Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’
The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has called for a major shift in the global approach to financing Africa’s development, urging the international community to make affordable, long-term capital available for infrastructure and energy projects across the continent. Oyedele, who made the call at the United Nations Dialogue […]
UBA exceeds N500bn capital base with successful Rights Issue
By Babajide Komolafe United Bank for Africa, UBA Plc, has exceeded the N500 billion minimum capital requirement for banks with international authorisation, following the successful conclusion of its second Rights Issue, which added N157 billion to the bank’s capital base. Vanguard investigations showed that at the end of the first half of 2025, UBA had […]
Jigawa, North Central States accelerate shift to Tax Reforms
Jigawa State has joined other North Central states in fast-tracking the domestication of Nigeria’s new tax reforms, as sub-national governments intensify efforts to boost revenue generation…
Electricity: Togo, Niger, Benin owe Nigeria N25bn; Ajaokuta Steel, community, N1.03bn
NERC disclosed that Togo, Niger, and Benin owe Nigeria $17.8 million, an equivalent of over N25 billion
Listed companies: Nigeria ranks 3rd in Africa
The Organisation of Economic Co-operation and Development (OECD) says Nigeria’s stock market ranks third-highest in Africa by the number of listed companies.
Tinubu cheers NGX’s ₦100trn boom, calls for greater local investment
PRESIDENT Bola Tinubu has commended corporate Nigeria, citizens, and capital market stakeholders for propelling the Nigerian Exchange, NGX, surpassing the historic ₦100 trillion market capitalization milestone.
