News

Sterling Financial Holdings Company PLC has successfully completed its capital raise with full regulatory approval from the Central Bank of Nigeria (CBN), securing an additional ₦75 billion. This approval marks the final step in the […]

There are six key factors that will determine firms’ success in 2025. The 2025 HR trends and priorities report by Always Designing for People (ADP) examined over 10 major trends that will impact companies next […]

The Central Bank of Nigeria (CBN) reported a 16 percent year-on-year increase in banks’ credit extension to the private sector, totaling N74.0 trillion in October 2024. FBNQuest Capital Research analysts noted a deceleration from the […]

The Nigerian government is set to collaborate with Bloomberg, a global media company, to rebrand the country’s international image and attract foreign investments essential for economic growth. This partnership, as announced by the Ministry of […]

Saudi Arabia’s SALIC International Investment Company has purchased a 35.43% stake in Olam Agri Holdings for $1.24 billion. The transaction, finalized on December 23, 2024, values Olam Agri Holdings at US$3.5 billion, with Olam Group […]

Vitafoam Nigeria Plc, a leading manufacturer and distributor of mattresses and other bedding products, reported a significant drop in after-tax profit to N952.2 million for the nine months ending on September 30, 2024. Despite this […]

Nigeria’s small and medium-sized enterprises (SMEs) are essential for economic growth and stability but face challenges such as a poor business environment, lack of access to affordable credit, and suitable incentives for growth. The informal […]

In 2024, Nigeria witnessed a surge in mergers and acquisitions, particularly in the oil and gas sector. DealMakers Africa reported that the value of M&A in Nigeria reached $3.8 billion in the first nine months […]

Aside from your salary or business income, it is crucial to explore other sources of income to meet your growing needs. Despite the low salaries, many finance professionals in Nigeria opt to remain in their […]

Nigerian businesses are optimistic about the naira appreciating in the first half of 2025, as per the November 2024 Business Expectation Survey (BES) by the Central Bank of Nigeria (CBN). The survey indicated that while […]