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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Finance
- 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 …
- 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 …
- 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. …
- 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 …
- 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 …
- BankingBusinessEastern AfricaFinanceGovernment PolicyInfrastructure
Kenya, UBA Seal $150m Deal to Revive Stalled Road Projects
he Government of Kenya has signed a US$150 million (KSh16.38 billion) financing agreement with United Bank for Africa (UBA) as part of a landmark US$1.35 billion (KSh175 billion) programme aimed …
- Capital MarketEconomic DevelopmentFinanceINVESTMENTNigeriaStock MarketTrending Today
Nigeria Stock Market Blooms as Foreign Investment Jumps by 369%
In a powerful signal of renewed global confidence, Nigeria’s stock market is buzzing with activity, fueled by a massive surge in foreign portfolio transactions. Latest figures from the Nigerian Exchange …
- Business and EconomyCapital MarketFinanceFintechInflationInnovationINVESTMENT
From Savings to Smart Investing: Why Nigerians are Turning to Commercial Papers
For decades, Nigerians have leaned on one financial habit: saving. Whether through bank accounts, thrift contributions, or cooperative societies, the culture of putting money aside was seen as the safest …
- BankingDevelopmentFinanceMALAWIPrivate SectorSMEs
Malawi’s Commercial Banks Urged to Play Bigger Role in Economic Recovery
Malawi’s commercial banks are being called upon to move beyond their traditional role of lending and deposits, and to take a more active position in addressing the country’s economic challenges. …