News
NGX All-Share Index Falls 0.07% as Banks Drag Market Lower
LAGOS, Nigeria — The NGX All-Share Index (ASI) closed Friday, October 16, 2026 on a bearish note, falling 167.40 points, or 0.07%, to 247,539.73 from 247,707.13 the previous…
banking sector
Business
AI financing risks: IMF warns $1.4 trillion in commitments could shake global markets
BANGKOK, Thailand — The International Monetary Fund (IMF) has warned that AI financing risks are growing, saying the widening scale of artificial intelligence (AI) investments and complex funding…
Business
Jim Ovia set to pocket ₦8.7 billion from Zenith Bank interim dividend payout
Jim Ovia, founder and majority shareholder of Zenith Bank, is poised to receive ₦8.7 billion from the lender’s interim dividend distribution for the first half of 2026, based…