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22 NGX Companies Carry N21.3 Trillion Debt in Q2 2026, 11 Show High Leverage
About 22 companies listed on the Nigerian Exchange Limited are carrying a combined debt of N21.3 trillion in the second quarter of...
FG, CBN sign deal to align policies on inflation, borrowing
For years, fiscal and monetary authorities have worked at cross purposes in Nigeria. While the CBN raised rates and tightened liquidity to...
Nigeria’s FX supply rises 20.5% to $8.94bn in 2025 – CBN
Nigeria’s foreign exchange supply increased by 20.5 per cent to $8.94 billion in 2025, up from $7.43 billion in 2024, data from...
UBA Chief Alawuba Calls For Deeper Nigeria-Brazil Trade And Investment Partnership
Group Managing Director of United Bank for Africa (UBA) Plc, Oliver Alawuba, has called for stronger trade and investment ties between Nigeria...
Financial Sector Leads as NGX Trading Value Hits N237bn
The Nigerian Exchange (NGX) recorded an 82.8 percent surge in the value of shares traded for the week ended September 18, with...
Nigeria Wins Arbitration As Tribunal Quashes Sunrise’s $2.35bn Mambilla Claim
The International Chamber of Commerce in Paris has ruled in favour of Nigeria in the $2.35 billion claim filed by Sunrise Power...
King Charles Tells AI Bosses To Guard Against Existential Dangers
The risks of artificial intelligence falling into the wrong hands must be addressed before it is too late, Britain’s King Charles told...
Having a male heir not my priority, says Dangote
The Chairman of Dangote Group, Aliko Dangote, has said having a son to inherit his business empire is not a priority, stressing that...
Fitch flags Nigeria’s $5bn TRS over debt, liquidity risks
Fitch Ratings has warned that Nigeria’s proposed $5bn Total Return Swap (TRS) could introduce significant risks to the country’s debt management, liquidity position...
Afrinvest Foundation unveils ICT centre at Kano Emir’s Palace
NIGERIA, KANO — The Afrinvest Foundation has unveiled a 35-seater Information and Communication Technology centre at the Palace of the Emir of Kano, Muhammadu...
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