The United States dollar fell on Tuesday as new economic data — much of it delayed by the recent government shutdown — supported expectations that the Federal Reserve may cut …
Finance
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BusinessCurrencyEconomyFinanceGlobal MarketsMonetary Policy
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BusinessEconomyFinanceLabourPensionPublic Policy
Nigeria’s Pension Scheme Records Growth as RSA Holders Hit 10.9 Million, but Coverage Still Low
Nigeria’s Contributory Pension Scheme (CPS) has continued to grow steadily, with a total of 10,928,039 Retirement Savings Account (RSA) holders recorded in September 2025. This represents an increase from 10,882,661 …
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AfricaBusinessEconomyFinanceFintechSMEs
Africa’s $100bn SME Credit Gap Pushes Banks, Telcos and Fintechs into Unusual Partnerships
Africa’s growing $100 billion credit shortfall for small and medium enterprises is forcing banks, telecom operators, and fintech companies across the continent to work together in ways that were unthinkable …
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AfricaBusinessEconomyFinanceTrade
Afreximbank Reaffirms Strong Support for AfCFTA, Pushes New Financing Tools to Boost Intra-African Trade
Afreximbank has restated its strong commitment to increasing intra-African trade, supporting industrial growth, and strengthening value-chain development under the African Continental Free Trade Area. The bank said it will continue …
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FinanceGOVERNMENTInsuranceProfessional DevelopmentRegulationWomen,Youth
Mrs Ekeoma Ezeibe Launches “One Insurance Industry”
The Nigerian Council of Registered Insurance Brokers (NCRIB) has a new leader, Mrs Ekeoma Ezeibe, who has unveiled the “One Insurance Industry” agenda as the central focus of her tenure. …
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BusinessCorporate AffairsFinanceINVESTMENTPensionRegulation
PenCom Approves Leadway’s Full Acquisition of PAL Pensions
The National Pension Commission (PenCom) has given regulatory approval for Leadway Holdings Limited to acquire Pensions Alliance Limited (PAL Pensions), marking a major shift in Nigeria’s pension industry. The approval …
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EconomyFinanceGOVERNMENTInfrastructureNigeriaPensionPublic PolicyState News
States Owe Contractors, Retirees N1.06tn Despite Record Revenues — BudgIT
A new report by BudgIT has revealed that states across Nigeria owe contractors and retirees a combined N1.06tn, even though they received record-high revenue allocations in 2024. The figures, contained …
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Capital MarketFinanceGOVERNMENTInfrastructureINVESTMENTLagos News
Lagos State’s Latest Bond Issuance Records 70% Oversubscription
Lagos State has continued to strengthen its position in Nigeria’s capital market as the government’s latest bond issuance received overwhelming support from investors. The Lagos State Commissioner for Finance, Abayomi …
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Capital MarketFinanceNigeriaRegulationTechnology
SEC Pushes for Technology-Driven Compliance Ahead of 2025
The Securities and Exchange Commission has called for stronger adoption of technology-driven compliance systems across Nigeria’s capital market as preparations heighten for the SEC/Nigerian Capital Market Institute Compliance Summit 2025. …
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AgribusinessAgricultureEconomyFinanceINVESTMENTNigeria
Valency Agro Nigeria Completes N13bn Commercial Paper and Exports
Valency Agro Nigeria Limited has strengthened its position as one of Nigeria’s leading agro-processing and export companies with the completion of a N13bn Commercial Paper issuance. The issuance, which is …