Month: October 2025

Nigerian banks record 213 million social ad impressions in Q3 2025

Nigerian banks collectively recorded over 213 million social media ad impressions in the third quarter of 2025, underscoring the sector’s increasing shift towards digital marketing and online customer engagement. According to data from digital marketing analytics firm Adlytics Africa, the banking sector’s online advertising footprint surged by 18% compared to the previous quarter, as more financial …

Nigerian banks record 213 million social ad impressions in Q3 2025 Read More »

FirstBank demonstrates effective assets and liability management with Eurobond Redemption

FirstBank of Nigeria Limited has once again proven its reputation for strong financial discipline and sound balance sheet management through the successful redemption of its $350 million (three hundred and fifty million United States dollars) Eurobond at maturity on October 27, 2025. The Eurobond, originally issued in 2020 with a coupon rate of 8.625 percent …

FirstBank demonstrates effective assets and liability management with Eurobond Redemption Read More »

Foreign Portfolio Inflows Into Nigeria’s Stock Market Jump 846% to Over ₦1 Trillion

Foreign portfolio inflows into Nigeria’s stock market have surged dramatically, rising by an unprecedented 846 percent to over ₦1 trillion, signaling renewed confidence in the country’s equities market and broader economy. According to the latest data from the Nigerian Exchange Limited (NGX), total foreign inflows reached ₦1.03 trillion as of September 2025, compared to ₦108.93 …

Foreign Portfolio Inflows Into Nigeria’s Stock Market Jump 846% to Over ₦1 Trillion Read More »

China’s $450 Million Steel Investment Signals a New Era for Nigeria’s Industrial Growth

Nigeria’s industrial landscape is witnessing a defining moment as China’s Stellar Steel Group, in partnership with Inner Galaxy Group, announces a four hundred and fifty million dollar investment for the construction of a modern steel manufacturing plant in Ogun State. The project, which is expected to begin operations by mid-2026, represents a major step toward …

China’s $450 Million Steel Investment Signals a New Era for Nigeria’s Industrial Growth Read More »

How to Build a Personal Budget That Works

In the world of investment and business leadership, personal financial discipline remains the foundation of lasting success. Many people focus on scaling ventures and maximizing returns, yet the ability to manage personal finances effectively is what separates sustainable wealth from temporary prosperity. A personal budget is not simply a record of income and expenses. It …

How to Build a Personal Budget That Works Read More »

Understanding Tax Obligations for Entrepreneurs

In today’s fast-changing business environment, financial literacy goes beyond budgeting and profit-making. It also involves understanding taxation and compliance. For many entrepreneurs, tax remains one of the least understood yet most important aspects of running a sustainable business. Proper tax management not only keeps you compliant with the law but also improves your cash flow, …

Understanding Tax Obligations for Entrepreneurs Read More »

Nigeria Imports 69 per cent of the 21 billion litres of petrol  Despite Domestic Capacity Growth

Nigeria’s downstream petroleum sector is undergoing a period of transition defined by both progress and contradiction. Despite the commissioning of the $20 billion Dangote Petroleum Refinery, Africa’s largest single-train refinery with an installed capacity of 650,000 barrels per day, the country continues to rely heavily on imported refined petroleum products. Recent industry data indicate that …

Nigeria Imports 69 per cent of the 21 billion litres of petrol  Despite Domestic Capacity Growth Read More »

Great Nigeria Insurance Records Strong Turnaround with ₦2bn Profit, Driven by IFRS 17 Transition and NIIRA 2025

Great Nigeria Insurance Records Strong Turnaround with ₦2bn Profit, Driven by IFRS 17 Transition and NIIRA 2025

After navigating a turbulent economic landscape, Great Nigeria Insurance (GNI) Plc has made an impressive return to profitability, reporting a ₦2 billion profit after tax for the 2024 financial year. This marks a remarkable turnaround from a ₦736 million loss recorded in 2022, underscoring the company’s strong recovery strategy and prudent financial management. The Insurance …

Great Nigeria Insurance Records Strong Turnaround with ₦2bn Profit, Driven by IFRS 17 Transition and NIIRA 2025 Read More »

Investor Confidence Strengthens as Monetary Policy Signals Shift Toward Easing

Investor confidence is on the rise, and stock markets are responding with renewed strength. Across global and local markets, optimism has returned as expectations of interest rate cuts fuel a rally that is bringing investors back into equities. In Nigeria, the market closed the week on a positive note, with the Nigerian Exchange Limited (NGX) …

Investor Confidence Strengthens as Monetary Policy Signals Shift Toward Easing Read More »

Where Nigerians Can Invest in Q4 2025

As Nigeria enters the final quarter of 2025, investors face a markedly different environment from a year ago — one shaped by easing inflation, stabilizing foreign exchange markets, and gradual monetary policy moderation by the Central Bank of Nigeria (CBN).Confidence is cautiously returning to the capital market. Both institutional and retail investors are beginning to …

Where Nigerians Can Invest in Q4 2025 Read More »

Scroll to Top