The Central Bank of Nigeria (CBN) has raised its total offer at the latest Treasury Bills Primary Market Auction to N550 billion, an increase from the N400 billion offered in …
Finance & Services
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Banking, Finance & InvestmentBusiness InsightsBusiness PoliciesEconomyFinance & ServicesINVESTMENTNigeria
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Banking, Finance & InvestmentBusinessBusiness and EconomyEconomyFinance & ServicesINVESTMENTMarketsNigeria
First Asset Management Crosses N1tn Assets Under Management Milestone
First Asset Management Limited, an investment management company and a subsidiary of First HoldCo Plc, has announced that it has crossed the N1 trillion mark in Assets Under Management (AUM), …
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AfricaBusinessDevelopmentDigital EconomyEconomyFinance & ServicesKenyaKenya News
Co-op Bank Partners With 619 Saccos To Expand Banking Services In Kenya
Co-operative Bank of Kenya has entered into a major partnership with 619 Savings and Credit Cooperative Societies (Saccos) across the country to improve how members access banking services. The new …
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AfricaBusinessEconomyFinance & ServicesSouth AfricaTechnologyTelecommunications
South Africa’s Biggest Companies Outshine Economy in New African Business Rankings
South Africa’s biggest companies are showing serious strength despite the country’s economic challenges, according to the 2025 ranking of Africa’s Top 250 Companies. The new report revealed that 17 out …
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Business PoliciesEconomyFinance & ServicesGOVERNMENTLabour
PenCom and Lagos Government Call for Informal Workers to Join Pension Scheme
The National Pension Commission (PenCom) and the Lagos State Governor, Babajide Sanwo-Olu, have renewed the push to bring informal sector workers into Nigeria’s Contributory Pension Scheme (CPS). This was the …
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AfricaBusiness InsightsFinance & ServicesInfrastructureManufacturingPoliciesTrade and Commerce
Infrastructure, Poor Logistics Hindering AfCFTA Benefits for African Manufacturers – PAMA
A new report by the Pan-African Manufacturers Association (PAMA) has revealed that 34 per cent of Small and Medium-scale Industries (SMIs) across Africa consider poor infrastructure and weak logistics as …
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BusinessBusiness InsightsFinance & ServicesINVESTMENTMarketsNigeriaReal Estate
SFS REIT Records 50% Net Income Growth, Declares N21.50 Dividend Per Unit
SFS Real Estate Investment Trust (SFS REIT) has posted impressive results for the 2024 financial year, reporting a 50.26 per cent increase in net income to N477.09 million. This growth …
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AfricaBusinessFinance & ServicesFintechGhanaINVESTMENTMarketsNigeriaPress ReleasesWestern Africa
VFD Group Declares N3.17bn Dividend, Bonus Shares as Profit Hits N11.3bn in 2024
Shareholders of VFD Group Plc have approved a total dividend payout of N3.17 billion, translating to N2.50 per share, following the company’s strong financial performance in 2024. The resolution was …
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BusinessBusiness PoliciesEconomyFinance & ServicesGOVERNMENTInternational RelationsNigeriaPoliciesTrade and Commerce
ACCI President Urges Nigeria to Improve Currency Swap with China to Support Businesses
The President of the Abuja Chamber of Commerce and Industry (ACCI), Chief Emeka Obegolu, has appealed to the Nigerian Government to take urgent steps to make it easier for local …
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AfricaAFRICA NEWSBusinessBusiness InsightsBusiness PoliciesEconomyFinance & ServicesInternational RelationsPolicies
Angola’s $200 Million Trouble with JPMorgan Exposes Africa’s Mounting Debt Pressure
Angola has found itself in the news again over its rising financial pressures, as a $200 million margin call from U.S. banking giant JPMorgan Chase & Co. has exposed the …