Business Top Stories

UK to make banking less stressful for Nigerians

By Kingsley Chijioke 19/07/2025 0

Abuja (Sundiata Post) – Efforts to deepen economic ties between Nigeria and the United Kingdom are accelerating, as the Mayor of London’s office moves to tackle long-standing regulatory and financial hurdles impeding cross-border transactions. During a strategic visit to Lagos, the Deputy Mayor of London, Howard Dawber, emphasized the city’s growing interest in Continue Reading

Business Top Stories

CBN afraid of Cryptocurrency – Don

By Kingsley Chijioke 18/07/2025 0

Abuja (Sundiata Post) – The Federal government has been advised to adopt the use of Cryptocurrency in official transactions and to encourage its use among Nigerians, with an effective regulatory framework. This advice was given by a Professor of Banking and Finance, Professor James Chinedu Ihemeje on Wednesday while delivering the 61st inaugural lecture of […]Continue Reading

Business

Essential services must be strengthened in Africa for inclusive, sustainable growth – World Bank 

By Mathew 11/07/2025 0

ABUJA (Sundiata Post) – The World Bank says there is an urgent need for governments in Africa to improve the delivery of essential services to promote inclusive and sustainable growth. This is contained in a statement released by the World Bank on the  Bank’s annual Country Policy and Institutional Assessment(CIPA) report for Sub-Saharan Africa on […]Continue Reading

Business

Stanbic IBTC Holdings raises N148.7bn, exceeds CBN’s recapitalisation benchmark

By Emmanuel Chisom 08/07/2025 0

LAGOS (SUNDIATA POST)- Stanbic IBTC Holdings Plc has successfully concluded its Rights Issue, raising N148.7 billion—exceeding the Central Bank of Nigeria’s (CBN) recapitalisation requirement. In a statement issued on Tuesday, the bank said the offer recorded an impressive oversubscription rate of 21.9 per cent, underscoring strong investor confidence and shareholder Continue Reading