BUSINESS
Dangote Refinery Secures $4bn Loan Boost As Afreximbank Leads With $2.5bn Support
The Dangote Petroleum Refinery has secured a $4 billion senior syndicated loan, with African Export-Import Bank underwriting $2.5 billion, marking a major financing milestone...
Naira Holds Steady Against Dollar As New Quarter Opens On A Positive Note
The Nigerian Naira kicked off April 2026 on a stable footing, trading within a narrow range against the United States Dollar as market conditions...
GTCO Delivers Strong Earnings, Declares N12.76 Dividend As Profit Hits N1.23trn
Guaranty Trust Holding Company has reported solid financial performance for the year ended December 31, 2025, with profit reaching N1.23 trillion and interest income...
Africa Must Act Fast to Plug $88bn Leak from Illicit Financial Flows
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, has called for urgent action to curb the estimated $88 billion lost...
FGN Bonds Attract Strong Investor Confidence with 4% Oversubscription in March Auction
Nigeria’s March 2026 bond auction recorded solid investor interest, as the Debt Management Office revealed a 4.28% oversubscription for FGN Bonds. Investors submitted bids totaling...
CBN Tightens Digital Safety Net, Gives Banks And Fintechs 3 Weeks To Boost Cybersecurity Transparency
The Central Bank of Nigeria has directed banks and other financial institutions to submit detailed reports on their cybersecurity frameworks within three weeks, as...
ELECTRICITY: Liquidity Crisis Worsens As FG Pays 4% Of N1.9trn Subsidies
The Federal Government’s inability to meet its financial obligations to power generation companies has deepened the crisis in the already struggling electricity sector, with...
Middle East War Dims Global Economic Outlook, Says IMF
The International Monetary Fund (IMF) has warned that the ongoing war in the Middle East is casting a shadow over the global economy, threatening...
Dollar To Naira Exchange Rate Today, March 31, 2026
The Nigerian Naira maintained a steady performance against the United States Dollar in the official market as the first quarter of 2026 drew to...
Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation — NGX Group CEO
The Group Managing Director/Chief Executive Officer of Nigerian Exchange Group (NGX) Plc, Temi Popoola, has said Nigeria’s ongoing economic reforms are already strengthening domestic...
