The Emerging Africa & Asia Infrastructure Fund (EAAIF), a private infrastructure group managed by Ninety-One, has secured a fresh $325 million in debt funding to support infrastructure projects across Africa …
Finance & Services
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AfricaASIADevelopmentDigital EconomyEconomyEnergyFinance & ServicesInfrastructureInternational RelationsINVESTMENT
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Banking, Finance & InvestmentBusinessBusiness InsightsBusiness PoliciesEconomyFinance & ServicesGOVERNMENTMarketsOil & GasPolicies
CBN Holds Interest Rate Steady Amid Stronger FX Stability and Rising Reserves
The Central Bank of Nigeria (CBN) has decided to keep its interest rate steady at 27.5 per cent. This decision was announced after the bank’s 300th Monetary Policy Committee (MPC) …
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AfricaBanking, Finance & InvestmentFinance & ServicesINVESTMENTMarketsNigeria
Nigerian Exchange Slips by N274bn as Sell-offs Hit Market
The Nigerian stock market ended Thursday on a negative note as widespread sell pressure among mid- and large-cap stocks caused investors to lose about N274 billion in market value. This …
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EconomyFinance & ServicesGOVERNMENTINVESTMENTMarketsNigeria
Federal Government Plans to Raise N300bn from Bond Market on May 26
The Federal Government of Nigeria has announced plans to raise N300 billion from the bond market through an auction scheduled for Sunday, May 26, 2025. The move is part of …
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Banking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTNigeriaPolicies
Federal Government Inaugurates New AMCON Board, Sets Timeline for Wind-Down
The Federal Government has officially inaugurated a new Board of Directors for the Asset Management Corporation of Nigeria (AMCON), with a strong message to focus on recovering assets and begin …
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Banking, Finance & InvestmentBusinessDigital EconomyEconomyFinance & ServicesINVESTMENTNigeria
Signature Bank Bounces Back with N768 Million Profit in 2024, Records 374% Revenue Growth
Signature Bank Limited has made a major comeback in 2024, posting a profit before tax of N768.05 million, a sharp turnaround from the loss of N2.87 billion it recorded in …
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AFRICA NEWSBusiness and EconomyEconomyEnergyFinance & ServicesNigeriaOil & Gas
Dangote Refinery Reduces Diesel Price Nationwide, Sells at N875 in Lagos
Dangote Refinery has again announced a cut in the price of its diesel, bringing further relief to Nigerians who have been grappling with high energy costs. In a statement issued …
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BusinessBusiness InsightsDevelopmentFinance & ServicesINVESTMENTMarketsReal Estate
Real Estate Syndication Explained: Legal Structures, Risks, and ROI
So, you’re eager to dive into substantial real estate investments, perhaps eyeing a lucrative commercial property or a sprawling residential complex. Yet, the hefty capital required for such ventures often …
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AfricaBusinessBusiness InsightsFinance & ServicesINVESTMENTMarketsReal Estate
Real Estate Private Equity vs. REITs: Where Should Professionals Invest?
You’re a real estate professional in Africa, eyeing significant opportunities. The question isn’t if you should invest, but how. By 2025, two major players stand out: Real Estate Private Equity …
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AfricaBanking, Finance & InvestmentBrand ComparisonBusinessFinance & ServicesGlobal NewsInnovationMarkets
UBA Named Nigeria’s Strongest Brand in 2024, Ranks Among World’s Top 15 Banking Brands
United Bank for Africa Plc (UBA) has claimed the top spot as Nigeria’s strongest brand in the 2024 Brand Finance ranking, making a significant leap from its 9th position in …