Online News Magazine
Online News Magazine
When evaluating credit ratings, financial indicators such as revenue growth, profitability, liquidity, and debt-servicing capacity often attract the most attention. However, financial performance alone does not provide a complete picture of an organisation’s creditworthiness. A company may post impressive earnings while facing operational weaknesses that could threaten its long-term stability and ability to meet financial […]
The Central Bank of Nigeria (CBN) has redeployed its four deputy governors with effect from June 1, 2026. The reshufflement was announced via a post on the apex bank’s official website on Monday. Under the current arrangement, Dr Muhammad Abdullahi, the Deputy Governor in charge of Economic Policy, has been reassigned to the Corporate Services […]
The Finance Correspondents Association of Nigeria (FICAN) has recorded a historic milestone with the election of its first female chairman in the association’s 36-year history. Bukola Aro-Lambo of Leadership Newspapers emerged as chairman during the association’s election held in Lagos, becoming the first woman to lead the body since its inception in 1989. Her election […]
DataPro Limited has released the May 2026 edition of its financial intelligence briefing, offering a comprehensive analysis of key developments shaping the global credit and risk rating landscape. The report combines macroeconomic insights, emerging regulatory trends, and historical perspectives to provide a clearer understanding of how credit evaluation systems are adapting to ongoing global financial […]
Africa’s Global Bank, United Bank for Africa (UBA) Plc has announced its audited financial results for the year ended December 31, 2025, recording total assets growth of 9.4 per cent to N33.2 trillion up from N30.3 trillion at the end of 2024, alongside an 11.8 per cent increase in customer deposits from N24.3 trillion in […]
Moniepoint Microfinance Bank (Moniepoint MFB) has reinforced its leadership in Nigeria’s agency banking sector, highlighting its proven track record and distinctive service model as key drivers of transformation, while pledging to deepen value creation across the ecosystem. Beyond delivering financial services, the bank continues to position itself as a homegrown technological backbone powering the real […]
The Central Securities Clearing System Plc (CSCS) has announced enhancements to its investor onboarding processes aimed at improving efficiency, strengthening service delivery, and enhancing the overall experience for participants in the Nigerian capital market. The enhancements are designed to support faster account creation, improve the processing of investor data, and enable more seamless interaction across […]
The Central Bank of Nigeria (CBN) has acknowledged the judgment delivered on Wednesday by the Federal High Court in Lagos regarding its regulatory action on Union Bank of Nigeria Plc (UBN) in January 2024. The apex bank said it is currently obtaining the Certified True Copy of the judgment for careful review, reiterating its unwavering […]
………Reaffirms Central Bank’s Focus on Corporate Governance The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has urged African financial regulators to strengthen cooperation in managing cross-border risks. He also restated the CBN’s commitment to entrenching robust corporate governance in Nigeria’s financial system. Speaking at the 4th Annual IMF/AFRITAC West 2 High-Level […]
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said recent monetary and financial sector reforms have significantly strengthened Nigeria’s ability to withstand external shocks while restoring investor confidence. Speaking at the Africa Capital Forum in London on Tuesday during the state visit of President Bola Ahmed Tinubu to the United Kingdom, Cardoso told […]
