Banking, Finance & Investment

The Nigerian Exchange Limited (NGX) ended trading on a quiet note on Wednesday, gaining N67 billion in market capitalisation, even though overall trading activities dropped significantly. The day’s session reflected …

International rating agency, Fitch Ratings, has reaffirmed the Long-Term Issuer Default Rating (IDR) of Ecobank Nigeria (ENG) at ‘CCC’. This means that while the bank’s financial standing remains challenged, it …

Guinea Insurance Plc has announced a net loss of N114.7 million for the first half of 2025, marking a sharp reversal from the profit of N116.1 million it recorded in …

Diamond Trust Bank (DTB) Kenya has reduced its base lending rate for all Kenya shilling-denominated credit facilities, cutting it by 20 basis points from 14.41% to 14.21%, effective July 1, …

The World Bank has agreed to finance the construction of the Mphanda Nkuwa hydropower plant in Mozambique. The massive project is valued at US$6.4 billion (about 406.4 billion meticais) and …

Polaris Bank has reaffirmed its commitment to youth empowerment and social inclusion by supporting the 2025 Maracana Children’s Fest, a grassroots event that impacted over 3,000 young Nigerians in Ajegunle, …

The luxury real estate market in Lagos State is fast becoming a top destination for investors, as the latest State of Lagos Housing Market Report (Vol. 3) reveals average rental …

Craneburg EKSG Motorway Company Plc has officially listed its N32.5 billion, 20-year, 22 per cent senior guaranteed fixed-rate infrastructure bond on the Nigerian Exchange Limited (NGX). The bond was admitted …

British businesses are showing growing interest in Nigeria and other African countries as the continent becomes a key target for international investments. This development is driven by Africa’s vast mineral …

Union Bank of Nigeria Plc has promoted about 24 percent of its workforce following the conclusion of its annual staff assessment and performance evaluation exercise. The bank made this known …