The Nigerian National Petroleum Company Limited (NNPCL) has urged the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to strengthen its role in facilitating new investments, especially in deepwater oil projects, to …
Banking, Finance & Investment
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EconomyEnergyGovernanceINVESTMENTOil & GasRegulation
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BusinessCapital MarketEconomyFinance & ServicesINVESTMENTNigeriaStock Market
Nigerian Stock Market Gains N611bn as Industrial Stocks Lift Investor Confidence
The Nigerian Exchange (NGX) opened the week on a strong note as investors recorded a combined gain of ₦611 billion, driven by renewed interest in industrial and mid-cap stocks, particularly …
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EnergyGovernanceInfrastructureINVESTMENTNigeriaPower & Energy,
Kano, Katsina, Jigawa partner on tri-state electricity market, to acquire stake in Future Energies Africa
The governments of Kano, Katsina, and Jigawa States have agreed to form a partnership on the proposed Tri-state Electricity Market and jointly acquire equity stakes in Future Energies Africa (FEA) …
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BankingDevelopmentEconomyFinanceINVESTMENTMonetary PolicyNigeria
CBN to Offer N650bn Treasury Bills at October 22 Auction
The Central Bank of Nigeria (CBN) has announced plans to conduct another round of Treasury Bills (T-Bills) auction on Wednesday, October 22, 2025, with a total of N650 billion worth …
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BankingCapital MarketEconomyFinanceINVESTMENT
Wema Bank Strengthens Capital Base with Fully Subscribed N50 Billion Special Placement
Wema Bank Plc has announced the successful completion of the second tranche of its N50 billion Special Placement, which was fully subscribed by investors. The achievement further strengthens the bank’s …
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Capital MarketEconomyFinanceGOVERNMENTINVESTMENT
FG, Corporates Raise N3.4 Trillion on NGX in Eight Months
The Federal Government of Nigeria (FGN) and some corporate organisations have raised more than N3.4 trillion through the Nigerian Exchange (NGX) between January and August 2025. This was disclosed in …
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AfricaBankingBusinessEconomyFinanceINVESTMENT
Zenith Bank Plans Major Expansion into Côte d’Ivoire and Francophone Africa After N614.65bn Capital Raise
Zenith Bank Plc has announced plans to expand its operations into Côte d’Ivoire and eight other Francophone African countries, marking a major step in its goal to become a leading …
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AwardsBankingBusinessFinanceINVESTMENTTechnology
CardinalStone Group Shines at 2025 BAFI Awards with Dual Wins
CardinalStone Group has won two major awards at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, further solidifying its reputation as one of Nigeria’s most innovative and trusted …
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AfricaBusinessDebt Management,FinanceImmigrationINVESTMENT
Optiva Capital Reaffirms Leadership in Global Migration and Investment Immigration Industry
Optiva Capital Partners has restated its leadership in the global migration and investment immigration sector, positioning itself as a key bridge between African investors and international opportunities. Speaking during a …
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BusinessCapital MarketEconomyFinanceINVESTMENTStock Market
NGX Closes Slightly Positive as Investors Trade Cautiously Amid Q3 Earnings Season
Trading on the Nigerian Exchange (NGX) closed on a mildly positive note on Wednesday as investors slowed down on bargain hunting despite the continued release of third-quarter (Q3) corporate earnings …