Banks pile up capital while businesses starve of credit
Nigerian banks hold trillions in new capital but lend little to businesses, keeping credit at 9.4 per cent of GDP.
African CEOs hunt for capital amid global market turmoil
African CEOs warned that securing investment capital has become increasingly difficult amid global market volatility.
Nigeria’s growth hinges on merging fintech with informal finance, expert says
Expert says Nigeria must merge fintech with informal finance systems to drive sustainable economic growth.
Nigeria’s gig economy reaches $5.17 billion as ride-hailing surges
Nigeria's gig economy reaches $5.17 billion in value, driven by rapid growth in ride-hailing platforms.
Tax Reform Bills Spark Mixed Reactions Amid Scrutiny by National Assembly
The proposed tax reform bills submitted to the National Assembly have elicited mixed reactions from stakeholders, including lawmakers, economic experts,...
MAN Hails Dangote Refinery as Key Driver for Manufacturing, Urges Government Backing
The Manufacturers Association of Nigeria (MAN) has underscored the critical role the Dangote Refinery plays in enhancing the country’s manufacturing...
FEC Approves N47.9 Trillion 2025 Budget Proposal, Plans N13.8 Trillion Borrowing
The Federal Executive Council (FEC) on Wednesday approved a N47.9 trillion budget proposal for the 2025 fiscal year, alongside...