The Federal Government has unveiled a new policy framework aimed at deepening private sector participation in economic management, marking a shift from traditional public-private partnerships (PPP) to a broader “public policy–private partnership” approach designed to drive investment-led growth. The Minister of Finance and Coordinating Minister of the […]
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Africa’s $2trn Assets Fail To Boost Infrastructure Investment — Report
Africa’s institutional capital pool rose sharply to more than $2trn in 2025, but the continent continues to struggle to channel these funds into critical infrastructure and industrial development, according to a new report by the Africa Finance Corporation (AFC). The findings, published in the AFC’s latest State […]
Zedcrest Strengthens Institutional Play with Expanded Offerings, New Leadership
From left: Abass Akinsanya, Executive Director, Sales & Business Development, Zedcrest Wealth; Luke Ofojebe, CFA, Chief Investment Officer, Zedcrest Group; Simbiat Bada, Managing Director, Zedcrest Stockbroking; Adedayo Amzat, CFA, Group Managing Director, Zedcrest Group; Ademola Akogun, Managing Director, Zedcrest Investment Banking; Renah Osiemi, Managing Director, Zedcrest Wealth and Joseph Adegunwa, […]
SEC Orders Asset Freeze On Individuals, Entities Over Terror Links
The Securities and Exchange Commission has directed all capital market operators to immediately freeze assets linked to 10 individuals and three entities newly designated under Nigeria’s sanctions regime, in a move aimed at strengthening efforts to combat terrorism financing. In a circular issued to operators, the […]
Afreximbank Unveils $10bn Plan To Stabilise Economies Amid Gulf Crisis
The African Export-Import Bank (Afreximbank) has approved a $10bn Gulf Crisis Response Programme (GCRP) aimed at protecting African and Caribbean economies from severe economic disruptions caused by the escalating conflict in the Middle East. The initiative is designed to provide urgent financial support, stabilise critical imports, and […]
Banks Face Rating Pressure Despite Meeting Capital Thresholds —DataPro
Nigerian banks may face increased scrutiny and potential rating pressure despite meeting new regulatory capital requirements, as credit rating assessments shift focus from the size of capital to its quality and resilience, according to DataPro, a technology-driven Credit Rating Agency. In its latest monthly rating brief, the agency […]
Nigeria’s Economic Growth Sustained As PMI Hits 53.2 In March
Nigeria’s economic expansion remained on a steady path in March 2026, as the composite Purchasing Managers’ Index (PMI) rose to 53.2 points, signalling continued growth in business activity across the country, according to the Central Bank of Nigeria (CBN). The latest PMI reading marks the sixteenth consecutive month […]
VFD Group Proposes ₦0.25 Dividend as Rights Issue Subscribers Earn Strong Returns
The Board of Directors of VFD Group Plc has proposed a final dividend of ₦0.25 per share, translating to an annualised return of 10% for shareholders who participated in the December 2025 rights issue at ₦10.00 per share. Dividends remain an important component of shareholder returns, particularly […]
CBN Warns Against Naira Abuse, Promotes Clean Currency Culture
The Central Bank of Nigeria has renewed its warning against the abuse and mishandling of the naira, urging Nigerians to treat the national currency with respect as a symbol of sovereignty, while reaffirming its commitment to economic stability and ongoing monetary reforms. The apex bank said it remains focused […]
Middle East Crisis: World Bank Warns Of Prolonged Economic Strain
The World Bank Group has raised concerns over mounting economic pressures stemming from the ongoing conflict in the Middle East, warning that prolonged instability could significantly disrupt global markets and undermine growth in emerging economies. The institution said in a statement that it is actively engaging with affected […]