First City Monument Bank has been named Nigeria’s Best SME Focused Bank for 2025 by the Chartered Institute of Bankers of Nigeria. The bank received the recognition after emerging as …
BankingBusinessEconomyFinanceNigeriaSMEs
Category:
Economy
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BusinessCorporate AffairsDevelopmentEconomyEntrepreneurshipHousingReal Estate
Akmodel Homes and Properties Marks 5th Anniversary, Highlights Growth and Commitment to Excellence
Akmodel Homes and Properties has marked its 5th anniversary, celebrating a major milestone that reflects years of steady growth, innovation and commitment to raising standards in Nigeria’s real estate industry. …
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Debt Management,EconomyEnergyFinanceGOVERNMENTInfrastructureOil & GasPolicies
NNPCL Faces N8.07tn Crude-Backed Loan Burden as Debt Repayments
The Nigerian National Petroleum Company Limited is currently weighed down by crude-backed loan obligations estimated at N8.07tn, based on a detailed review of its 2024 financial statements and capital-commitment records. …
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BusinessEconomyEnergyGOVERNMENTMarketsOil & Gas
Dangote Refinery Output Falls Short as Nigeria Leans on Fuel Imports in October
Fuel supply stability slowed again in October 2025 as the Dangote Petroleum Refinery delivered an average of only 17.1 million litres of petrol per day, leaving Nigeria heavily dependent on …
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BankingEconomyFinanceNigeria
FairMoney MFB Gets Rating Upgrade as GCR Backs Strong Growth, Technology and Risk Management
Global Credit Ratings has upgraded the national scale issuer ratings of FairMoney Microfinance Bank, reflecting the institution’s growing strength and stability within Nigeria’s competitive microlending market. In its latest assessment, …
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AgricultureBusinessEconomyNigeriaTrade
Dangote Group, Kano Government Deepen Partnership to Boost Trade
The Dangote Group and the Kano State Government are strengthening their long-standing partnership to support business growth, industrial development, and social programmes across the state. This renewed collaboration became more …
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BusinessCurrencyEconomyFinanceForex TradingNigeria
Naira Strengthens as CBN Reforms Boost Investor Confidence
The naira recorded a stronger performance in the past week as it closed at N1,446.74 per dollar at the official market, showing a 0.69 per cent rise compared to the …
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Corporate ServicesDevelopmentEconomyEducationFinanceGovernanceNigeria
ICAN Inducts Over 2,000 New Members, Expands Professional Community to Nearly 70,000
The Institute of Chartered Accountants of Nigeria on Wednesday welcomed more than 2,000 new members into its fold during an induction ceremony held at the ICAN Centre in Lagos. The …
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AgribusinessEconomyFinanceGOVERNMENTRegional IntegrationTrade
Finance Minister Wale Edun Says Africa Must Rely on Private Capital
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has warned that Africa can no longer depend on foreign aid and concessional loans as rising debt costs …
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BankingBusinessCapital MarketCorporate GovernanceEconomyFinanceNigeria
Access Holdings Moves to Raise N40bn Through Private
Access Holdings Plc, the parent company of Access Bank, has announced plans to raise about N40bn through a private placement as part of its ongoing capital-raising programme. The move is …