The Nigerian Exchange Limited has taken another step to expand Nigeria’s capital market by introducing Commercial Paper listings, a move expected to deepen the country’s short-term debt segment and provide …
Finance
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BusinessCorporate AffairsEconomyEnergyFinanceINVESTMENTNigeria
Eterna Plc launches N21.52bn rights issue to boost expansion plans
Eterna Plc, one of Nigeria’s leading integrated energy companies, has taken a major step to strengthen its financial position with the launch of a rights issue valued at about N21.52 …
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BankingBusinessEconomyFinanceInflationMonetary Policy
CBN Keeps Interest Rate at 27% as Inflation Slows and Exchange Rate Stabilises
The Central Bank of Nigeria has once again held the Monetary Policy Rate at 27 per cent, marking the fourth time this year that the rate has remained unchanged. The …
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EconomyFinanceGOVERNMENTNational AssemblyNational BudgetNigeriaOil & GasPublic Policy
FG Projects N50.74tn Revenue for 2026 as Rising Deficit Sparks Fresh Economic Warnings
The Federal Government has projected a total revenue of N50.74 trillion for 2026 and an economic growth rate of 4.68 per cent, even as the proposed deficit for the year …
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BankingCapital MarketsCorporate ServicesDebt Management,FinanceINVESTMENT
Ecobank Nigeria Launches $300 Million Tender Offer for Senior Notes
Ecobank Nigeria Limited has announced the launch of a tender offer for its outstanding U.S.$300 million, 7.125 per cent Senior Note Participation Notes due 2026, in a move aimed at …
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BankingBusinessEconomyFinanceMarketsPolicies
Former CIBN President Ken Opara Calls for Special Court to Handle Credit Cases
The immediate past President of the Chartered Institute of Bankers of Nigeria, Dr Ken Opara, has called for the creation of a specialised court that will handle disputes related to …
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BusinessEconomyFinanceInflationMarketsPrivate Sector
Nigerian Private Sector Expands as Inflation Slows, New Orders Hit Three-Month High
Nigeria’s private sector recorded a rise in new orders in November, reaching the highest level in three months as inflationary pressures continued to ease. This is according to the latest …
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BusinessCrimeEconomyFinanceGovernanceRegulation
SEC Moves to Strengthen Fight Against Ponzi Schemes, Targets Promoters Under New Investment Law
The Securities and Exchange Commission has restated its commitment to intensifying the fight against Ponzi schemes in Nigeria, saying it will deepen inter-agency cooperation to identify and prosecute individuals and …
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BusinessDevelopmentEconomyFinanceOil & Gas
Nigeria Records 3.98% GDP Growth in Q3 2025 as OPS Warns Gains Not Yet Felt by Businesses
Nigeria’s economy grew by 3.98 per cent in the third quarter of 2025, showing a slight improvement from the 3.86 per cent recorded in the same period of 2024, according …
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BankingBusinessEconomyFinanceNigeriaSMEs
FCMB Named Nigeria’s Best SME Bank for 2025 as Lending to Small Businesses Rises
First City Monument Bank has been named Nigeria’s Best SME Focused Bank for 2025 by the Chartered Institute of Bankers of Nigeria. The bank received the recognition after emerging as …