Business

eTranzact partners SMEDAN to expand digital access for SMEs

By Elizabeth Adegbesan eTranzact International Plc has reaffirmed its commitment to supporting Micro, Small and Medium Enterprises, MSMEs, through digital payment solutions, as it deepens its partnership with the Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, to promote financial inclusion. The commitment was made at the SMEDAN/eTranzact Town Hall Engagement, themed, “Financial Literacy and […]
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N4trn debt: FG bows to pressure, pays N152bn to contractors 

By Emma Ujah The Federal Ministry of Finance (FMF) has confirmed the payment of the sum of N152 billion to contractors out of the total debt estimated at N4 trillion, explaining that the delay in payment was due to the verification process. This came at the backdrop of the long standing protests by the contractors […]

InfraCredit mobilises local currency debt for First Electric energy project

By Babajide Komolafe InfraCredit, an infrastructure credit guarantee institution, has announced the credit enhancement of First Electric Power and Automation Services Limited’s local currency debt issuance under a co-financing arrangement with the Climate Finance Blending Facility (CFBF). The transaction marks the first mesh-grid clean energy infrastructure project supported by the Facility and its sixth overall […]

Domestic stock investors dominate trade as portfolio transactions surge 42%

By Peter Egwuatu  Domestic investors have  recorded significant growth for the bulk of activity on the Nigerian Exchange Limited (NGX) in December 2025, as total domestic and foreign portfolio transactions rose sharply to N1.38 trillion, reflecting a 42.13 per cent increase from N0.97 trillion recorded in November 2025. The NGX Domestic and Foreign Portfolio Investment, FPI, […]

ASSET SALES: LCCI demands transparency, investment of proceeds in infrastructure 

By Yinka Kolawole The Lagos Chamber of Commerce and Industry (LCCI) has called for transparency and accountability in the proposed sale and privatisation of national assets by the federal government in the 2026 budget, while urging that the proceeds from the sale be invested in infrastructure development. President of LCCI, Engr. Leye Kupoluyi, made the call […]

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