Tuesday, August 25, 2026
Agusto & Co. rates Coronation MB ‘A+’ with a stable outlook
Agusto & Co, the rating agency and a leading provider of industry research and knowledge in Nigeria & sub-Saharan Africa,...
Read moreDetailsNigeria quits regional maritime organisation over cold-shoulder reception
Nigeria has withdrawn its membership of the Maritime Organisation for West and Central Africa (MOWCA) following strong reservation over the...
Read moreDetailsBTN’s WINHER to close $42bn global financing gap for women-led startups in Africa
In a concerted effort to bridge the existing $42 billion financing gap across the globe for small businesses and facilitate...
Read moreDetailsKuda Bank ready for expansion outside Nigeria, raises $55m in $500m valuation
Kuda, Nigeria’s first fully digital bank, has raised $55 million in a Series B funding round to fuel its expansion...
Read moreDetailsIMF keeps Nigeria’s GDP growth forecast at 2.5% in 2021, 2.6% in 2022
Policy efforts from countries to drive recovery amid pandemic The International Monetary Fund (IMF) has maintained that Nigeria continues...
Read moreDetailsInvestors’ confidence back in green as FPIs post $244.9m in June with ETFs down N12.5bn
Local investors hold firm on NGX ahead of†‬foreign investors as total FPIs rose 3.7% Global ETFs/ETPs reached†$‬9.35trnâ€; ‬net...
Read moreDetailsDomestic equities: Banking, industrial indices drag NGX down as stocks shed N63bn
The local bourse wrapped up the week’s activities in the green on the last day due to improved market activities...
Read moreDetailsCBN introduces supervisory framework for PSBs in Nigeria
The Central Bank of Nigeria (CBN) has unveiled the supervisory framework for payment service banks (PSBs) in Nigeria, stating that...
Read moreDetailsAfDB approves $50m facility for FCMB to bolster local enterprises
The African Development Bank (AfDB) has signed a $50 million loan facility for Nigeria’s First City Monument Bank (FCMB) to...
Read moreDetailsGCR predicts Providus Bank CAR boost on successful capital raise
GCR Ratings, a leading emerging market-focused rating agency, has attached its stable outlook for Providus Bank, a Nigerian licensed commercial...
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