MultiChoice, Africa’s leading entertainment platform, has told its shareholders to brace for more difficult times ahead, as it is operating in a challenging consumer environment. MultiChoice, which op...
Nigeria’s interbank lending rate surged to a five-year high of 28.58 percent in January 2025, reflecting the Central Bank of Nigeria’s (CBN) aggressive monetary tightening measures. The interbank rate...
The National Assembly’s House of Representatives Public Accounts Committee has recovered an additional $14.2m (N21.4bn) from four oil and gas companies in its ongoing investigation into financial disc...
A pan-African investment company, Heirs Holdings, has announced its strategic partnership with GIVO Africa, a climate technology and recycling company, to tackle plastic waste. In a recent statement, ...
The World Bank is set to approve fresh loans totalling $632m to Nigeria today (Monday) amid mounting concerns over the country’s rising debt profile, The PUNCH reports. The loans are to support critic...
In a statement today, jointly issued by both organisations, NITDA said the partnership would help provide a steady supply of skilled Nigerian professionals to address low job placement in the country’...
FG TO REVIEW NEW FRCN CHARGES The federal government has paused the implementation of new annual levies imposed on private enterprises by the Financial Reporting Council of Nigeria (FRCN). Speaking to...
In a NGX’s weekly stock market report, TheCable Index analysis showed that investors increased the shares exchanged compared to the week before, when 2.90 billion shares were traded in 57,044 deals at...
GTCO has declared a record N7 per share in final dividends, bringing its total dividend for the year to N8 per share, a record for the bank. Research also estimates that this is the highest dividend p...
Nigerian banks are increasingly relying on costly short-term commercial papers (CPs) to address liquidity challenges as the Central Bank of Nigeria (CBN) enforces stringent cash reserve policies, driv...
