The Federal Government has launched a new pension-backed loan scheme aimed at giving Nigerian retirees access to affordable credit and bringing them into the nation’s consumer credit system. The initiative, …
Finance
-
Economic DevelopmentFinanceGOVERNMENTPensionPoliciesSocial Welfare
-
BusinessEconomyFinanceGovernanceInflationMonetary Policy
IMPI Forecasts Nigeria’s Inflation to Drop to 17% by December 2025
The Independent Media and Policy Initiative (IMPI) has predicted that Nigeria’s inflation rate will decline to 17 per cent by December 2025, citing continued signs of disinflation in the economy. …
-
DevelopmentEconomyFinanceGovernancePovertySocial Welfare
FG Pays N330bn Cash Transfers to Poor Nigerians Under Safety Net Programme
The Federal Government has disbursed N330 billion to poor and vulnerable Nigerians through the National Social Safety-net Coordinating Office (NASSCO). The Minister of Finance and Coordinating Minister of the Economy, …
-
BankingBusinessEconomyFinanceINVESTMENTStock Market
Nigerian Stock Market Loses N71bn as NGX Records Decline in Bellwether Stocks
The Nigerian Exchange (NGX) closed Tuesday’s trading session on a negative note, as the equities market lost about N71 billion in market capitalisation, driven largely by sell-offs in key bellwether …
-
BusinessEconomyFinancePoliticsRegulationTechnology
Fintech Association of Nigeria Moves to Strengthen Collaboration with Regulators and Lawmakers
The Fintech Association of Nigeria, known as FintechNGR, has stepped up its efforts to build stronger ties with regulators and lawmakers in order to grow the country’s financial technology sector. …
-
Capital MarketEconomyFinanceNigeriaRegulationSustainability
SEC to Adopt Global Sustainability Disclosure Standards for Nigerian Market
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 …
-
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. …
-
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 …
-
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 …
-
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 …