Rents in Lagos and Abuja are rising by as much as 20 per cent yearly in some locations, worsening housing pressure for tenants and deepening affordability challenges across Nigeria’s major …
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Eterna Plc has announced a ₦21.52 billion rights issue as part of its capital-raising programme aimed at strengthening its financial position and supporting long-term growth. The Chairman of the company, …
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The Nigeria Deposit Insurance Corporation (NDIC) has announced the recovery and distribution of an additional ₦24.3 billion to depositors of the defunct Heritage Bank Limited, offering renewed relief to customers …
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As countries accelerate the shift to cleaner energy, experts warn that widening gaps in power infrastructure could undermine energy security, industrial growth and affordability. While the global energy transition was …
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The opposition Action Democratic Party (ADP) has criticised the Federal Government’s fiscal direction following the presentation of the 2026 Appropriation Bill by President Bola Tinubu, warning that rising public debt, …
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With the March 31, 2026 deadline drawing closer, Nigeria’s banking sector is witnessing accelerated activity as lenders race to comply with the Central Bank of Nigeria’s (CBN) recapitalisation requirements. Contrary …
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Chairman of the Alliance for Economic Research and Ethics (AERE), Dele Oye, has warned that key provisions of the Nigeria Tax Act 2025 may pose serious challenges to its effective …
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Ecobank Nigeria Limited has completed the early repayment of its $300 million Eurobond, fully settling obligations to bondholders who validly tendered their notes ahead of the February 2026 maturity date. …
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Despite the implementation of the Band ‘A’ tariff regime, the Federal Government paid ₦458.75 billion in electricity subsidies to operators across the power value chain in the third quarter of 2024, according …
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The naira recorded a strong appreciation against the United States dollar on Tuesday at the official foreign exchange market, according to data from the Central Bank of Nigeria (CBN). CBN …
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