Search results for "capital"
PremiumTrust Bank Ratings Upgraded As Capital Adequacy Hits 40.8%
PremiumTrust Bank has secured upgrades to its credit ratings from Agusto & Co. and DataPro Limited, following improvements in its capitalisation, liquidity, asset quality and overall financial performance. Agusto & Co.…
Stock Market Capitalisation Crosses N160trn
The Nigerian equities market extended its bullish trajectory on Monday, as the overall capitalization trade above N160 trillion. The All-Share Index (ASI) gained 707.34 points, representing a gain of 0.29 per cent to…
PremiumTrust’s capital adequacy doubles to 40.8% as Agusto, DataPro upgrade bank
PremiumTrust Bank’s capital adequacy ratio (CAR) has nearly doubled to 40.8 percent, strengthening its financial buffer as Agusto & Co. read more PremiumTrust’s capital adequacy doubles to 40.8% as Agusto, DataPro…
Alitheia moves to close capital gap for women-led businesses
Alitheia Capital’s W.O.M.A.N. 2026 program connects over 300 women-led businesses in Nigeria with investors and expertise to close capital gaps. Read More:…
IMF: Trade payment restrictions strengthen current accounts, capital controls sway exchange rates
Trade payment restrictions can strengthen countries’ current account positions, while capital controls influence exchange rate movements differently depending on whether they target capital inflows or outflows,…
Yobe moves to strengthen human capital development through strategic review
The Yobe Government has commended a strategic review of its human capital development interventions as part of efforts to improve read more Yobe moves to strengthen human capital development through strategic review
Capital for climate action must target underserved rural sectors
Africa’s ability to withstand the growing economic impact of climate change will depend largely on how effectively financial institutions place read more Capital for climate action must target underserved rural sectors
Abia ranks among top states in revenue, capital growth – Report
Abia State shows significant fiscal and infrastructural progress, ranking among top states in revenue growth, capital spending, and service delivery. Read More:…
How EFCC’s recovery drive is returning stolen capital to Nigeria’s economy
From tax recoveries and restitution to student loans and consumer credit, Nigeria’s anti-graft agency is betting recovered wealth can do read more How EFCC’s recovery drive is returning stolen capital to Nigeria’s…
Tinubu, CBN, W/Bank Challenge Banks To Unlock N4.65trn Fresh Capital For Growth
President Bola Ahmed Tinubu, the Central Bank of Nigeria (CBN) and the World Bank have challenged Nigerian banks to deploy the N4.65 trillion fresh capital raised through the recently concluded recapitalisation exercise…
Trust capital over venture capital: Dr Richard Ikiebe’s review hails VFD founders in ‘the challengers’
In a profoundly incisive review of Dr Eghosa Imasuen’s new narrative non-fiction work, THE CHALLENGERS: The Disruptive Nigerian Entrepreneurs Creating a Billion-Naira Company, veteran media scholar and policy strategist…
Letting capital reach the businesses that create jobs
Nigeria’s business environment presents troubling contradictions. Billions of dollars are being mobilised every year for energy, infrastructure, oil and gas, read more Letting capital reach the businesses that create…
Katsina Prioritises Capital Projects, Grassroots Development In N828.64bn 2027 Budget
Capital projects and grassroots development have taken the centre stage in Katsina State Governor Dikko Umaru Radda’s proposed N828.64 billion budget for 2027, with nearly 77 per cent of the total expenditure earmarked…
Dangote Refinery IPO is Nigeria’s first fully digital retail offer — Vetiva Capital
The Dangote Petroleum Refinery Initial Public Offer (IPO) will be the first public offer in Nigeria that retail investors can subscribe to entirely through digital channels, the Chief Executive Officer of Vetiva Capital…
Dangote family office prepares for central capital management role ahead of refinery IPO
Aliko Dangote’s family office is preparing for a broader role in managing the billionaire’s business interests, with the Dubai-based operation read more Dangote family office prepares for central capital management role…
Find out more as application portal opens for student venture capital grant worth N50m each
The federal government will award up to N50 million each to 50 student-led STEM ventures under the second cohort of its Student Venture Capital Grant.
Capital Access, Energy Costs Constrain Women-led Businesses
Women-led micro, small and medium enterprises (MSMEs) in Nigeria’s manufacturing, agribusiness and nutrition sectors face persistent barriers to capital, energy, technical skills and market access, according to…
Nigeria steps up race for global capital with Lagos International Financial Centre
The Federal Government has backed the establishment of the Lagos International Financial Centre (LIFC), with stakeholders targeting a soft launch read more Nigeria steps up race for global capital with Lagos…
Cholera: FCT Agency Warns Against Open Defecation
To prevent the outbreak of cholera in the nation’s capital, the Federal Capital Territory (FCT) Rural Water Supply and Sanitation Agency (RUWASSA) has cautioned residents against open defecation in bushes and…
Katsina proposes ₦828.6bn 2027 budget, says 2026 capital spending at 26.6 per cent
The proposal, tagged “Building Your Future IV”, sets aside ₦637.91 billion (76.98 per cent) for capital expenditure and ₦190.73 billion (23.02 per cent) for recurrent spending The post Katsina proposes ₦828.6bn 2027…
SUNU lists new shares as enlarged capital hits N25.95bn
SUNU Assurances Nigeria Plc lists 2.08bn new shares on NGX, increasing its capital to N25.95bn. Discover the impact on SUNU Assurances shares and future st Read More:…
Development partners, investors, policymakers, and pioneering Women-Led Businesses convene in Lagos for W.O.M.A.N. 2026
Alitheia Capital brings together founders, investors, policymakers, and development partners on 10–11 September to address the capital and capability gap read more Development partners, investors, policymakers, and…
NGX begins climate assessments to unlock green capital
The Nigerian Exchange Group (NGX) has started corporate baseline assessments under its N-Zero initiative to help companies strengthen climate readiness and Read More:…
Market Value of 12 Banks on NGX Surges Past N28tn
Kayode Tokede The market capitalisation of First Holdco Plc, Zenith Bank Plc and 10 others listed banks on the Nigerian Exchange Limited (NGX) as of August 2026 crossed N28 trillion
Jubilation as court compensate husband who found his wife in another man's car
A court in Abu Dhabi, the UAE capital, has ordered the cash compensation to a man who found his wife wife in the car of another man. The court gave tw reasons.
EHA impact ventures reinvests $100,000 in Ananya health’s cervical cancer solution
Healthcare venture capital firm EHA Impact Ventures has announced a $100,000 follow-on investment in medical technology developer Ananya Health. The read more EHA impact ventures reinvests $100,000 in Ananya health’s…
Six companies list 14.44 billion new shares as capital raising gathers pace
THE Nigerian Exchange Limited (NGX) recorded a significant wave of supplementary listings in the week ended September 4, 2026, as six listed companies admitted a combined 14.44 billion additional ordinary shares to the…
Enugu Youths Endorse Federal Govt, Gov Mbah’s War Against Insecurity
Residents and youths of Enugu State have marched through popular streets in the state capital in support of the government’s campaign against insecurity, declaring their zero tolerance for terror, criminality and…
GSTC Kwali wins science competition, gets N500,000 prize
The Government Science and Technical College (GSTC), Kwali, has emerged overall winner of the Science Quiz and Debate Competition organised for secondary schools in Kwali Area Council of the Federal Capital Territory…
Police rescue 2 abandoned babies in Abuja
Operatives of the Federal Capital Territory (FCT) Police Command have rescued two abandoned newborn babies in separate incidents recorded in Kurudu and Gwagwalada Area Council. The FCT Commissioner of Police, CP Ahmed…
How Governor Umo Eno’s administration is institutionalising open budget and debt-free governance
It borders on intellectual dishonesty and sheer absurdity for certain individuals to interrogate the fiscal prudence and capital expenditures of read more How Governor Umo Eno’s administration is institutionalising open…
IGP targets mortgage funds to bridge police housing gap
The Nigeria Police Force is seeking to unlock multi-billion-naira mortgage financing and private-sector capital to accelerate the delivery of affordable housing for its personnel, in a move that could deepen private…
STL Trustees unveils Holding Group,
STL Trustees Limited (STL) has formally unveiled its new group structure, bringing together its trusteeship, asset management, and capital & advisory businesses under one umbrella as the financial services firm moves to…
Breaking: Panic, tension as military aircraft crashes during parade
There is tension and panic as military aircraft crashing during parade at the capital. You should see the details of the incident that have started trending.
Credit bypassing Nigeria’s job creators — World Bank Official
The World Bank has said Nigeria’s financial system is failing to channel sufficient credit to businesses with the greatest potential to create jobs, urging banks and development finance institutions to redirect capital…
TechBBQ’s Charles Kinga on what European investors get wrong about Africa
Charles Kinga does not immediately strike you as someone who can talk for hours. When we meet on August 25 in the lobby of Go Hotel in Copenhagen, Denmark’s capital and largest city, he appears quiet, almost…
ANAMBRA: A STATE’S CHEQUERED JOURNEY
What is today known as Anambra State used to co-exist with Enugu State as one state, with Enugu as its capital. But as the agitation for the creation of more
FG opens ₦50m student venture grant, restores NMEC autonomy
The Federal Government has opened applications for the second cohort of the Student Venture Capital Grant (S-VCG), offering up to ₦50 million in equity-free funding to 50 student-led ventures nationwide. The initiative,…
Turning Recovered Loot into Growth
From boosting public revenue to funding education and restoring capital, the anti-graft war is beginning to yield an economic dividend, writes Festus Akanbi Tor an institution traditionally measured by the number
Police arrest 10 suspected vandals, recover cables in Abuja
By Kingsley Omonobi The Federal Capital Territory, FCT, Police Command has arrested 10 suspected vandals in separate operations in Kubwa, Wuye and the National Mosque area of Abuja, recovering armoured cables and a…
