The Private Infrastructure Development Group (PIDG), through its project development arm, InfraCo, has exited its $26 million preference share investment in InfraCredit Nigeria, posting a strong return despite a tough …
BUA Foods Plc has posted a pre-tax profit of N534.8 billion for the 2025 financial year, almost double the N284.3 billion recorded in 2024, according to its audited results filed …
Nigerian fintech giant, Moniepoint, has processed transactions valued at N412 trillion in 2025, further cementing its dominance in the country’s retail payments space. The company also disclosed that it disbursed …
The Federal High Court in Abuja has ordered the final seizure and forfeiture of a Bombardier BD-700 Global 6000 aircraft to the Federal Government, following a suit filed by the …
Zenith Bank Plc has secured regulatory approval from the Competition Authority of Kenya (CAK) to acquire 100 per cent of Paramount Bank Limited, marking a major step in the Nigerian …
FCMB Asset Management Limited (FCMBAM) has announced plans to open the FCMB–TLG Private Debt Fund Series 2, targeting up to N20 billion from investors, following the receipt of all required …
Nigeria’s fast-growing digital economy is facing a major threat from a deepening shortage of skilled technology professionals, with industry experts warning that as much as $11 billion in annual sector …
The Federal Government has directed banks and fintech companies to begin collecting and remitting 7.5 per cent Value Added Tax (VAT) on selected electronic banking service fees, effective Monday, January …
Flutterwave Inc. has acquired open-banking startup Mono Technologies Nigeria Ltd. in a move aimed at boosting earnings, deepening its payments infrastructure and strengthening its prospects for a future initial public …
Nigeria has signed a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE), a move the Federal Government has described as a major boost to trade relations and …
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