The Nigerian Exchange Limited (NGX) opened the week on a negative note as persistent profit-taking dragged the All-Share Index (ASI) down by 0.50 per cent to close at 148,781.90 points …
Finance
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BankingBusinessEconomyFinanceINVESTMENTStock Market
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BusinessEconomyFinanceINVESTMENTPensionTechnology
Leadway Pensure’s Pension Assets Rise to N1.35tn, Up 23.45% in Six Months
Pension Fund Administrator Leadway Pensure has announced a strong financial performance for the first half of 2025, with its Assets Under Management (AUM) rising to N1.35 trillion as of the …
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BankingBusinessEconomyFinanceINVESTMENTMonetary Policy
Nigerian Banks Earn Over N14.7tn in Nine Months as High-Interest Rates Boost Sector Growth
Nigeria’s biggest banks have continued to enjoy massive earnings in 2025 as nine major financial institutions raked in a total of N14.72 trillion in interest income during the first nine …
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BusinessEconomyFinanceForeign ExchangeGOVERNMENTMarkets
Nigeria’s FX Reserves Projected to Hit $45bn in 2025 After $2.3bn Eurobond Success
Nigeria’s foreign exchange reserves are expected to climb to about $45 billion by the end of 2025, following strong investor confidence in the country’s $2.3 billion Eurobond issuance, according to …
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BusinessEconomyFinanceGOVERNMENTInternational AffairsMarkets
Nigeria Returns to Global Market with $2.25bn Eurobond, Draws $9.1bn Investor Demand Despite US Tension
The Federal Government of Nigeria has successfully returned to the international capital market with a $2.25 billion Eurobond issuance, attracting an impressive $9.1 billion in investor orders despite global uncertainty …
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AgricultureDevelopmentEconomyFinanceGOVERNMENTInternational Partnerships
FG secures $500m World Bank loan to boost Nigeria’s agricultural value chains
The Federal Government has secured a $500 million loan from the World Bank to strengthen Nigeria’s agricultural value chains and accelerate food security and rural industrialisation in line with President …
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BankingCapital MarketCorporate EarningsEconomyFinanceINVESTMENTNigeria
Sterling HoldCo Reports 44% Surge in Earnings, Assets Hit ₦4.09tn
Sterling Financial Holdings Company Plc has announced a 44.1 per cent rise in gross earnings to ₦341.7 billion for the nine months ending September 2025, compared to ₦237.2 billion recorded …
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BankingBusinessEconomyFinanceINVESTMENTRegulation
Standard Chartered Meets CBN’s N200bn Capital Requirement Ahead of 2026 Deadline
Standard Chartered Bank Nigeria Limited has announced that it has successfully met the Central Bank of Nigeria’s (CBN) new minimum capital requirement of ₦200 billion for national commercial banks, well …
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BusinessDevelopmentDiasporaEconomyFinanceINVESTMENT
FG, NiDCOM, and Banks Launch New Drive to Harness $20bn Diaspora Remittances for Economic Growth
The Federal Government has launched a renewed effort to channel over $20 billion in annual diaspora remittances into productive investments aimed at accelerating Nigeria’s economic growth and national development. The …
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BusinessDevelopmentEconomyFinanceGovernance
Experts Advocate Turnaround Management to Revive Nigeria’s Moribund Assets
Experts have urged both the government and private sector players to embrace turnaround management as a key tool for reviving moribund assets and driving Nigeria’s economic recovery. This call was …