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November 8, 2026 - 2:23 PM

Business

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UN, EU, Germany Rally Investors to Rebuild Borno Economy

The United Nations (UN), European Union (EU), German Government and other international development partners have pledged support for efforts to attract private sector investment...

CBN’s January 2027 Data Deadline Puts Banks and Fintechs Under Pressure

Nigerian banks and fintechs are increasingly under pressure to localize their payment transaction data to meet the Central Bank of Nigeria’s (CBN) compliance date...

Naira Slips to N1,350.45/$ at NFEM as November Losses Continue

The naira continued to weaken against the US dollar, closing at N1,350.45 on the Nigerian Foreign Exchange Market (NFEM) on November 5. According to data...

Dangote Urges Lotus Capital to Expand Financing for Nigeria’s Real Sector

Aliko Dangote, President & Chief Executive Officer of Dangote Industries Limited has encouraged Lotus Capital Limited to provide more funding to the real sector. Lotus...

Afreximbank Backs Nigerian Tile Maker With $81.9m Loan for African Expansion

The African Export-Import Bank (Afreximbank) has approved an $81.9 million loan for Veenocks Limited to expand its porcelain tile manufacturing plant in Sagamu, Ogun...

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