Business
Stay informed with Nigerian business news, economy updates, markets, startups, and global financial headlines.
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FGN bonds record 32% oversubscription in May auction
FGN Bonds Achieve 32.8% Oversubscription in May Auction By Elizabeth Adegbesan Investor demand for Federal Government of Nigeria (FGN) debt…
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FG unveils plans to revive textile sector, targets 1.5m jobs
Nigerian Government Seeks to Revive Crumbling Textile Industry Amid 95% Cotton Production Decline By Yinka Kolawole LAGOS — The Federal…
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Financial institutions race to meet CBN deadline on new cyber-security standard
Financial Institutions Race to Meet CBN Cybersecurity Deadline By Emeka Anaeto Business Editor Nigerian financial institutions are working to comply…
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SEC warns Nigerians against rising Ponzi schemes on social media
SEC Issues Warning on Unregistered Online Investment Schemes The Securities and Exchange Commission (SEC) has issued a cautionary statement to…
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S&P raises Nigeria’s credit rating on stronger economy
S&P Global Ratings Upgrades Nigeria’s Credit Rating Amid Economic Improvements By Babajide Komolafe Nigeria’s sovereign credit rating was upgraded Thursday…
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Equities market loses N1.23trn as profit-taking persists
Equities Market Declines by N1.23 Trillion Amid Profit-Taking The equities market continued its downward trend on Friday, decreasing by N1.226…
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Post-recapitalisation: CBN tightens grip on governance
30 Banks Meet CBN Recapitalization Standards Ahead of Deadline By Emeka Anaeto, Business Editor The Central Bank of Nigeria (CBN)…
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CBN launches FX manual, grants extractive firms full proceeds access
Central Bank of Nigeria Unveils New Foreign Exchange Manual By Emma Ujah, Abuja Bureau Chief ABUJA — The Central Bank…
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FMDA forecasts 16.42% April inflation rate amid fuel, food prices surge
FMDA Projects April Inflation Rate of 16.42% Amid Rising Fuel and Food Prices By Yinka Kolawole The Financial Market Dealers…
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Ecobank Group commits $3bn for intra African global trade
Ecobank Group Commits $3 Billion to Boost Intra-African Trade Nairobi, Kenya — Ecobank Group has announced a significant $3 billion…
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