The South East Development Commission (SEDC) has unveiled an ambitious economic transformation agenda aimed at driving long-term growth in Nigeria’s South East region. The plan, which includes building a $1 …
Economy
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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 …
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Uganda Airlines Launches Nigeria–East/Southern Africa Air Cargo Corridor to Boost AfCFTA Trade for Nigerian Exporters
Uganda Airlines has launched a new air cargo corridor connecting Nigeria to East and Southern Africa, aiming to facilitate Nigerian exports into the African Continental Free Trade Area (AfCFTA) market. …
- Banking, Finance & InvestmentEconomyFinance & ServicesMarketsNigeriaSecurity
CBN Records N1.21tn Subscription at Latest T-Bills Auction Amid Strong Investor Demand
The Central Bank of Nigeria (CBN) has recorded a significant rise in investor interest at its most recent treasury bills auction, with total bids hitting N1.21 trillion, despite slightly reducing …
- EconomyGOVERNMENTInfrastructureInnovationNigeriaPoliciesTechnologyTelecommunications
NCC Data Shows Nigerians Cutting Back on Internet Usage Despite Rising Broadband Penetration
New figures released by the Nigerian Communications Commission (NCC) have revealed a fluctuating trend in national data consumption, as more Nigerians appear to be rationing internet usage following recent tariff …
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Cap Rate, NOI, and IRR Explained for Smarter Property Investment
Understanding Cap Rate: Your First Glance at Profitability – The Quick Scan Dear investor, in Nigeria’s bustling property market, the ability to size up a real estate opportunity with surgical …
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Kalinda, Iradukunda Urge African Youth to Embrace Regional Trade and Break Colonial Borders
Senate President François-Xavier Kalinda has called on African youth to take full advantage of the growing regional trade opportunities across the continent, urging them to break free from colonial-era thinking …
- BusinessBusiness InsightsDigital EconomyEconomyFinance & ServicesInsuranceNigeria
NEM Insurance Plc has made a major breakthrough in Nigeria’s
insurance industry by becoming the first non-life insurance company to cross the N100 billion mark in gross premium income. The achievement was revealed during the company’s 55th Annual General Meeting …
- BusinessEconomyFinance & ServicesINVESTMENTMarketsNigeria
SEC: Listed Firms Paid N1.1 Trillion Dividends in 2024 as Market Activity Rises
The Securities and Exchange Commission (SEC) has disclosed that companies listed on the Nigerian Exchange paid a total of ₦1.1 trillion in dividends to shareholders in 2024, with ₦1.0 trillion …
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First HoldCo Declares N25.13bn Dividend as 2024 Earnings Hit N3.21tn
First HoldCo Plc has announced a total dividend payout of N25.13 billion for the financial year ending December 31, 2024. The decision was approved at the company’s 13th Annual General …