By Peter Egwuatu Guaranty Trust Holding Company Plc , GTCO, has recorded interest income of N1.622 trillion for the audited financial year ended December 31, 2025, up by 22.8%   from N1.321 trillion recorded in the corresponding period 2024. The company also declared a dividend of N12.76 per share for the financial year 2025. The results released […]

By Udeme Akpan The African Export-Import Bank has underwritten $2.5 billion of a $4 billion senior syndicated term loan for the Dangote Petroleum Refinery and Petrochemicals. A syndicated loan is a financing arrangement involving a large sum of money provided by a group of lenders. In a statement confirming the deal, Afreximbank disclosed that it […]

By Peter Egwuatu  Nigeria’s stock market ended the first quarter of 2026 on a high note, with investors making massive gains of over N29 trillion in just three months. The strong performance comes amid ongoing economic reforms in the country. The total value of all listed companies on the Nigerian Exchange Limited (NGX), known as market capitalization, […]

Nigeria’s total debt stock is set to rise to N155.1 trillion, following an additional $6 billion loan request by President Bola Tinubu, hurriedly approved by the Senate yesterday.

Guaranty Trust Holding Company Plc , GTCO, has recorded interest income of N1.622 trillion for the audited financial year ended December 31, 2025, up by 22.8% from N1.321 trillion recorded in the corresponding period 2024.

By Progress Godfrey ABUJA-The Federal Government has moved Nigeria’s next-generation satellite programme into the execution phase, with NIGCOMSAT-2A and 2B scheduled for launch in 2028 and 2029 to boost connectivity, security and digital economy growth. Managing Director of NIGCOMSAT Limited, Mrs Jane Nkechi Egerton-Idehen, disclosed this at the opening of the 2026 Satellite Week in Abuja. […]

•Signals revolution in Nigeria’s trade value chain By Emeka Anaeto, Business Editor A major shift in Nigeria’s trade modernization journey may have started as global logistics giant DHL, alongside the Standard Organisation of Nigeria (SON) the Nigeria Agricultural Quarantine Service (NAQS) and National Environmental Standards and Regulations Enforcement Agency NESREA), successfully commenced the electronic submission and […]

By Obas Esiedesa, Abuja The Federal Government’s inability to meet its financial obligations to power generation companies has deepened the crisis in the already struggling electricity sector, with fresh data showing it paid only N76.95 billion (about four percent) of the N1.928 trillion subsidy required in 2025. Although the government budgeted N958 billion for electricity subsidies […]

….Says Nigeria needs $14bn annually to bridge infrastructure gap….As IsDB invests over $2.4bn By Adesina WahabThe Minister of Finance, who is also the Coordinating Minister of the Economy, Mr Olawale Edun, has said the nation is targeting an annual 7 percent growth in its Gross Domestic Product, GDP, so as to take as many Nigerians […]

“The priority must shift from capital adequacy to economic impact. Nigeria needs banks that work for the economy”