The naira recorded another week of negative trading performance as the currency weakened at both the official and parallel foreign exchange markets. At the official Nigerian Foreign Exchange Market, the …
Nigerian Economy
- EconomyForex TradingMarketsMonetary PolicyNigeria
- 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 …
British American Tobacco Nigeria (BAT Nigeria) has received praise for its strong contribution to Nigeria’s manufacturing industry, after recording more than $300 million in export earnings between 2022 and 2024. …
- BankingDevelopmentDigital EconomyEconomyFinanceNational Assembly
AMMBAN Marks 10 Years, Celebrates Growth of Agent Banking in Nigeria
The Association of Mobile Money and Bank Agents in Nigeria has marked its 10th anniversary alongside its ninth Annual National Conference in Gombe, with many stakeholders commending the critical role …
- AfricaBusiness and EconomyDevelopmentPolitics
Peter Obi Says Nigeria Can Hit $2 Trillion Economy with Right Leadership
Nigeria’s former Labour Party presidential candidate, Mr. Peter Obi, has restated that Nigeria remains Africa’s top investment destination, saying the country can record massive economic growth if it embraces competent …
- BusinessEconomyFinanceINVESTMENTPensionTechnology
Leadway Pensure’s Pension Assets Rise to N1.35tn, Up 23.45% in Six Months
Pension Fund Administrator Leadway Pensure has announced a strong financial performance for the first half of 2025, with its Assets Under Management (AUM) rising to N1.35 trillion as of the …
- BusinessDevelopmentEconomyEnergyManufacturingNigeria
Northern Manufacturers Back 15% Fuel Import Duty, Hail Dangote’s Refinery
Industrialists from Northern Nigeria have thrown their weight behind the Federal Government’s decision to impose a 15 per cent import duty on petroleum products, describing it as a bold policy …
- AgricultureDevelopmentEconomyFinanceGOVERNMENTInternational Partnerships
FG secures $500m World Bank loan to boost Nigeria’s agricultural value chains
The Federal Government has secured a $500 million loan from the World Bank to strengthen Nigeria’s agricultural value chains and accelerate food security and rural industrialisation in line with President …
- DevelopmentEconomyGender EqualityLabourNigeriaSocial Development
Nigeria Could Gain 1.7 Million Working Mothers by 2030 Through Affordable Childcare Investment
Nigeria could add up to 1.7 million working mothers to its labour force by 2030 if the government and private sector invest in affordable and quality childcare systems, according to …
- BankingBusinessEconomyINVESTMENTStock Market
Zenith Bank Records ₦3.37tn Gross Earnings in Nine Months, Up 16%
Zenith Bank Plc has announced a 16 per cent growth in its gross earnings for the first nine months of 2025, reaching ₦3.37 trillion compared to ₦2.9 trillion recorded during …