The Nigerian National Petroleum Company Limited is currently weighed down by crude-backed loan obligations estimated at N8.07tn, based on a detailed review of its 2024 financial statements and capital-commitment records. …
Nigeria is losing about N20bn every day at its seaports due to poor infrastructure, weak systems, and inefficiencies that frustrate cargo movement and drive business to neighbouring countries. This revelation …
Fuel supply stability slowed again in October 2025 as the Dangote Petroleum Refinery delivered an average of only 17.1 million litres of petrol per day, leaving Nigeria heavily dependent on …
Global Credit Ratings has upgraded the national scale issuer ratings of FairMoney Microfinance Bank, reflecting the institution’s growing strength and stability within Nigeria’s competitive microlending market. In its latest assessment, …
The Dangote Group and the Kano State Government are strengthening their long-standing partnership to support business growth, industrial development, and social programmes across the state. This renewed collaboration became more …
The naira recorded a stronger performance in the past week as it closed at N1,446.74 per dollar at the official market, showing a 0.69 per cent rise compared to the …
The Institute of Chartered Accountants of Nigeria on Wednesday welcomed more than 2,000 new members into its fold during an induction ceremony held at the ICAN Centre in Lagos. The …
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has warned that Africa can no longer depend on foreign aid and concessional loans as rising debt costs …
Access Holdings Plc, the parent company of Access Bank, has announced plans to raise about N40bn through a private placement as part of its ongoing capital-raising programme. The move is …
The top ten banks in Nigeria have grown their savings deposits to N33.24 trillion in the first nine months of 2025, marking a 6.8 per cent increase from the N31.13 …