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Ecobank unveils new platform to empower African entrepreneurs

Ecobank Nigeria has launched ‘Scaling Up!!!’, a flagship business storytelling podcast designed to inspire, educate, and empower entrepreneurs, founders, and the next generation of...

Sterling HoldCo grows profit 20% amid loan loss provisions

Sterling Financial Holdings Company Plc increased its profit after tax by 20.4 per cent to N50.30bn in the first half of 2026, despite a...

Non-oil exports drive autonomous FX inflows to $71bn

Higher earnings from non-oil exports helped push foreign exchange inflows from autonomous sources to $70.54bn in 2025, reinforcing the growing role of non-oil sectors...

FG, AfDB seek greater African control of critical minerals

The Federal Government and the African Development Bank have called for stronger African control over the continent’s vast mineral resources, saying Africa must stop...

Global tensions shape CBN’s monetary policy

The Central Bank of Nigeria’s monetary policy is increasingly being shaped by global geopolitical tensions, as the Middle East crisis complicates inflation management, delays...

Banks’ maximum lending rate drops to 33.16%

Nigeria’s average maximum lending rate eased to 33.16 per cent in June 2026, down from 34.78 per cent in May, reflecting a modest decline...

Govt renews commitment to IMF-backed economic reforms

The Federal Government has reaffirmed its commitment to sustaining its partnership with the International Monetary Fund as it pursues ongoing fiscal and macroeconomic reforms...

W’ Bank loans drive Tinubu’s social spending agenda

As Nigeria leans more on World Bank financing to support social programmes, the President Bola Tinubu administration aims to ease reform pains, with success...

GTT’s hands full of tank design orders for FLNG unit and multiple LNG carriers

French technological containment specialist Gaztransport & Technigaz (GTT) has seen a spike in new orders, securing additional tank design jobs for liquefied natural gas...

New CBN capital rules may trigger N972bn equity scramble

Nigerian banks’ holding companies may be required to raise a combined N971.764bn in fresh equity if the Central Bank of Nigeria implements its proposed...

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