The Federal Government has announced plans to list at least 1,000 Small and Medium Enterprises (SMEs) on the Nigerian capital market as part of efforts to expand access to long-term …
Finance
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BusinessCapital MarketEconomyEmploymentFinanceSMEs
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BusinessCapital MarketEconomyEnergyFinanceNigeriaOil & Gas
Eterna Plc Shares Rebound 21% in October as Investors Regain Confidence
Eterna Plc, a Nigerian oil and gas company, has recorded a strong comeback on the Nigerian Exchange (NGX), gaining over 21% so far in October 2025 after months of losses. …
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BankingCapital MarketEconomyFinanceINVESTMENT
Wema Bank Strengthens Capital Base with Fully Subscribed N50 Billion Special Placement
Wema Bank Plc has announced the successful completion of the second tranche of its N50 billion Special Placement, which was fully subscribed by investors. The achievement further strengthens the bank’s …
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Capital MarketEconomyFinanceGOVERNMENTINVESTMENT
FG, Corporates Raise N3.4 Trillion on NGX in Eight Months
The Federal Government of Nigeria (FGN) and some corporate organisations have raised more than N3.4 trillion through the Nigerian Exchange (NGX) between January and August 2025. This was disclosed in …
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AfricaBankingBusinessEconomyFinanceINVESTMENT
Zenith Bank Plans Major Expansion into Côte d’Ivoire and Francophone Africa After N614.65bn Capital Raise
Zenith Bank Plc has announced plans to expand its operations into Côte d’Ivoire and eight other Francophone African countries, marking a major step in its goal to become a leading …
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AwardsBankingBusinessFinanceINVESTMENTTechnology
CardinalStone Group Shines at 2025 BAFI Awards with Dual Wins
CardinalStone Group has won two major awards at the 2025 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, further solidifying its reputation as one of Nigeria’s most innovative and trusted …
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AfricaBusinessDebt Management,FinanceImmigrationINVESTMENT
Optiva Capital Reaffirms Leadership in Global Migration and Investment Immigration Industry
Optiva Capital Partners has restated its leadership in the global migration and investment immigration sector, positioning itself as a key bridge between African investors and international opportunities. Speaking during a …
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AfricaBankingDevelopmentEconomyFinanceSustainability
UBA to Launch Whitepaper on Unlocking Africa’s Growth Potential
United Bank for Africa Plc (UBA) has announced plans to launch a major whitepaper designed to accelerate Africa’s economic development through improved financial systems, strategic partnerships, and sustainable growth initiatives. …
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EconomyFinanceGOVERNMENTLabourNigeriaPension
PenCom rebrands Micro Pension Plan to Personal Pension Plan
The National Pension Commission (PenCom) has announced that the rebranded Personal Pension Plan (PPP) has opened up new opportunities for Nigerians to make voluntary pension contributions, allowing Retirement Savings Account …
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CurrencyEconomyFinanceInternationalMonetary PolicyTrade
US Dollar Weakens as Markets Expect Fed Rate Cut Amid Renewed US-China Trade Tensions
The United States dollar weakened on Wednesday, losing ground against major global currencies as financial markets priced in a possible interest rate cut by the Federal Reserve. The decline comes …