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CIBN Conference to Tackle Nigeria’s Macroeconomic Challenges
BusinessNigeria

CIBN Conference to Tackle Nigeria’s Macroeconomic Challenges

By Benson Daniel The Chartered Institute of Bankers of Nigeria is set to convene its 19th Annual Banking and Finance Conference, bringing together...

Nigeria’s Monthly Remittances Hit Record $947m, Near $1bn Target
Business

Nigeria’s Monthly Remittances Hit Record $947m, Near $1bn Target

By Benson Daniel Nigeria’s formal remittance inflows rose to a record $947 million in July 2026, marking the highest monthly inflow ever recorded...

Higgsfield’s Valuation Soars Fourfold to $5.4 Billion as AI Content Demand Accelerates
Technology

AI-Driven Cyber Risk Emerges as Top Threat to Global Financial Stability

Artificial intelligence-driven cyberattacks are becoming the most immediate technology-related threat to global financial stability, according to Financial Stability Board (FSB) Chair Andrew Bailey....

Afreximbank Profit Rises 30% to $535 Million as Lending Expands
ActiveAfricaBusiness

Afreximbank Profit Rises 30% to $535 Million as Lending Expands

By Benson Daniel The African Export Import Bank recorded a 30 per cent increase in profit to $535 million in the first half...

Nigeria Regulator Says 43 Insurance Firms Meet New Capital Requirements
NigeriaBusinessWorld

Nigeria Regulator Says 43 Insurance Firms Meet New Capital Requirements

Nigeria's insurance regulator said 43 insurance and reinsurance companies have met new minimum capital requirements introduced under sweeping industry reforms, marking a significant...