Economy
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...
Small Investors Exempted from Capital Gains Tax Under 2026 Reform, Oyedele Clarifies
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has assured that small-scale investors in Nigeria’s capital market are...
ALGON Endorses Governor Alex Otti for Re-Election in 2027, Cites Performance and Leadership
The Association of Local Governments of Nigeria (ALGON), Abia State chapter, has formally endorsed Governor Alex Otti for re-election in the 2027 general...
EU Removes Nigeria from High-Risk Financial Jurisdictions, Boosting Trade and Investment
The European Union has officially removed Nigeria from its list of high-risk jurisdictions for money laundering and terrorism financing, a move expected to...
SEC Raises Capital Requirements in Major Overhaul of Nigeria’s Capital Market
Nigeria’s Securities and Exchange Commission (SEC) has announced a sweeping revision of minimum capital requirements for capital market operators, marking the most significant...
Ogun Unveils High-Capacity Poultry Facility to Cut Imports, Boost Jobs
The Ogun State Government has unveiled a newly constructed poultry processing facility with the capacity to process 5,000 birds per day at the...
FG Warns Investors to Bear Risks in 2025 Oil Licensing Round
The Federal Government has cautioned prospective investors in Nigeria’s 2025 oil licensing round that all risks, errors, and miscalculations arising from the bidding...
Dangote Refinery Moves to 24-Hour Operations, Boosts Nigeria’s Fuel Supply
The Dangote Petroleum Refinery has commenced round-the-clock loading operations as it strengthens efforts to sustain a daily supply of more than 50 million...
