Finance & Economy
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Manufacturing, fintech drive Nigeria’s $5bn investment inflow
The Federal Government has stated that Nigeria has attracted over $5bn in new investments across the manufacturing, fintech, and energy sectors,…
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Nigeria seeks fresh $500m W’Bank loan for MSMEs
The Federal Government is seeking a fresh $500m loan from the World Bank to expand access to finance for micro, small,…
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Presco Plc Launches N250bn Rights Issue to Boost Expansion and Market Position
Presco Plc announces the launch of its N250 billion Rights Issue, following approvals from its Shareholders, Regulatory Authorities, and the Nigerian…
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Banks Recapitalization Watch for the Week Ended November 6, 2025
This week, activity in the ongoing banking sector recapitalisation exercise remained relatively quiet, with no major fresh announcements from the…
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Nigeria’s Balance of Payments: A Sign of Prudence or Caution?
Nigeria’s balance of payments (BoP) data for Q1 2025 shows a net lending balance of $7.6 billion, indicating a reduction…
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Naira closes week with 16 kobo gain
THE Naira on Friday closed the week stronger, trading at N1,436.57 to a dollar at the official foreign exchange market.…
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Nigeria’s $2.35 Billion Eurobond Issuance: A Testament to Investor Confidence
Nigeria has made a significant comeback in the international capital market, raising $2.35 billion through a Eurobond issuance that attracted…
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FGN External Debt Service Drops to US$932.1m in Q2 2025
According to the Debt Management Office’s (DMO) recent quarterly report on Nigeria’s public debt stock, focusing on the Federal Government…
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FIRS to Unveil Nigeria Tax Reform Acts, Engage Stakeholders on Implementation
The Federal Inland Revenue Service (FIRS) has announced plans to officially unveil the Nigeria Tax Reform Acts on Monday, November…
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Nigeria’s $2.2bn eurobond records ‘largest-ever’ oversubscription
In a statement on Wednesday, the debt office said the transaction attracted investors’ peak orderbook of over $13 billion, “marking…
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