Business

NGO trains over 20,000 undergraduates on plastic pollution

NGO trains over 20,000 undergraduates on plastic pollution

By Peter Egwuatu   U-Recycle Initiative Africa, a youth-led Non-Governmental Organisation, NGO, has trained over twenty thousand youths across four federal universities in Nigeria through the second edition of its flagship multi-year initiative for universities, called PlasticWize 2.0. The NGO is advancing environmental education, circular economy solutions, and climate action across Africa. Through PlasticWize 2.0, themed, “Redefining […]
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Sterling Bank, FBN, Ecobank, 21 others reach recapitalisation goal

Sterling Bank, FBN, Ecobank, 21 others reach recapitalisation goal

By Nkiruka Nnorom In an evolving development, 23 Nigerian banks, including Sterling Bank, First Bank of Nigeria (FBN), and several others, have successfully met the new capitalisation requirements set by the Central Bank of Nigeria (CBN). The accomplishment is a significant step toward strengthening the resilience of the country’s banking sector, which is critical in […]

UK investors lead Nigeria’s foreign inflow with $48m

UK investors lead Nigeria’s foreign inflow with $48m

By Yinka Kolawole THE Federal Ministry of Industry, Trade and Investment (FMITI) has revealed that the United Kingdom was the dominant source of new foreign investment into Nigeria in 2025, with roughly 65 percent of capital inflows, underlining the renewed appeal of the country to international investors. The inflows followed the activation of the UK–Nigeria Enhanced […]

NBS drops old consumption habits, refreshes inflation data

NBS drops old consumption habits, refreshes inflation data

By Cynthia Alo The National Bureau of Statistics, NBS, has   dropped outdated consumption habits that no longer reflect how Nigerians live and spend, following a long-overdue rebasing of the Consumer Price Index, CPI. Speaking at a virtual stakeholder engagement on the December 2025 inflation figure, organised with the Nigerian Economic Summit Group, NESG, the Statistician-General of […]

Mutual Funds assets grow 92% as investors increase patronage

Mutual Funds assets grow 92% as investors increase patronage

By Peter Egwuatu   Nigeria’s mutual funds are seeing strong growth, with total assets rising 92.6 per cent in one year as more investors put money into these investment products. According to data from the Securities and Exchange Commission (SEC), the total Net Asset Value (NAV) of mutual funds reached N7.416 trillion on November 28, 2025, up […]