Browsing Tag
Finance
121 posts
CBN Mandates N19 Billion in Customer Refunds as Banking Complaints Grow by 11 Percent
Bank customer complaints rose by 11 percent in 2025, leading the Central Bank of Nigeria to order N19.12 billion in refunds and issue N1.69 billion in penalties to financial institutions.
Nigeria’s SEC launches digital registration system for capital market operators
The Securities and Exchange Commission has launched a fully digital registration portal to modernize market operations and improve regulatory speed for existing capital market operators in Nigeria.
National Assembly Praises SEC for Financial Discipline and Revenue Gains
The National Assembly has commended the Securities and Exchange Commission for its improved revenue generation and prudent financial management, challenging the agency to surpass its 2026 growth targets.
S&P Global Acquires Controlling Interest in Agusto & Co.
S&P Global is set to acquire a majority stake in the Pan-African rating agency Agusto & Co. to improve credit transparency and expand its influence in African debt markets.
Real Madrid Hits Historic 1.2 Billion Euro Revenue Milestone Amidst Trophy Drought
Despite a lack of trophies, Real Madrid secured a world-record 1.221 billion euros in revenue, fueled by stadium renovations and new sponsorships.
Apple introduces new monthly leasing service for premium devices
Apple is launching a new leasing program for premium products in the U.S. to help consumers manage rising hardware costs and encourage more frequent device upgrades.
Nigerian Equities Decline by N76 Billion in Monday Trading Session
Investors saw a N76 billion reduction in market value on Monday as profit-taking triggered a decline in the Nigerian stock exchange.
Global oil prices drop as US-Iran hostilities pause sparks diplomatic optimism
Oil prices declined sharply as a temporary halt in US-Iran military exchanges raised hopes for diplomatic solutions and improved security in the Strait of Hormuz.
FIFA Unveils Record-Breaking Prize Purse for 2026 World Cup
FIFA distributed a record $871 million to the 48 teams competing in the 2026 World Cup, with champions Spain earning $51 million.
Understanding Nigeria’s Tax Reform: A Guide for Citizens and Businesses
An exploration of Nigeria's recent tax reforms, designed to help everyday citizens and business owners understand their obligations and the broader implications for the economy.