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October 22, 2026 - 5:23 AM

Business

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Bank Lending To Nigerian Manufacturers Drops 26.8% To N5.19 Trillion

Credit advanced by Nigerian banks to manufacturers decreased by 26.8% year on year to N5.19 trillion in June 2026, indicating a continuing fall in...

Nigeria Startup Funding Hits $635 Million as Country Reclaims Africa’s Lead

Nigeria has reclaimed its position as the largest recipient of startup investment in Africa after raising a total of $635 million between January and...

Financial Services Push Nigeria’s FX Demand to 15 Year High

Nigeria’s foreign exchange utilisation hit $18.34 billion in the second quarter of 2026, its highest quarterly value in almost 15 years, largely driven by...

Tony Elumelu Backs $15 Billion West African Infrastructure Investment Plan

Nigerian billionaire Tony Elumelu is backing a proposed $15 billion investment pipeline in West Africa to fund infrastructure development projects in the regions of...

UEFA Figures Question Infantino’s Leadership After FIFA Council Apology

European football authorities are pressing FIFA president Gianni Infantino after he apologized to the FIFA council for the proposal to sell on a portion...

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