Finance

EFCC Assists Creditor Banks in Repaying $60 Million in Nestoil Debt

• Business
• Finance

EFCC Assists Creditor Banks in Repaying $60 Million in Nestoil Debt

Chief Reporter August 19, 2026 0

The Economic and Financial Crimes Commission (EFCC) has successfully recovered and paid a sum of $60 million...

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How Nigerians can apply for a FG loan to construct or purchase a home

• Finance
• Government

How Nigerians can apply for a FG loan to construct or purchase a home

Chief Reporter August 18, 2026 0

The Federal Mortgage Bank of Nigeria offers mortgage financing to eligible Nigerians through the National Housing Fund,...

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US Regulator Approves Trump-Backed Crypto Company’s Conditional Bank Charter

• Business
• Finance
• World News

US Regulator Approves Trump-Backed Crypto Company’s Conditional Bank Charter

Chief Reporter August 15, 2026 0

World Liberty Financial, a cryptocurrency company linked to US President Donald Trump and his family, has been...

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Nigeria fails the second-year budgetary transparency test. • US Report: Budget figures don’t add up

• Finance
• Government
• News

Nigeria fails the second-year budgetary transparency test. • US Report: Budget figures don’t add up

Chief Reporter August 13, 2026 0

The U.S. Department of State said Nigeria has failed to meet the minimal fiscal transparency requirements for...

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FG Promises to Pay Outstanding Wage Award and Promotion by Mid-August Arrears to Come

• Finance
• Government
• News

FG Promises to Pay Outstanding Wage Award and Promotion by Mid-August Arrears to Come

Chief Reporter August 6, 2026 0

The Federal Government has promised federal government personnel that the payment of the outstanding N35,000 salary award...

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Projects abandoned: The Fed government prohibits ministries from giving out unfunded contracts

• Finance
• Government
• News

Projects abandoned: The Fed government prohibits ministries from giving out unfunded contracts

Chief Reporter August 4, 2026 0

To tighten fiscal discipline and enforce compliance with procurement laws, the Federal Government has banned Ministries, Departments...

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NCDMB, BOI Inaugurate Committee for $100m Nigerian Content Equity Fund, To Invest $5m in Oil Firms

• Business
• Finance
• Oil & Gas

NCDMB, BOI Inaugurate Committee for $100m Nigerian Content Equity Fund, To Invest $5m in Oil Firms

Chief Reporter August 3, 2026 0

  In a move to provide a new financing solution to the Nigerian oil and gas service...

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Banking on Trust: Nigeria’s Next Competitive Advantage Is Ethical Finance

• Business
• Finance

Banking on Trust: Nigeria’s Next Competitive Advantage Is Ethical Finance

Chief Reporter August 2, 2026 0

Banking in Nigeria has been a quiet bargain for too long. The money is certain the day...

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First HoldCo’s largest stakeholder is billionaire Femi Otedola with 25.9%.

• Business
• Finance

First HoldCo’s largest stakeholder is billionaire Femi Otedola with 25.9%.

Chief Reporter July 31, 2026 0

First HoldCo Plc. Chairman, Mr. Femi Otedola yesterday increased his equity in the longest surviving banking group...

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NDIC Starts Paying Depositors of 46 Failed Microfinance Banks N2 Million Automatically

• Finance
• World News

NDIC Starts Paying Depositors of 46 Failed Microfinance Banks N2 Million Automatically

Chief Reporter July 24, 2026 0

Customers of 46 defunct microfinance banks are now collecting insured savings from the Nigeria Deposit Insurance Corporation...

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