Economy
RMB Advises Helios on Sale of 75% Stake in Axxela to BlueCore
Rand Merchant Bank (RMB) has announced that it acted as the Exclusive Financial Adviser to Helios Investment Partners on the completed sale of...
FG Allocates N206.5bn to Poverty Alleviation in 2026 Budget, Less Than 1% of Total Spending
The Federal Government has earmarked about N206.5bn for poverty alleviation-related projects in the 2026 budget, representing just 0.35 per cent of the proposed...
Purchasing Power Still Weak Despite Inflation Easing to 15.15% – LCCI
The Lagos Chamber of Commerce and Industry has said that Nigeria’s purchasing power has not fully recovered despite the easing of headline inflation...
Aviation Unions Issue 14-Day Ultimatum to NCAT Over Conditions of Service
Four major aviation unions have issued a 14-day ultimatum to the management of the Nigerian College of Aviation Technology, Zaria, warning that failure...
FG Allocates N6.12bn for Judgement Debts in Proposed 2026 Budget
The Federal Government has proposed a total of N6.12bn for the settlement of judgement debts and related liabilities across three ministries in the...
WFP Warns 55 Million in West, Central Africa Face Hunger Crisis, Nigeria Among Worst Hit
The United Nations World Food Programme has warned that no fewer than 55 million people across West and Central Africa could face crisis...
Experts Urge FG to Sustain Reforms, Warn Against Policy Reversals Ahead of Elections
Economic experts have thrown their weight behind the International Monetary Fund’s cautionary stance on Nigeria’s reform agenda, warning the Federal Government against reversing...
Africa Leads Globally in Gender Diversity in Private Capital, AVCA Report Shows
The African Private Capital Association (AVCA) has revealed that Africa’s investment teams outperform global averages for women in senior roles, according to its...
CBN Says 20 Banks Meet Capital Requirements as Focus Shifts to Productive Lending
The Central Bank of Nigeria (CBN) has confirmed that around 20 deposit money banks have met the new capital requirements under its ongoing...
Nigeria Spends N11.1tn on Capital Projects in 2024 Amid Concerns Over Impact
Nigeria spent N11.1 trillion on capital expenditure in 2024, achieving an 85 per cent implementation rate, Finance Minister and Coordinating Minister of the...
