Economy
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Wema Bank Gets ‘A’ Rating Upgrade from Agusto & Co.
19 hours ago
Wema Bank Gets ‘A’ Rating Upgrade from Agusto & Co.
Agusto & Co. has upgraded Wema Bank’s long-term credit rating from A- to A, marking a significant milestone for the…
UBA Debuts Diaspora Healthcare Investment Platform in the U.S.
2 days ago
UBA Debuts Diaspora Healthcare Investment Platform in the U.S.
United Bank for Africa (UBA) Plc has unveiled a healthcare investment platform to mobilise diaspora capital for hospitals and medical…
Nigeria 305th Monetary Policy Committee Briefing May 2026
3 days ago
Nigeria 305th Monetary Policy Committee Briefing May 2026
The Central Bank of Nigeria (CBN) has opted to maintain its benchmark interest rate at 26.5% following the conclusion of…
Economists Commend CBN on Sustained External Reserves Amid Global Shocks
3 days ago
Economists Commend CBN on Sustained External Reserves Amid Global Shocks
Economists have commended the Central Bank of Nigeria (CBN) for sustaining the country’s external reserves at 48.54 billion dollars amid…
Nigeria’s Tax Revenue Reaches N7.44tn in Q1 2026, Falls Short by N2.24tn
3 days ago
Nigeria’s Tax Revenue Reaches N7.44tn in Q1 2026, Falls Short by N2.24tn
Nigeria generated N7.44 trillion in tax revenue in the first quarter of 2026, falling short of its prorated budget target…
World Bank to Expand Africa Guarantees to $6.4bn by 2030
3 days ago
World Bank to Expand Africa Guarantees to $6.4bn by 2030
The World Bank Group says its Guarantee Platform aims to double its annual issuance of guarantees in Africa to 6.4…
First HoldCo Tables ₦253 Billion Capital Raise for Shareholders’ Approval
4 days ago
First HoldCo Tables ₦253 Billion Capital Raise for Shareholders’ Approval
First HoldCo Plc is pushing for shareholders’ approval to raise up to ₦253 billion in fresh capital, as the financial…
Oando Stock Hits Limit-Up With +10% Surge on Heavy Trading Volume
5 days ago
Oando Stock Hits Limit-Up With +10% Surge on Heavy Trading Volume
Shares of Oando Plc surged to their daily maximum limit on Monday, closing with a 10% gain on the Nigerian…
Tony Elumelu Prepares to Step onto Seplat Board After $500M Stake Deal
5 days ago
Tony Elumelu Prepares to Step onto Seplat Board After $500M Stake Deal
Nigerian billionaire and Heirs Energies Chairman, Tony Elumelu, is set to join the board of Seplat Energy Plc following a…
DMO Auctions ₦600 Billion in Reopened Bonds as Yields Climb to 22.60%
5 days ago
DMO Auctions ₦600 Billion in Reopened Bonds as Yields Climb to 22.60%
Nigeria’s Debt Management Office (DMO) has launched an auction of ₦600 billion worth of reopened Federal Government bonds, with yields…