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CBN Concludes Banking Sector Recapitalisation Programme:?4.65 Trillion Raised to Strengthen Financial System Resilience
Read moreIn every clime all over the world, credit facilities effectively act as a crucial catalyst for economic growth during periods of tight liquidity by way of enhancing capital allocation, enabling business expansion, and fostering financial inclusion. Despite tight liquidity, targeted…
Read moreIn every clime all over the world, credit facilities effectively act as a crucial catalyst for economic growth during periods of tight liquidity by way of enhancing capital allocation, enabling business expansion, and fostering financial inclusion. Despite tight liquidity, targeted…
Read moreNigeria’s Eurobonds market extended its bearish run in March, with yields rising sharply towards the end of the month as bond prices declined across maturities. The post Nigeria’s Eurobonds extend bearish run in March as investors reprice risk appeared first…
Read moreThe Nigerian Exchange Limited (NGX) has sanctioned five brokerage firms over market manipulation and price distortion, imposing on them cumulative N291.29 million fines and corrective measures to curb unethical trading practices. The post NGX sanctions five stockbroking firms for “market…
Read moreBUA Foods has, in a remarkably short span, rewritten the playbook for scale in Nigeria’s consumer staples sector, overtaking Nestlé Nigeria as the largest listed food company on the NGX by market heft. That transformation has been nothing short of…
Read moreA Lagos State High Court sitting in Ikeja has sentenced businessman, Olumuyiwa Teniola Idowu, to a total of 30 years imprisonment over fraud involving $62,500 and €36,020. The conviction was disclosed by the Economic and Financial Crimes Commission (EFCC) in a statement shared on its…
Read moreThe Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing individual annual tax returns by two weeks, moving it from April 1 to April 14, 2026. The announcement was made in a statement signed by Monsurat Amasa-Oyelude,…
Read moreThe Nigerian Ports Authority (NPA) is targeting N1.489 trillion in internally generated revenue (IGR) for the 2026 fiscal year, reflecting its drive to strengthen earnings from port operations. The disclosure was made by the Managing Director of the NPA, Dr. Abubakar Dantsoho,…
Read moreThe African Development Bank (AfDB) has warned that the ongoing conflict in the Middle East could weaken Africa’s economic growth, with potential losses of up to 1.5% if the crisis persists beyond six months. The bank’s Chief Economist, Kelvin Urama,…
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