Tag: Nigeria Economy

Nigeria must attract roughly $100 billion in infrastructure investment every year for the next 17 years to close an estimated ...

Nigeria's industrial revival is hitting a credit brick wall, as bank lending to the manufacturing sector contracted by N1.92 trillion ...

Lafarge Africa Plc has officially completed its transition to HBM Nigeria Plc, marking the end of a decades-long association with ...

Nigeria’s cash-based economy remains strong despite ongoing efforts by the Central Bank of Nigeria (CBN) to encourage digital payments and ...

Wema Bank Plc has secured a €50 million (approximately N78.5 billion) financing facility from the European Investment Bank (EIB) through ...

Nigeria’s broad money supply increased to N129.21 trillion in May 2026, underscoring the continued expansion of liquidity across the economy ...

Nigeria’s financial landscape is undergoing a major transformation, with digital payments becoming a vital part of everyday life and economic ...

The Minister of Works, David Umahi, has called on cement manufacturers in Nigeria to reduce the price of cement, warning ...

Wema Bank has secured a €50 million (about N78.5 billion) funding facility from EIB Global, the development arm of the ...

Aradel Holdings Plc delivered a record financial performance in 2025, reporting profit before tax (PBT) of N835.01 billion, a 163.60% ...