bridging information and transformation
Ahead of the banking sector recapitalisation deadline of March 31, 2026, Sterling Financial Holdings Company has announced plans to raise $400 million in capital across multiple phases and instruments as part of its broader strategy to expand operations and meet new regulatory requirements set by the Central Bank of Nigeria (CBN). According to Bloomberg, CEO […]
The African Development Bank, (AfDB) in partnership with the Islamic Development Bank, (IDF) Federal Government of Nigeria and the Abia State, has launched the Abia State Integrated Infrastructure Development Project. The project is a transformative $263.8 million initiative to modernise urban infrastructure, enhance mobility, and promote inclusive, climate-resilient development, according to a statement that was […]
The Nigerian equities market closed yesterday on a positive note, driven largely by gains in banking stocks, pushing the market higher by N1.441 trillion. The All-Share Index (ASI) rose by 2,277.54 points, or 1.20 per cent , closing at 128,967.08 points. Recall that the ASI closed at 126,689.54 points on the previous trading day. Market […]
The Lagos Chamber of Commerce and Industry (LCCI) has emphasised the need for a deliberate and coordinated effort to unlock Nigeria’s economic potential. The president of LCCI, Gabriel Idahosa stated this at the Chamber Mid-Year 2025 Economic Review. Idahosa highlighted that, “despite the challenges we face, Nigeria holds significant economic promise. Our youthful population, rich […]
The minister of Marine and Blue Economy, Adegboyega Oyetola, has vowed to end Nigeria’s dependence on fish importation by aggressively boosting local fish production. At a high-level consultative meeting with fisheries cooperative groups in Abuja, the minister outlined a bold vision aimed at transforming the nation’s aquaculture sector into a powerhouse of food security, employment, […]
Nigeria’s advertising and marketing industry is undergoing significant transformation as key stakeholders rally around a renewed commitment to innovation, resilience, and bold leadership. Under the theme “Charting Bold Paths Forward,” the industry is addressing the urgent need to adapt to a rapidly changing business landscape. The association noted that its 52nd Annual General Meeting and […]
In a move set to reshape the nation’s commodities market, The Alternative Bank (AltBank) has announced a strategic partnership with the Nigeria Commodity Exchange (NCX) aimed at unlocking greater value across the agricultural value chain through a structured, finance-enabled commodities trading ecosystem. At the heart of the partnership is a commitment to introduce electronic warehouse […]
Access Holdings Plc has said, shareholders of the financial conglomerate are set to begin to reap the benefits of its long-term strategic blueprint anchored on a deliberate and structured progression of scale, optimise, and sustain. According to its acting group chief executive, Bolaji Agbede, the road map, which has driven the Group’s aggressive expansion across […]
Nigeria’s ambition to address its chronic power crisis and industrialisation through local content development and mineral resource management faces critical challenges despite impressive headline figures. Despite Nigeria’s power and mineral sectors together generating N1.7 trillion in revenue and drawing $800 million in investment in recent years, the country continues to grapple with significant challenges that […]
The Project Management Institute (PMI) is convening the continent’s most influential voices at the Global Summit Series Africa, driving urgent, collective action to redefine how projects deliver impact and value, amid Africa’s growing wave of infrastructure investment and innovation. To be hosted in Kigali, Rwanda between 19 to 21 August, the Summit is designed for […]