Nigeria has secured a major breakthrough in its non-oil export drive as Niger State Governor Mohammed Umaru Bago announced a $100m livestock offtake agreement with the Saudi Export and Import Bank to supply meat and related products to the Middle East. Bago, who made the disclosure at the […]
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Champion Breweries to Acquire Bullet Brand Assets ……. Expand into RTD, Energy Drinks Market
Champion Breweries Plc has announced that it has reached an agreement to acquire the brand assets and intellectual property of the Bullet range of ready-to-drink (RTD) alcoholic beverages and energy drinks from Sun Mark International Limited. The deal, which is structured as an asset carve-out, will see […]
Breaking: Nigeria’s Inflation Eases to 21.88% in July, Lowest in 13 Months
Nigeria’s headline inflation rate slowed to 21.88% in July 2025, a marginal decline from 22.22% recorded in June, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS). The moderation marks the lowest year-on-year inflation level since June 2024, offering tentative relief amid […]
APT Securities Projects NGX Market Cap Above ₦100tr by Year-End … Blue-Chip, Insurance Stocks Tipped for Strong 2025 Performance
Managing Director and Chief Executive Officer of APT Securities and Funds Limited, Kasimu Garba Kurfi, has projected that the Nigerian Exchange (NGX) market capitalisation will surpass ₦100 trillion by the end of 2025, buoyed by foreign exchange stability, strong corporate fundamentals, and increased primary market activities. Speaking at […]
Alternative Bank, AMWMF Partner to Empower Entrepreneurs Nationwide
The Alternative Bank, one of Nigeria’s non-interest financial institutions, has entered into a partnership with the Association of Market Women/Men and Farmers of Nigeria (AMWMF) to boost economic empowerment and expand financial inclusion for millions of grassroots entrepreneurs across the country. The initiative, launched in collaboration with Sterling Financial […]
Oando Shareholders Approve ₦500bn Capital Raise, Debt Conversion
Shareholders of Oando Plc have given approval to a comprehensive capital raising and restructuring plan worth up to ₦500bn, alongside the conversion of $300m in existing debt to equity, as part of efforts to strengthen the company’s financial position and drive long-term growth. The resolutions were passed at the […]
WAEC Discovers Errors in 2025 Exam Results, Advises Candidates To Recheck After 24 Hours
The West African Examinations Council (WAEC) has urged candidates of the 2025 West African Senior School Certificate Examination (WASSCE) who have previously checked their results to re-check after 24 hours. A statement signed by Ag. Head of WAEC’s Public Affairs, Yaba, Lagos, Moyosola Adesina, on Thursday, explained that a […]
Insurance Reforms Must Address Policy Complexity, Says Analyst
Financial analyst and Managing Director, Cowry Asset Management Limited, Johnson Chukwu, has called for a comprehensive simplification of insurance policies in Nigeria to boost public confidence and drive growth in the sector. He made the call during an interview on Channels Television, following the signing of the […]
UBA, Afrexim Bank Partner to Digitise African Trade Via LEO, PAPSS
United Bank for Africa (UBA) has integrated its Artificial Intelligence (AI) chatbot, LEO, with the Pan-African Payment and Settlement System (PAPSS) in a bid towards enhancing intra-African trade. The initiative launched in partnership with the African Export-Import Bank (Afrexim Bank), enables seamless end-to-end transactions across African borders in […]
FG Urged To Incentivize NASD Listings For Market Growth
The Federal Government has been urged to introduce targeted incentives to encourage public limited liability companies to list on the NASD OTC Securities Exchange, as part of broader efforts to deepen Nigeria’s capital market and drive inclusive economic growth. This appeal was made by the Managing Director and […]