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Breaking news and reports on financial institutions, fiscal policies, government spending, and corporate finance developments.
Finance
Borno State Governor Unveils Rayyan Microfinance Bank
Borno State Governor, Babagana Umara Zulum, on Sunday unveiled Rayyan Microfinance Bank, an Ethical Compliant Digital Bank headquartered in Maiduguri,...
Finance
NPF Microfinance Bank Grows from ₦500,000 to ₦13bn
Nigeria Police Force (NPF) Microfinance Bank has recorded significant growth over the past three decades, transforming from a small financial...
Finance
Kogi Targets ₦50bn Sukuk to Build Airport, Lokoja Market by March 2026
The Kogi State Government has announced plans to raise a ₦50 billion Sukuk bond to speed up the construction of...
Finance
FCMB Opens N20bn Series 2 Private Debt Fund
FCMB Asset Management Limited has announced plans to open the FCMB-TLG Private Debt Fund Series 2 Offer of up to...
Finance
FCMB Meets ₦200bn Capital Requirement
FCMB Group Plc has crossed the ₦200 billion capital requirement needed to retain its national banking licence, meeting a key...
Finance
Universal Insurance shareholders approve N15bn recapitalisation
Universal Insurance Plc has secured shareholder approval to raise additional capital of N15 billion through a proposed recapitalisation exercise, as...
Finance
Parallex Bank seeks dismissal of FHT Mega Express suit over ₦7bn freeze
Parallex Bank Limited has asked the High Court of the Federal Capital Territory (FCT), Abuja, to dismiss a suit filed...
Finance
CODE launches project to track ₦32.9bn BHCPF funds
Connected Development (CODE), a leading non-profit organisation advancing social accountability and citizen participation in governance, has launched a new project...
Finance
The Alternative Bank Sukuk enters Sharia screening ahead of issuance
The Alternative Bank has commenced the 2026 financial year with a major move in Nigeria’s Islamic capital market, as its...
Finance
ARM launches N200bn private debt fund to boost SME financing
ARM Investment Managers has launched a N200 billion Private Debt Fund aimed at providing long-term and affordable financing for Nigeria’s...
