NGX Group are targeting $6 billion in foreign investments by 2025 to boost Nigeria’s economy, focusing on infrastructure, SMEs, and green finance.
UBA plans to raise ₦144.8 billion in additional capital to meet CBN’s new requirements and expand operations into France and Saudi Arabia.
Nigerian banks generated N8.41 trillion from customer loans in 2024, marking a 106% increase driven by CBN’s tight monetary policy and higher lending rates.
Nigeria plans to raise between N900bn and N1.2trn in Q2 2025 via domestic bonds, signaling a shift in debt strategy amid inflation and a N13.08trn budget deficit.
UBA group chairman Tony Elumelu gets appointed to IMF advisory council to help shape the institution’s research and analytical agenda.
Dangote Cement appoints Financial Expert Dr. Gbenga Fapohunda as its Group Financial Officer, highlighting his extensive financial expertise
Central Bank of Nigeria (CBN) has urged financial institutions to adopt risk-based compliance frameworks to combat money laundering
The Securities and Exchange Commission (SEC) Nigeria has slashed the approval time for Public Offers from over a year to just two weeks,
Fidelity Bank Plc is on track to meet the CBN’s 2025 recapitalization deadline, with its oversubscribed fundraising campaign strengthening investor confidence.
CBN inflation control strategy aims to bring inflation rate down to a single-digit level as CBN Governor reaffirmed the MPC meeting decision
