Finance
Nigeria’s Debt Service Projected to Surge to $5.2 Billion in 2025, Fitch Warns
Nigeria's external debt service is projected to climb to a substantial $5.2…
UK-Backed InfraCredit Lists on NASD OTC, Secures $41M to Bolster Nigeria’s Infrastructure
In a significant move aimed at bridging Nigeria's substantial infrastructure deficit, InfraCredit,…
CBN’s New Capital Rules: Fresh Banks Must Comply Immediately, Existing Banks Given Two Years
The Central Bank of Nigeria (CBN) has issued a clear directive regarding…
Kenya Scraps $1.3 Billion French Highway Deal, Eyes Chinese Contractor
In a significant shift that signals potential changes in Kenya's infrastructure development…
Updated: Nigeria’s Economic Reforms Earn Rating Upgrade Amidst Persistent Challenges
International credit rating agency Fitch has upgraded Nigeria's long-term foreign-currency issuer default…
Naira’s Recent Dip ‘Reasonable’ Amidst Global Market Turmoil, Says JP Morgan
Despite a recent dip in the Nigerian Naira against the US dollar,…
Pension Funds Fuel Nigeria’s Real Sector with N5.5 Trillion Investment Surge
Nigeria's Pension Fund Administrators (PFAs) have significantly ramped up their investments in…
NDIC Commences First Payout to Heritage Bank Depositors
The Nigeria Deposit Insurance Corporation (NDIC) has announced the commencement of the…