Business

Nigeria needs more bankable projects to attract capital – UNGC

Nigeria needs more bankable projects to attract capital – UNGC

By Jeremiah Urowayino UN Global Compact Network Nigeria has said Nigeria does not lack capital but sufficient investable opportunities capable of attracting and absorbing it. This was disclosed at the 2026 CEO Forum of the UN Global Compact Network Nigeria, themed ‘Financing a Dignified Future: Aligning Capital, Policy and Business Action,’ which brought together chief […]
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Bank customers’ complaints grow by 143%, as CBN resolves 9,771

Bank customers’ complaints grow by 143%, as CBN resolves 9,771

By Elizabeth Adegbesan   The Central Bank of Nigeria,  CBN,   said it resolved 9,771 out of 10,704 bank customers’ complaints in the first half of the year (H1’25). CBN disclosed this in its latest  Financial Stability Report, noting that the number of complaints received in H1’25 grew by 143.3 percent year-on-year (YoY) from 4,398 complaints in H1’24.   […]

Banks, fintechs facilitate N162bn crypto, N18.7bn scam — EFCC

Banks, fintechs facilitate N162bn crypto, N18.7bn scam — EFCC

By Luminous Jannamike The Economic and Financial Crimes Commission (EFCC) has uncovered widespread compromise within Nigeria’s financial system, revealing that commercial banks, fintech companies and microfinance banks facilitated the movement of N162 billion in cryptocurrency transactions and   N18.7 billion in fraud proceeds without due diligence, facilitating scams that affected more than 900,000 Nigerians. The Commission said the […]

2026 Macroeconomic Outlook: EnterpriseNGR report presentation sees further stability

2026 Macroeconomic Outlook: EnterpriseNGR report presentation sees further stability

By Emeka Anaeto, Business Editor As Nigeria’s economic reforms enters its third year analysts have remained largely optimistic that a sustained policy measures would result in stability across key macroeconomic indicators. This was the major content in the 2026 EnterpriseNGR macroeconomic outlook launched yesterday in Lagos. Speaking on the outlook, Omotayo Muritala, Head of Research at […]