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Rand Merchant Bank has successfully led a $340 million refinancing for Indorama Fertilizer, enhancing Nigeria's non-oil exports and food security. This move is expected to positively impact the agricultural sector in the country.
President Bola Ahmed Tinubu has inaugurated Africa's largest lithium processing plant in Nasarawa, capable of processing 6,000 metric tons daily. This development is expected to boost Nigeria's position in the lithium market.
While markets may price shares every day, shareholders stand to judge companies over decades. In the long run, confidence earned read more How shareholders’ confidence is earned over decades
Traders in Ibadan are facing substantial losses after a fire destroyed a traditional herbs market. Valuable goods worth millions of naira were lost in the blaze.
The World Bank has stated that Nigeria's primary challenge is low revenue rather than high debt levels. It emphasizes that increasing revenue could lead to improved job creation and reduced poverty.
South Africa-listed fintech company Optasia, said it expects revenue for the first half of 2026 to increase by between 50 read more Optasia posts 60% growth outlook, expands across emerging markets
An early morning inferno has destroyed numerous herbal shops and goods worth millions at Ibadan’s popular Bode Market. Firefighters brought the blaze under
Cordros Asset Management has successfully hosted its 5th Financial Literacy Debate in Abuja, promoting the importance of equities as a hedge against inflation. The event underscores the company's commitment to enhancing financial inclusion among the youth.
The Bank of Industry (BOI) has invested N644.9 billion across 14 sectors in Nigeria, resulting in the creation of 1.68 million jobs. This initiative highlights the BOI's commitment to economic development and job creation in the country.
Discover how private debt can help Nigerian businesses overcome financing challenges and achieve sustainable growth. Learn about tailored solutions for you
The Nigerian agricultural sector holds significant untapped potential amidst global economic changes. Investment challenges remain a key concern for the region's socioeconomic development.
The International Monetary Fund (IMF) has reported that Nigeria failed to record public spending equivalent to approximately 2 percent of read more Nigeria’s budget transparency under scrutiny as IMF cites missing 2% of GDP
When Sundry Markets Limited opened its first Marketsquare store in Yenagoa in 2015, the ambition did not immediately announce itself read more The business strategy behind Marketsquare’s decade of growth
The Nigerian stock market has lost more than N13 trillion in market value since reaching an all-time high in May. read more Is the NGX correcting or repricing Nigeria’s recovery?
Afreximbank's Dr. George Elombi has called on Nigeria and other African countries to cease lithium exports, crucial for electric vehicle batteries. This move aims to bolster local industries and retain value within the continent.
The Federal Government is seeking enhanced development finance and increased private capital to achieve its $1 trillion economy goal. Officials emphasize that relying solely on public funds is insufficient for the country's economic plans.
The Nigerian Naira maintained a steady path against the United States Dollar at the start of Friday’s trading session, reflecting subtle shifts across both the official window and the parallel market. The post Dollar to Naira exchange rate today, July 3, 2026 appeared first on ...
Nigeria is set to face a lubricant supply squeeze due to tightening global base oil supplies and rising prices, impacting West African imports. Learn more
African startups raised $3.9bn in 2025, marking a significant rebound in funding. Discover how venture debt and diversified investments are driving African
The Bank of Industry has been allocated N645 billion to support the economy and is expected to create 1.68 million jobs by 2025. Leaders commend the bank's governance and its impact on manufacturing companies in Nigeria.
The Naira has fallen to N1,403 per dollar in the black market, a decline from N1,385 per dollar the previous day. This depreciation reflects ongoing challenges in Nigeria's currency market.
The Chartered Institute of Stockbrokers (CIS) has challenged FTSE Russell's decision to delay Nigeria's reclassification to Frontier Market status. They view this as a temporary review process, indicating optimism for future developments.
Trade between Nigeria and the United States has increased by 14%, approaching $15 billion by 2025. This growth reflects strengthening economic ties between the two nations.
Shell and nine Nigerian banks have initiated a $3 billion funding program to support local oil service providers. This initiative is expected to significantly enhance the capabilities of indigenous contractors in the oil sector.
Olayemi Cardoso, Governor of the Central Bank of Nigeria, has launched a vision to transform Nigeria into a global fintech production center. He urged banks to invest N4.65 trillion in the real sector to support this initiative.
Senator Abubakar Bagudu has informed global investors in Germany that President Tinubu's reforms have enhanced Nigeria's investment climate. He emphasized the country's commitment to sustainability and green investments at a recent conference.
Ejiofor Alike Nigeria faces a direct fiscal alarm bell in the third quarter (Q3) of 2026 as crude oil price dips below $80 per barrel amid fragile global stability, with
The Central Bank of Nigeria's revocation of 46 microfinance banks has sparked discussions on the need to revise existing regulations. This move highlights ongoing concerns within the industry regarding compliance and operational standards.
Dangote Petroleum Refinery has lowered its petrol price by N50 to N1,075 per litre, enhancing competition in the market. This move is expected to benefit Nigerian consumers significantly.
Aviation fuel marketers are optimistic that Jet A1 prices will decrease to pre-Iran conflict levels. This development is expected to benefit airline operators significantly.