Fitch Ratings has reaffirmed Ecobank Nigeria’s Long-Term Issuer Default Rating at ‘CCC’ but revised its assessment of the bank’s financial health downward. The global credit rating...
The Securities and Exchange Commission (SEC) says Nigeria can unlock $500 billion in value by transforming untapped agricultural and mineral resources into tradable financial instruments. This...
Dr. Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC), is set to deliver the keynote address at the upcoming half-year economic review hosted by...
Foremost Capital Limited has announced that it now manages over ₦60 billion in assets just half a year after launching operations. The firm, licensed by Nigeria’s...
A High Court in Abuja has frozen bank accounts belonging to TAK Logistics Limited, TAK Agro PLC, and their director, Thomas Etuh, over an unpaid loan...
First HoldCo Plc has rejected recent reports suggesting that a massive ₦323.4 billion block trade of its shares was connected to a takeover or government-backed acquisition....
Nigeria’s average daily crude oil production rose to 1.505 million barrels per day (bpd) in June 2025, meeting the Organization of the Petroleum Exporting Countries’ (OPEC)...
President of Dangote Group, Aliko Dangote, has initiated plans to develop Nigeria’s biggest and deepest seaport in Olokola, Ogun State. Speaking in Lagos, Dangote said he...
Eight Nigerian banks incurred a combined N156bn in impairment charges on credit and financial assets in Q1 2025. These charges reflect provisions to cover potential defaults...
The Manufacturers Association of Nigeria (MAN) has reiterated its call for the full privatisation of Nigeria’s four government-owned refineries, urging the Federal Government to hand over...