African leaders, policymakers, and investors are pushing for a new continental approach to development financing — one that relies less on foreign debt and more on Africa’s own pension assets, …
Finance
- AfricaBusiness and EconomyFinanceInfrastructurePolicies
- BusinessEastern AfricaFinanceINVESTMENTTechnologyTelecommunications
MTN Uganda Raises Second Interim Dividend by 40%, Signals Confidence in Growth
MTN Uganda Limited has declared a second interim dividend of Shs 10.5 per share, marking a 40 percent increase from the previous payment. The company said the move was supported …
- EconomyFinanceGovernanceNational AssemblyNigeriaPolitics
Senate Approves ₦1.15 Trillion Loan for Tinubu to Fund 2025 Budget Deficit
The Nigerian Senate has approved President Bola Ahmed Tinubu’s request to obtain a new ₦1.15 trillion domestic loan to help fund part of the deficit in the 2025 national budget. …
- BankingBusinessEconomyFinanceINVESTMENTStock Market
Nigerian Stocks Extend Losses as Profit-Taking Wipes Out N471.99bn
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 …
- 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 …
- 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 …
- 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 …
- 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 …
- 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 …
- 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 …