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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Equity investors sustain last year end rally to gain N2.05trn

By Peter Egwuatu   The investors on the Nigerian Exchange Limited, NGX sustained the 2025 year-end rally, gaining N2.05 trillion in the  four trading days of the week. Financial analysts noted that investors returned to fundamentally strong stocks  across the Banking, Information Communications Technology , ICT and select Consumer Goods sectors.  Analysis of trading shows that the […]

Solid minerals records 337% revenue rise to N70bn in 2025

By Gabriel Ewepu The Ministry of Solid Minerals Development recorded a 337 per cent increase in revenue, rising to over N70 billion in 2025 from N16 billion in 2023, under the leadership of Minister of Solid Minerals Development, Dr Dele Alake. The development was disclosed by the Special Assistant on Media to the Minister, Segun Tomori, […]

Credit to economy rises 1.7% to N100trn 

By Elizabeth Adegbesan Credit to the economy crossed the N100 trillion mark for the first time, as it rose by 1.7 per cent, month-month, MoM to N100.98 trillion in November from  N99.2 trillion in October.  The increase was driven by 6.4 per cent, MoM rise in Credit to the government to N26.4 trillion in November 2025 […]

2026: Manufacturers seek creation of refinancing, rediscounting facility

To ensure single-digit interest loans  •Seeks prompt implementation of industrial policy   By Yinka Kolawole  The Manufacturers Association of Nigeria (MAN) has called for the creation of a Manufacturing Refinancing and Rediscounting Facility (MRRF), among other sweeping financial and policy interventions, aimed at reviving the country’s manufacturing base in 2026. In a report on 2026 manufacturing outlook, […]

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