IMF projects Nigeria’s debt-to-GDP ratio to decline to 35% by 2026
Nigeria’s debt burden is expected to ease over the next two years as the International Monetary Fund (IMF) projects a steady decline in the country’s debt-to-GDP... Read more.
Food inflation slows to 16.87% in September as maize, grain prices ease
Food inflation in Nigeria eased to 16.87 per cent in September 2025, down from 21.87 per cent in August, following a decline in the prices of maize and grains. Read... Read more.
Access Bank opens applications for Womenpreneur Pitch-a-Ton 2025
Access Bank has announced the launch of the Womenpreneur Pitch-a-Ton 2025 programme, aimed at empowering female entrepreneurs across Africa with the skills, knowledge,... Read more.
Champion Breweries plans N58bn capital raise for Bullet brand acquisition
Champion Breweries Plc has announced plans to raise N58 billion through equity offerings to finance its proposed acquisition of Bullet, the ready-to-drink beverage... Read more.
Providus–Unity merger positions bank for NGX Debut
Providus Bank is set to become a publicly listed company on the Nigerian Exchange (NGX) following its proposed merger with Unity Bank, subject to the final... Read more.
How new CBN rate will shape savings, loans, and investments
The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate, the Monetary Policy Rate (MPR), by 50 basis points to 27 per cent from 27.50 per cent.... Read more.
Femi Otedola raises FirstHoldCo Holdings with N2bn share deal
…Otedola Expands Stake in FirstHoldCo Nigerian businessman Femi Otedola has expanded his ownership in FirstHoldCo, the parent company of First Bank of Nigeria... Read more.
BOA, Afreximbank launch $1bn fund for Nigeria’s smallholder farmers
Nigeria’s smallholder farmers are to access new financing support through a $1 billion agreement between the Bank of Agriculture (BOA) and the African Export-Import... Read more.
Banks urged to back SMEs, exports in Tinubu’s economic framework
President Bola Tinubu has asked Nigerian banks to strengthen support for small businesses, manufacturing, exports, and digital innovation as part of his administration’s... Read more.
Africa Capital Alliance completes $299m exit from Aradel Holdings
Africa Capital Alliance (ACA) has completed a full exit from Aradel Holdings Plc through its flagship private equity vehicle, Capital Alliance Private Equity... Read more.
