Campus Business Journalism Awards: OOU, UI Students Excel as National Wire Nurtures Future Financial Journalists

“The art of business reporting is as serious as business itself,” emphasized Friday Ekeoba, General Editor of National Wire, as he urged campus journalists to hone their skills in this specialized field. Speaking at the award presentation for the maiden edition of the Campus Business Journalism Awards, Ekeoba highlighted the importance of specialization in journalism, […]

Mid-Level Investors Boost Liquidity in Nigerian Capital Market – Amolegbe

Managing Director and Chief Executive Officer of Arthur Stevens Asset Management Limited, Olatunde Amolegbe has highlighted the growing presence of mid-level investors in the Nigerian capital market, emphasizing their critical role in boosting market liquidity. Speaking at the Capital Market Correspondents Association of Nigeria (CAMCAN) 2024 Market Review and 2025 Projection event in Lagos, themed […]

ICAN Applauds NDIC on Integrity, Transparency, Professionalism

The President of the Institute of Chartered Accountants of Nigeria (ICAN), Chief Davidson Chizuoke S. Alaribe, has commended the Nigeria Deposit Insurance Corporation (NDIC) for its continuous compliance to the highest standards of integrity and transparency which is critical to the success of its operations in safeguarding depositors’ funds and ensuring the stability of the […]

ASAM Projects 39% ASI Growth on Bank Recapitalization, New Listings in the New Year

The Nigerian stock market is poised for a significant growth in 2025, with Arthur Steven Asset Management Limited (ASAM) projecting a 39% return on the All-Share Index (ASI). According to Olatunde Amolegbe, Managing Director of ASAM and former President of the Chartered Institute of Stockbrokers (CIS), in his presentation at the Capital Market Correspondents Association […]

CBN Sanctions Nine Deposit Money Banks For Failing to Dispense Cash Through ATMs

In a bid to ensure zero tolerance for cash flow disruptions, the Central Bank of Nigeria (CBN) has sanctioned Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs), during the yuletide season. Each bank was fined ₦150 million for non-compliance, in line with the CBN’s cash distribution guidelines, […]

N48 Trillion 2025 Budget: Customs Crucial to Its Actualization, Says Finance Minister

The Nigeria Customs Service (NCS) has been commended for its pivotal role in boosting Nigeria’s economic recovery, as the Federal Government sets a ₦48 trillion expenditure target for 2025. The Nigeria Minister of Finance, Mr Olawale Edun, highlighted the NCS’s importance during the 61st quarterly board meeting of the agency held last Wednesday, at the […]