Polaris Bank has sustained its focus on girl-child empowerment through health education and practical support, as it distributed hygiene essentials to female students of Kuramo Junior and Senior Secondary School …
Banking, Finance & Investment
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Banking, Finance & InvestmentCorporate Social Responsibility,EducationHealthLagos NewsWomen,Youth
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EconomyGovernment PolicyInfrastructureINVESTMENTPublic HealthTransport
Four investors push for Lagos-Calabar highway concession
The Federal Government has said the Lagos-Calabar Coastal Highway project is already attracting strong interest from international investors, with at least four companies indicating willingness to refund the full cost …
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BusinessEconomyForeign AffairsINVESTMENTNewsNigeriaTechnologyTelecommunications
Nigeria’s Telecom Sector Attracts $991m FDI in Three Years
Nigeria’s telecommunications sector attracted a total of 991 million dollars in foreign direct investment, FDI, between 2022 and 2024, highlighting sustained investor interest in the industry despite regulatory reforms and …
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BusinessEconomyInfrastructureINVESTMENTReal EstateTransportation & Logisitics
Sanwo-Olu inaugurates 29,000sqm TY Logistics Park
Lagos State Governor, Babajide Sanwo-Olu, has inaugurated the new TY Logistics Park FZE, a Grade-A contract logistics facility covering about 29,000 square metres, describing it as the first development of …
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AgricultureBanking, Finance & InvestmentEconomyFood SecurityPoliciesRural Development
CBN Targets Higher Farm Loans as Cardoso Pushes Banks
The Central Bank of Nigeria (CBN) has said it plans to raise agricultural lending beyond the current level of less than five per cent of total bank credit, as the …
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AgricultureBanking, Finance & InvestmentEconomyGovernancePoliciesRural DevelopmentTechnology
CBN Tasks ACGSF Board to Remove Collateral Barriers
The Central Bank of Nigeria (CBN) has charged the newly inaugurated Board of the Agricultural Credit Guarantee Scheme Fund (ACGSF) to ensure that lack of collateral and remote location no …
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Banking, Finance & InvestmentBusinessCapital MarketCryptocurrencyCyber securityLegal Affairs
SEC to seize CBEX’s N1.3tr cash over ponzi scheme
The Securities and Exchange Commission (SEC) has asked the Investments and Securities Tribunal (IST) to order the immediate freezing of bank accounts linked to Crypto Bridge Exchange (CBEX) and 25 …
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BankingEconomyFinance & ServicesGovernment PolicyINVESTMENTMarket Forecast
Naira Weakens Slightly at Official Market as Dollar Demand Increases Toward Year-End
Nigeria’s currency recorded a slight weakening at the official foreign exchange market on Monday, as the naira closed at N1,451.86 per US dollar, compared to N1,450.43 per dollar recorded at …
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BusinessEconomyEnergyGOVERNMENTINVESTMENTOil & GasPolicies
FG Cuts Oil Block Signature Bonus to $3m–$7m
The Federal Government of Nigeria has reduced the signature bonus required for participation in the 2025 oil block licensing round, in a major move aimed at attracting more investors into …
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BankingCapital MarketEconomyINVESTMENTStock MarketTechnology
Nigerian Stock Market Gains N2.44tn as ICT and Banking Stocks
The Nigerian Exchange Limited (NGX) ended the week on a strong note as renewed buying interest in ICT and banking stocks lifted the market by N2.44 trillion. The All-Share Index …