The Central Bank of Nigeria (CBN) may cut interest rates for the first time in five years as easing inflation and a stronger naira create room...
The Debt Management Office (DMO) has reiterated that government borrowing in Nigeria should strictly be channelled towards development projects and not consumption. In a statement issued...
Nigeria’s crude oil export earnings fell to N24.92 trillion in the first half of 2025 despite a steady rise in production volumes, according to the latest...
Fidelity Bank Plc has announced plans to spotlight the role of financial technology in driving U.S.–Africa trade, as part of its upcoming international trade and investment...
Borrowing costs in South Africa, Nigeria, and Kenya have surged over the past five years, driven by weak policy frameworks, inflationary pressures, and adverse market conditions,...
Wema Bank Plc has taken a decisive step in the ongoing banking sector recapitalisation by completing a ₦150 billion Rights Issue and securing an additional ₦50...
The Nigeria Customs Service (NCS) is facing mounting pressure to deliver on its ₦10 trillion revenue target for 2025 after collecting ₦3.6 trillion in the first...
Sterling Financial Holdings Company Plc has projected a profit after tax of ₦16.25 billion for the fourth quarter (Q4) ending December 31, 2025. According to the...
The African Export-Import Bank (Afreximbank) and Shelter Afrique Development Bank (ShafDB) have signed a Joint Project Preparation Facility (JPPF) Framework Agreement aimed at unlocking at least...
The Sokoto State Executive Council has approved a technical amendment to the 2025 budget by reallocating ₦38.81 billion from under-utilised projects to priority sectors to strengthen...
