The milestone was announced during the official launch of the Lagos Economic Development Update (LEDU) 2025 on Wednesday, according to a social media post by Sanwo-Olu. PPPs are used to determine pric...
Access Bank, Nigeria’s biggest bank by assets, is in advanced stages of completing its acquisition of the KCB Group-owned National Bank of Kenya (NBK), five months after the deal was expected to ...
The Federal Government has allayed fears that its ongoing drive to attract investments in the oil and gas sector will result in a significant rise in Africa’s contribution to global emissions. It emph...
Trading activity in the insurance sector of the Nigerian Exchange Limited remained strong on Tuesday, as investors exchanged 72.36 million shares across 951 deals, with Cornerstone Insurance Plc and I...
African startups raised $408 million between January and February, the highest amount since 2021, when they raised $400 million. According to Africa: The Big Deal, which tracks funding of $100,000 and...
After issuing ₦237 billion in loans in 2024, LAPO MFB will launch a new banking app aimed at broadening its appeal beyond its traditional base of petty traders. With 35 years of history as a microfina...
The House of Representatives has called on the Central Bank of Nigeria to suspend the implementation of the increment in Automated Teller Machine transaction charges given the economic situation in th...
KPMG bosses are demanding dozens of mergers among the national partnerships that make up the global accounting firm in a move they hope will boost growth and prevent audit scandals, according to peopl...
Rising foreign direct investment (FDI) inflow and fast-growing gross domestic product (GDP) are indicators that the Nigerian economy is regaining its lost grounds faster than anticipated by analysts. ...
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said revamping the National Arts Theatre would be a spur to unlocking the estimated $25 billion value of Nigeria’s creative sector. ...
