Connect with us
United Capital Group has announced the acquisition of a 5% equity stake in the Nigerian Exchange Group (NGX Plc). The acquisition was disclosed in a statement issued on Monday,...
The Central Bank of Nigeria (CBN) has absorbed approximately N6.88 trillion from the financial system through Open Market Operations (OMO) auctions in the first two weeks...
The Dangote Group has reinforced its long-standing partnership with the Africa Finance Corporation (AFC) through the signing of a $600 million loan facility to support the...
Mobile phone subscribers in Nigeria and other emerging markets borrowed airtime worth $3.18bn on credit in 2025, with Africa accounting for more than 94 per cent...
Nigerian banks generated N224.69bn from electronic banking services and ATM/card-related charges in the first quarter of 2026, representing a 12.56 per cent increase from N199.61bn recorded...
Traders in Lagos have blamed insecurity in major producing communities, supply shortages, and rising transportation costs for the sharp increase in ginger prices, with a paint...
In 1998, Diageo plc needed someone who understood Nigerian Guinness and the British market for it. Kayode Sunday Toyinbo understood both. Diageo appointed his two-year-old company,...
The International Monetary Fund has recommended introducing taxes on fuel products and telecommunications services in Nigeria as part of broader measures to increase government revenue and...
…Kenyan, South African, Egyptian, and Moroccan lenders extend earnings growth Nigeria’s banking sector, once the continent’s standout profit story, is losing momentum. After posting record...
With the primary equities market experiencing a prolonged chill, Nigerian corporate issuers are aggressively shifting their gaze toward the short-term debt capital market. The cooling of...