The World Bank has revised its economic growth forecast for Kenya down to 4.5% for 2025, cutting half a percentage point from its earlier projection. The global lender cited rising …
Banking, Finance & Investment
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Banking, Finance & InvestmentEastern AfricaEconomyFinance & ServicesGOVERNMENTKenyaKenyan News
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BusinessEducationEventsInsuranceINVESTMENTNewsNigeriaWestern Africa
WAICA Unveils Speakers for 2025 Education Conference at Eko Hotels, Lagos
The West African Insurance Companies Association (WAICA) has announced the lineup of speakers for its 2025 Education Conference, set to hold from October 12 to 15 at Eko Hotels and …
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AfricaBusinessDevelopmentEventsFinance & ServicesINVESTMENT
NSIA to Host Over 15 African Sovereign Wealth Funds and Global Investors in Abuja for ASIF 2025
The Nigeria Sovereign Investment Authority (NSIA) is preparing to host over 15 African sovereign wealth funds and top global investment leaders at the Africa Sovereign Investors Forum (ASIF) 2025, which …
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AfricaBusinessBusiness InsightsBusiness PoliciesEconomyHealthcareINVESTMENTManufacturingNigeriaPolicies
Pharma Stakeholders Call for Local Production, Investment at 2025 Nigeria Pharmaceutical Summit
Top stakeholders in Nigeria’s healthcare and pharmaceutical sectors have reiterated the urgent need to improve local drug manufacturing capacity, calling for increased investment, technology adoption, and strategic partnerships. The call …
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Banking, Finance & InvestmentFinance & ServicesGOVERNMENTMarketsNigeria
Fidelity Bank Denies Insider Trading Allegation Against MD/CEO Nneka Onyeali-Ikpe, Calls Report False and Malicious
Fidelity Bank Plc has strongly refuted a recent report alleging that its Managing Director and Chief Executive Officer, Dr. Nneka Onyeali-Ikpe, was involved in insider trading and used bank funds …
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Banking, Finance & InvestmentEconomyFinance & ServicesNigeriaStanbic IBTC
Win Big! Stanbic IBTC’s N130M Reward4Saving Promo Returns
Stanbic IBTC Bank has relaunched its highly anticipated Reward4Saving Season 4 Promo, offering over ₦130 million in cash prizes to loyal savers over the next 12 months. This customer-focused campaign …
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Banking, Finance & InvestmentBusinessBusiness InsightsEconomyMarketsNigeriaPolicies
CBN Reforms Push Diaspora Remittances to $4.76bn in 2024, Up by 44.49%
Foreign exchange inflows into Nigeria through International Money Transfer Operators (IMTOs) rose sharply to $4.76 billion in 2024, representing a 44.49 per cent increase from $3.30 billion recorded in 2023. …
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Banking, Finance & InvestmentBusinessBusiness InsightsFinance & ServicesINVESTMENTMarkets
Nigerian Stock Market Loses N197bn as Investors Take Profit and Sentiment Weakens
The Nigerian Exchange Limited (NGX) closed last week with a bearish performance, as the equities market lost N197 billion in market capitalisation. This followed weak investor sentiment and profit-taking activities …
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Banking, Finance & InvestmentEconomyINVESTMENTMarketsNigeriaOil & Gas
Nigerian Stock Market Gains 64% in One Year Amid Investor Confidence and Strong Corporate Results
The Nigerian stock market has recorded a major gain of 64.11 per cent from July 2023 to June 2024, as the All-Share Index of the Nigerian Exchange Limited (NGX) rose …
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EconomyFinance & ServicesInfrastructureINVESTMENTNigeria
First Asset Management unveils N100bn infrastructure fund
First Asset Management, a top investment company and a part of First HoldCo Plc, has launched a N100 billion infrastructure fund aimed at boosting critical infrastructure projects across Nigeria. The …