Experts at the 8th Triennial Conference of the Independent Shareholders Association of Nigeria (ISAN) in Lagos have stressed the urgent need for the government to implement a comprehensive policy framework aimed at accelerating the development of transportation infrastructure across the country. They emphasised that such an initiative is crucial […]
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Wema Bank Raises ₦50bn, Exceeds Capital Requirement
Wema Bank Plc has announced that it has received all requisite regulatory approvals for its ₦50bn Private Placement capital raise. This is in addition to the earlier ₦150bn Rights Issue that was completed in September 2025. The Bank now has a total of ₦264.87bn in qualifying capital, above the minimum […]
Nigeria’s $1trn economy takes centre stage at ISAN’s triennial conference
The Independent Shareholders Association of Nigeria (ISAN) has concluded arrangements for its eighth Triennial Delegates Conference on Oct. 30, 2025. The conference with the theme: “Nigeria, Towards $1 Trillion Economy by 2030,” will be chaired by the Minister of Finance and Coordinating Minister of Economy, Mr Wale Edun, as […]
SEC Moves to T+2 settlement cycle to Boost Market Efficiency, Investor Confidence
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has said that Nigeria’s transition to a T+2 settlement cycle in the capital market will significantly enhance market efficiency, reduce risks, and strengthen investor confidence. Speaking at a Trade Associations Roundtable on “Ensuring Stakeholder Readiness for T+2 Settlement” […]
Nigeria’s Inflation Falls to 18.02% in September, Driven by Lower Food Prices … Dips Below 20% First Time in 3 Years …Experts Nigeria’s Disinflation Trend, Calls for Policies to Tackle Persistent Cost Pressures
Nigeria’s headline inflation rate eased to 18.02 per cent in September 2025, marking a significant moderation from 20.12 per cent recorded in August, according to the latest data from the National Bureau of Statistics (NBS). The drop represents a 2.1 per cent month-on-month decline and the first […]
SEC Launches Revised University Curriculum on Securities, Investment Management …Says Financial Literacy Now a Survival Skill
The Securities and Exchange Commission (SEC) has unveiled the reviewed National Universities Commission (NUC) curriculum on Securities and Investment Management (SIM), describing financial literacy as a vital life skill and a survival tool in today’s rapidly evolving economy. Speaking at the formal handover of the revised curriculum in […]
Oil Theft, Sabotage Cost Nigeria $3.3bn in Two Years — NEITI …Agency Urges Open Data, Stronger Institutions as ₦1.5trn Still Owed to Federation
Nigeria lost about 13.5 million barrels of crude oil valued at $3.3bn to theft and pipeline vandalism between 2023 and 2024, according to the Nigeria Extractive Industries Transparency Initiative (NEITI). The agency described the losses as a major blow to public revenue, stressing that the amount could have funded a […]
AfDB to Lend Nigeria $500m in Fresh Budget Support … Cites Tinubu’s Economic Reforms as Key Driver
The African Development Bank (AfDB) has announced plans to extend a $500m loan to Nigeria this year as part of a $1bn budget support programme, citing the country’s ongoing economic reforms under President Bola Tinubu as a major factor driving its decision. Executive Director representing Nigeria and São […]
SEC DG pushes for Capital Market integration to unlock West Africa’s growth
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has urged West African countries to accelerate the integration of their capital markets, describing it as the only way to mobilise the scale of investment needed to drive the region’s development. Speaking at the Experts Meeting […]
PENGASSAN Warns of Possible Escalation if Dangote Fails to Honour Agreements …Says Will Use “Every Instrument” to Defend Members
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has warned that it will not hesitate to escalate actions if Dangote Refinery fails to honour commitments reached with the Federal Government in resolving recent disputes over the termination of workers. The union, which suspended its […]