Nigeria Sits on Up to $1.5tn in Stranded Capital, PeacePro Warns
Nigeria may be holding between $1tn and $1.5tn in stranded and underutilised capital, according to the Foundation for Peace Professionals...
PenCom Targets Informal Sector to Expand Pension Coverage and Mobilise Domestic Capital
The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has identified Nigeria’s informal sector as a key opportunity for...
TAJBank Secures A1 Ratings from Agusto & Co, Datapro
TAJBank Limited has secured A1 credit ratings from leading rating agencies Agusto & Co and Datapro, reinforcing its standing as...
FG Now Accounts for Over Half of Nigeria’s Total Public Debt
Nigeria’s rising debt burden is becoming increasingly concentrated at the centre, with the Federal Government now accounting for more than...
NGX Gains N8.14tn in Strongest Weekly Rally as Banking Stocks Lead Surge
The Nigerian Exchange Limited (NGX) recorded one of its strongest weekly performances in recent history, with investors adding approximately N8.14tn...
Tinubu Approves N2.8tn for GenCos, Rejects N6tn Electricity Subsidy Claim
President Bola Tinubu has approved the payment of N2.8tn to power generation companies as the Federal Government’s verified liability for...
Dangote to Open Refinery for Public Investment Within Five Months
The President of the Dangote Group, Aliko Dangote, has announced plans to allow Nigerians to invest directly in the Dangote...
FCMB Nears N500bn Recapitalisation Target for International Banking Licence
FCMB Group is close to meeting the N500 billion recapitalisation target required for an international banking licence, according to sources...
NDPC Launches Investigation Into Over 1,000 Nigerian Schools Over Data Protection Compliance
The Nigeria Data Protection Commission (NDPC) has commenced an investigation into more than 1,000 education institutions across the country to...
Nigeria’s Treasury Bills Auction Attracts N4.28 Trillion, One-Year Bills Most in Demand
The Central Bank of Nigeria (CBN) and Debt Management Office (DMO) have revealed that Wednesday’s treasury bills auction attracted N4.28...
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