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Finance & Economy - Page 279

Economy: Don’t Suffocate Businesses, CPPE Warns Regulatory Agencies

Nigeria’s Economy Stabilises in 2025; Non-Oil Sectors Set to Drive Growth in 2026 – CPPE

Nigeria’s macroeconomic environment stabilised in 2025, setting the stage for stronger business activity and private-sector-led growth in 2026, according to the Centre for the Promotion of Private Enterprise (CPPE), Prime Business Africa reports. In its Review of the Nigerian Economy in 2025

December 31, 2025

Finance & Economy

Alleged N1.4bn Oil Subsidy Fraud: Court Admits More Evidence Against Nadabo Energy Boss

The ongoing trial of Abubakar Ali Peters and his company, Nadabo Energy Limited, for an alleged N1.4billion fraud, before Justice C.A. Balogun of the Lagos State High Court sitting in Ikeja, Lagos continued on Tuesday, November 16, 2021, with the Court admitting

November 16, 2021

Lagos Serial Building Collapse, Ethnic Politics And Igbo Outcry

News·Real Estate

How Lagos Can Tackle Building Collapse -Canada-based Engineer

CANADA-BASED Structural Engineer, Ben Ezenta, has stated that resolving the problem of building collapse which has been recurring in different parts of Nigeria, needs a holistic approach as there are many factors causing the disaster.

November 16, 2021

African Development Bank Group has approved a grant of $1.5 million to Mozambique

Africa·Finance & Economy·News

AfDB’s Financial Contribution For Local Content, Job Creation In Mozambique Hits $2.5M

The African Development Bank Group has approved a grant of $1.5 million to Mozambique to boost the development of local content. The grant is earmarked for Small and Medium-sized Enterprises (SME) targeting local content and women-owned business in the natural resources sector

November 16, 2021

Finance & Economy

Unity Bank Records Seven Percent Growth In Q3, Amidst Macro-economic Challenges

Unity Bank Plc has recorded gross earnings of N36.18 billion for the nine-months ending September 30, 2021,representing a 7 percent growth from the N33.8 billion it achieved in the corresponding period of 2020. The lender’s profit before tax also rose by

November 15, 2021

Finance & Economy

FITCH RATINGS: Climate Change’s Credit Implications For Structured Finance Visible In 10 years

Climate change’s credit implications for structured finance (SF) could be visible in transactions issued within the next 10 years, according to Fitch Ratings. Existing Structural Finance notes benefit from mitigants that should insulate their ratings from climate-related risks could increase arrears and

November 15, 2021

Finance & Economy

Nigeria’s Inflation Rate Drops To 15.99% In October — NBS

The consumer price index (CPI), which measures the rate of change in prices of goods and services, declined for the seventh consecutive time to 15.99 percent in October 2021. The figure is 1.76per cent points higher than the rate recorded in October

November 15, 2021

Finance & Economy

FBN Holdings: Hope For The Tottering Elephant?

From board changes to alterations in majority shareholding structure, FBN Holdings and its subsidiaries have most recently been in the news. Prime Business Africa’s CHIMARA BYGOLD, in this report examines implications of the evolving situation for the group. Aristotle described the elephant

November 15, 2021

Finance & Economy

Finance Minister Says Nigeria’s Debt To GDP Still Low At 33%

Minister of Finance, Budget and National Planning, Zainab Ahmed, has claimed that Nigeria’s debt to GDP ratio is still low at 33 per cent Ahmed made this claim during an interview on Channels Television where she explained that the federal governments borrowing

November 15, 2021

Finance & Economy

Access Bank Unveils 6th AccessX Experience Centre In Lagos, Others

In a bid to continue to provide access to a mix of product information and lifestyle offerings to Nigerians, Access Bank Plc has launched the sixth AccessX experience centre across the country. Speaking to journalists during a tour of the newly built

November 15, 2021

Finance & Economy

CBN Partners RIFAN To Recover N463bn Anchor Borrowers Programme Unpaid Loan

CENTRAL Bank of Nigeria (CBN) has partnered with Rice Farmers Association of Nigeria (RIFAN), to forcefully recover N463bn Anchor Borrowers Programme (ABP) unpaid loan from beneficiaries of the scheme. In a bid to reduce food importation and address the negative

November 14, 2021

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GivTrade Secures UAE SCA Category 5 Licence

GivTrade, an international multi-asset brokerage providing access to global markets

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

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Finance & Economy - Page 279

Nigeria’s Economy Stabilises in 2025; Non-Oil Sectors Set to Drive Growth in 2026 – CPPE

Alleged N1.4bn Oil Subsidy Fraud: Court Admits More Evidence Against Nadabo Energy Boss

How Lagos Can Tackle Building Collapse -Canada-based Engineer

AfDB’s Financial Contribution For Local Content, Job Creation In Mozambique Hits $2.5M

Unity Bank Records Seven Percent Growth In Q3, Amidst Macro-economic Challenges

FITCH RATINGS: Climate Change’s Credit Implications For Structured Finance Visible In 10 years

Nigeria’s Inflation Rate Drops To 15.99% In October — NBS

FBN Holdings: Hope For The Tottering Elephant?

Finance Minister Says Nigeria’s Debt To GDP Still Low At 33%

Access Bank Unveils 6th AccessX Experience Centre In Lagos, Others

CBN Partners RIFAN To Recover N463bn Anchor Borrowers Programme Unpaid Loan

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Finance & Economy - Page 279

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