The Securities and Exchange Commission (SEC) has announced plans to adopt the global sustainability disclosure standards developed by the International Organisation of Securities Commissions (IOSCO). The move is expected to …
Finance
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Capital MarketEconomyFinanceNigeriaRegulationSustainability
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BankingBusinessCapital MarketEconomyFinanceNigeria
Report Highlights FCMB’s Recapitalisation Strategy as Model for Nigerian Banks
A new report by geopolitical and economic research firm, SBM Intelligence, has praised the recapitalisation strategy of FCMB Group as one of the most effective approaches among Nigeria’s Tier-2 banks. …
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BusinessEconomyFinanceInsuranceINVESTMENTReal Estate
Lasaco Assurance Reports 84% Rise in Shareholders’ Fund to N22.11bn in Q2 2025
Lasaco Assurance Plc has announced a significant boost in its financial position after posting an 84 per cent growth in shareholders’ fund, which rose to N22.11bn in the second quarter …
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EnvironmentFinanceGovernanceInfrastructureINVESTMENTLagos News
Sanwo-Olu Urges Investors to Back Lagos with N214.8bn Bond
The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has called on investors to support the infrastructural development agenda of the state by investing in the newly launched N214.8 billion bond …
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BankingBusinessDevelopmentEconomyFinancePolicies
Nigeria Needs 21.9% Annual Growth to Achieve $1 Trillion Economy by 2031 – Afrinvest Report
Nigeria will require a minimum annual growth rate of 21.9 percent at an exchange rate of N1,500 per dollar, or a stronger exchange rate with slower growth, to reach a …
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BusinessEconomyEntrepreneurshipFinanceWomen,Youth
Report Shows Business Creation in Nigeria Falls as Youth and Women Drive Entrepreneurship
Business creation in Nigeria has continued to drop in the last three years, according to a new report by FATE Foundation, a private-sector led non-profit organisation. The 2024 State of …
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AgricultureBusinessCorporate NewsEconomyFinance
BUA Foods Approves N13 Dividend for Shareholders After Strong 2024 Financial Performance
BUA Foods Plc has declared a dividend of N13 per share for its shareholders after the company’s 4th Annual General Meeting (AGM) held on Thursday at the Transcorp Hilton Hotel …
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EconomyFinanceGOVERNMENTRegulationTechnology
Banking and Fintech Complaints Top Consumer Grievances in Nigeria, Says FCCPC
The Federal Competition and Consumer Protection Commission (FCCPC) has disclosed that banking and financial technology services generated the highest number of consumer complaints in Nigeria between March and August 2025. …
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BankingBusinessCorporate NewsEconomyFinanceINVESTMENT
Nigerian Banks Record N15.4tn Interest Income as Afrinvest Marks 30 Years with Sector Report
Nigerian banks posted a strong growth in interest income, hitting ₦15.4 trillion in the past year, as tighter monetary policies by the Central Bank of Nigeria (CBN) boosted earnings. This …
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BusinessCorporate NewsEconomyFinanceInsuranceINVESTMENT
Lasaco Assurance Maintains A(NG) Credit Rating for Third Consecutive Year
Global Credit Rating (GCR) has reaffirmed the credit rating of Lasaco Assurance Plc at A(NG) with a Stable Outlook, making it the third year in a row that the Nigerian …