‘Future of Financial Journalism Lies In Human, AI Collaboration’ — Datapro

    The management of Datapro has emphasised that the future of financial journalism will depend on a careful balance between artificial intelligence and human judgment, warning that while AI is transforming reporting, trust and credibility must remain paramount. This position was made known during a specialised training for journalists […]

Dangote Refinery & Petrochemicals clarifies Media Speculation On IPO

    Dangote Petroleum Refinery and Petrochemicals (“DPRP” or the “Enterprise”) has noted with concern the recent circulation of unauthorised information across various media and social platforms regarding a potential Initial Public Offering (“IPO”).   DPRP further notes that several online platforms and unofficial sources have published unverified, and in […]

FCMB Raises N242.8bn, Meets N500bn Capital Requirement for International Licence

    FCMB Group Plc has announced the completion of a major capital raise programme that generated a total of N242.8bn, enabling its banking subsidiary, First City Monument Bank Limited, to meet the Central Bank of Nigeria’s revised minimum capital requirement for an international banking licence.   The financial services […]

FG Plans To Recapitalise BOI To N3trn By 2026 ………To Boost Industrial Growth With N800bn Funding, PPP Expansion, Credit Guarantees

    The Federal Government has unveiled plans to recapitalise the Bank of Industry (BOI) to N3trn by 2026 as part of a broader strategy to stimulate industrial growth, deepen access to long-term financing, and strengthen Nigeria’s productive base.   The recapitalisation forms a key pillar of the National Industrial […]

NGX Records First Commercial Paper Listing with Dangote Cement’s ₦119.87bn Issuance

    Nigerian Exchange Limited (NGX) has recorded its first Commercial Paper (CP) listing with the admission of Dangote Cement Plc’s Series 1 and Series 2 Commercial Papers under its ₦500 billion Commercial Paper Issuance Programme.   The two series, with a combined value of ₦119.87 billion, were admitted to […]

Otedola’s Naira Forecast Achievable With Policy Discipline, Higher Oil Output — Experts

    Financial and energy experts have said billionaire investor Femi Otedola’s projection that the naira could appreciate to below N1,000 per dollar is achievable, but only if Nigeria sustains higher crude oil production and enforces disciplined fiscal and monetary policies.   The analysts, reacting to Otedola’s optimism following the […]