Monday, November 2, 2026
18 years on, external reserves return to $54bn territory
A stronger foreign exchange buffer is emerging for Nigeria, with external reserves reaching $54.08 billion on September 3, 2026, their...
Read moreDetails
MCB structures $51m Tolaram loan to refinance Guinness Nigeria acquisition
The Mauritius Commercial Bank Limited (MCB) has structured and delivered a $51 million medium-term loan facility for Tolaram, the Singapore-headquartered...
Read moreDetails
SEC targets offshore forex platforms with N5bn capital, local ownership rules
The Securities and Exchange Commission (SEC) has proposed minimum capital requirements of up to N5 billion for operators in Nigeria’s...
Read moreDetails
AFC deploys $30m captive insurance vehicle to expand infrastructure lending
Africa Finance Corporation (AFC) is setting up a new insurance vehicle with up to $30 million in equity capital as...
Read moreDetails
Tolaram bets ₦202m more on Guinness Nigeria as profit jumps 53%
Tolaram, the consumer goods conglomerate behind majority shareholder N Seven Nigeria Limited, has increased its equity exposure to Guinness Nigeria...
Read moreDetails
IIF targets institutional capital to unlock Nigeria’s impact economy
Large pools of capital controlled by pension funds, insurers, banks and other institutional investors remain an underutilised source of financing...
Read moreDetails
Access Holdings’ H1 scorecard enters final regulatory phase
Access Holdings Plc has moved closer to releasing its audited half-year financial results after its board approved the group’s interim...
Read moreDetails
NGX advances on heavyweight buying as turnover falls 60%
Heavyweight stocks propelled Nigerian equities higher at the close of trading activities for the week, but the rebound showed signs...
Read moreDetails
FTSE Russell set to restore Nigeria’s frontier status after 3-year exit
Nigeria is set to regain its place in FTSE Russell's Frontier Market universe, potentially reopening a key channel to global...
Read moreDetails
Retail investors power new trading revolution on NGX
A new generation of smaller investors is changing the mechanics of trading on the Nigerian Exchange Limited (NGX), with digital...
Read moreDetails
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.