The Environmental, Social and Governance (ESG) Sukuk will cross $50 billion mark globally within the next two years, as issuers aim to meet their funding diversification goals and ESG mandates, alongside new regulatory frameworks, Fitch Ratings has said. However, according to the ...

Having plunged from N907 per dollar on the official market at the end of last year to about N1,500/$1 at the end of February, and also from N1,250 per dollar to N1,900/$1 on the parallel market, the naira, looked to be headed for an all time low of N2000 per dollar a few weeks ago. ...

The country’s financial sector lost N17.67 billion to fraud in 2023, the Nigeria Inter-Bank Settlement System (NIBSS) has said. The agency, which disclosed this in its Annual Fraud Landscape (January to December 2023) report posted on its website yesterday said that the fraud count ...