Reforms position Nigeria as continental trade powerhouse
Reforms position Nigeria as continental trade powerhouse PRESIDENT Bola Tinubu has said that the Federal Government’s trade reforms, including the exchange rate unification, fuel subsidy removal, and port modernisation, among others, were designed to create a trade-friendly environment that could... Read More →
Pension fund soars to N26tn
Pension fund soars to N26tn Nigeria’s pension fund assets recorded 22.03 per cent growth as of the end of the third quarter, as they rose by more than N4.71tn, with Pension Fund Administrators deepening their allocation to Federal Government securities,... Read More →
IPMC: Zenith, Access Bank, Others Driving ESG in Financial Sector
IPMC: Zenith, Access Bank, Others Driving ESG in Financial Sector The 2025 IPMC ESG Ratings Reporthasrevealed that Zenith Bank Plc, Stanbic IBTC Holdings Plc, and Access Holdings Plc led the Nigeria’s financial sector as strongest performer in governance maturity. IPMC in... Read More →
Amidst Spiralling OPEX, AMCON, NDIC Rake N839.9bn from Seven Banks
Amidst Spiralling OPEX, AMCON, NDIC Rake N839.9bn from Seven Banks Amid rising operating expenses in the financial sector, seven big banks in the country spent an estimated N839.9 billion on Asset Management Corporation of Nigeria (AMCON) and Nigeria Deposit Insurance Corporation (NDIC) expenses in the... Read More →
Cardoso: FX Stability, Disinflation, Foreign Reserves Accretion Have Restored Investor Confidence, Reserves Rise to $46.7bn
Cardoso: FX Stability, Disinflation, Foreign Reserves Accretion Have Restored Investor Confidence, Reserves Rise to $46.7bn Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday declared that the Nigerian economy had been transformed in the past two years,... Read More →
Nigeria sees strong FX inflows as investor confidence returns
Nigeria sees strong FX inflows as investor confidence returns Nigeria’s growing foreign-exchange inflows point to a gradual yet significant improvement in investor sentiment after years of instability. In this analysis, SAMI TUNJI explores how recent CBN reforms have driven the... Read More →
Abia strengthens investment appeal, partners bank
Abia strengthens investment appeal, partners bank Abia State has strengthened its investment appeal as Zenith Bank Plc declared its strong commitment to partner with the state government to attract sustainable investments, reaffirming confidence in Governor Alex Otti’s economic reforms and... Read More →
Lontor secures N1.2bn investment from eight partners
Lontor secures N1.2bn investment from eight partners Lontor Hi-Tech Development Company has secured a boost for its 2026 growth strategy as eight partners committed a combined N1.2bn to the company’s newly launched Wuling Bus Partnership Programme. The investment was announced... Read More →
Stock Market Down N1.17trn on Profit-taking in Dangote Cement, Others
Stock Market Down N1.17trn on Profit-taking in Dangote Cement, Others The Nigerian stock market yesterday commenced the week on a downward momentum, with a decline of N1.17 trillion on investors’ profit-taking in Dangote Cement Plc (10 per cent drop) and 23 others. The Nigerian Exchange Limited All Share Index (NGX ASI) lost... Read More →
In Show of Confidence, Investors Oversubscribe Lagos N200bn Bond
In Show of Confidence, Investors Oversubscribe Lagos N200bn Bond In a historic show of confidence, investors have oversubscribed Lagos State’s N200 billion Conventional Bond. The transaction was overbooked by 55 per cent, yielding N310 billion. The overwhelming reception from the... Read More →