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Local and International Capital Providers Key to Nigeria’s Economic Growth, Says…
At the 21st Annual AVCA Conference and VC Summit in Lagos, Temi Popoola, the Group Managing Director/CEO of the…
FCMB Group Posts ₦7.1 Trillion in Assets, Declares Dividend at 12th AGM Amid…
At the recently held 12th Annual General Meeting of FCMB Group Plc in Lagos, shareholders endorsed the company’s…
NNPC Overhauls Leadership: Maryam Idrisu, Obioma Abangwu Appointed Amid Mass Staff…
The Nigerian National Petroleum Company (NNPC) Ltd has initiated a significant restructuring of its leadership,…
Naira Shows Resilience Despite Declining Reserves, Backed by CBN Reforms and…
Despite a noticeable decline in Nigeria’s external reserves, the naira has held steady in both official and…
Nigerian Breweries Appoints Uzodinma Odenigbo as New Corporate Affairs Director
Nigerian Breweries Plc has announced the appointment of Uzodinma Odenigbo as its new Corporate Affairs Director,…
FCCPC asks Ibadan Disco to refund customers’ transformer investments
The Federal Competition and Consumer Protection Commission (FCCPC) has directed the Ibadan Electricity…
Nigeria’s Debt Servicing Surges to N696bn in January, Outpaces Revenue by 144%
Nigeria's fiscal crisis deepened in January 2025 as the Federal Government spent a staggering N696.27bn on debt…
European Markets End on a High, FTSE 100’s Winning Streak Continues Amid…
European stock markets closed higher on Thursday, with most sectors seeing gains despite ongoing concerns about…
CNBC Daily Open: U.S. consumers are starting to feel the pinch of Trump tariffs
U.S. consumers are increasingly feeling the economic consequences of President Donald Trump’s tariffs, with price…
Emerging Economies Show Greater Trust in AI, Survey Finds
A new global survey from the University of Melbourne and KPMG reveals that people in emerging economies are more…
Stocks Steady, Dollar Firms as U.S. Eases Auto Tariffs Amid Market Jitters
Markets opened Tuesday on a cautious yet slightly positive note after the U.S. announced a softening of auto…
Naira Stays Firm Below ₦2,200/£ as Global Pound Strength Faces Local Resistance
The Nigerian naira held firm against the British pound in the unofficial market, closing at around ₦2,177/£ as of…
Fitch Upgrades Credit Ratings of Lagos, Kaduna, Kogi, and Oyo States Amid…
Global credit rating agency Fitch Ratings has upgraded the Long-Term Issuer Default Ratings (IDRs) of Lagos,…
Richard Quaye Retires from Bills Micro Credit; Kwadwo Kwarteng Named New Board…
Business heavyweight Richard Nii Armah Quaye has officially retired from his role as Board Chairman of Bills Micro…
MTN Ghana Confirms Data Breach Affecting 5,700 Customers, Launches Investigation
MTN Ghana has officially confirmed that approximately 5,700 of its customers may have been affected by a recent…
Bullish Run on NGX: International Breweries, Cadbury Spark N228bn Market Surge
The Nigerian Exchange (NGX) sustained its bullish trend on Monday, led by notable gains in blue-chip stocks such…
Nigeria’s SEC Recognizes Crypto as Securities: What It Means for the…
In a landmark move, Nigeria's Securities and Exchange Commission (SEC) has officially classified cryptocurrencies…
FG Approves Textile Development Board and $90bn Agribusiness, Livestock Growth…
The National Economic Council (NEC), chaired by Vice President Kashim Shettima, has approved the establishment of…
Nigerian Banks See 51% Surge in Customer Deposits to N140.97 Trillion in 2024 Amid…
In 2024, Nigerian banks achieved a remarkable 51% growth in customer deposits, reaching N140.97 trillion, compared…
Global Debt Challenges: Navigating Fiscal Policy Amid Economic Uncertainty
Amid escalating global uncertainty, governments face tough choices in balancing rising public debt with economic…
European Markets Gain Momentum; Deliveroo Surges After DoorDash Takeover Proposal
European markets experienced a positive start to the week, with most sectors trading higher on Monday. The Stoxx…
UBA Chairman Elumelu Assures Shareholders of N500 Billion Capital Base by Q3 2025
At the United Bank for Africa (UBA) Plc's 63rd Annual General Meeting (AGM) in Abuja, UBA Chairman Tony Elumelu…
Panic Over World Bank’s 56% Poverty Surge Forecast in Nigeria: Urgent Calls…
A recent warning from the World Bank has sparked widespread concern about a projected 56% increase in poverty…
Foreign Investors Propel NGX Beyond N1trn Threshold Amid Strong Market Activity
In March 2025, the Nigerian Exchange Limited (NGX) experienced significant growth, crossing the N1 trillion…
SERAP Urges Zuckerberg and Meta to Pay $220M Fine and Compensate Victims for…
The Socio-Economic Rights and Accountability Project (SERAP) has called for Mark Zuckerberg, the CEO of Meta…
CBN Raises N2.93trn from T-Bills and OMO Auctions Amid Strong Investor Demand
In a significant move, the Central Bank of Nigeria (CBN) successfully raised N2.93 trillion through Treasury Bills…
Nigeria Poised for Economic Resilience Amid Global Uncertainties, Says Finance…
Nigeria’s economic outlook remains positive despite global uncertainties, according to Wale Edun, the Minister of…
IMF Boss commends Ato Forson for strong commitment to economic reforms
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), has praised Ghana’s Finance…
NGX gains N966bn in holiday-shortened week
The Nigerian Exchange Limited (NGX) recorded a significant boost in market capitalisation, gaining N966 billion…
World Bank names Dangote member private sector investment Lab
The World Bank Group has announced a new phase for its Private Sector Investment Lab (PSIL), aimed at scaling…