Business

22 firms on NGX face debt exposure of N21.3trn

22 firms on NGX face debt exposure of N21.3trn

About 22 companies listed on the Nigerian Exchange Limited, NGX, are carrying varying levels of debt, totalling N21.3 trillion in the second quarter of 2026, as they seek to finance their operations and generate profits.
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Agriculture lending in  Nigeria is growing — Adesina

Agriculture lending in Nigeria is growing — Adesina

By JIMOH BABATUNDE The successes recorded in the agricultural sector under the Agriculture Transformation Agenda (ATA) have led to increased lending to the sector by banks within and outside the country. The Minister of Agriculture, Dr. Akinwumi Adesina, disclosed that agricultural lending as a share of total bank lending rose from 0.7 % to 5% […]

PENCOM to extend CPS to  informal sector

PENCOM to extend CPS to informal sector

The National Pension Commission, PENCOM, has announced plans to extend the Contributory Pension Scheme, CPS, to the informal sector of the economy, in the next couple of months.

Benue agro dealers lament exclusion from GES

Benue agro dealers lament exclusion from GES

The corruption which the Growth Enhancement Scheme (GES), under which farmers across the country now receive their subsidized fertilizers and seeds via their mobile, hopes to eradicateis brewing its ugly head in Benue state as the agro dealers are alleging foul play by government officials.