FCMB’s Capital Raise Sparks Investor Debate
LFCMB Group Plc has escalated its capital raise ceiling from N340 billion to N370 billion, and now to N400 billion, raising concerns among investors...
Legacy Debts, Contract Uncertainty Hindering Financing of New Grid-Connected Power Projects, Lenders Warn
Lenders and senior industry figures have cautioned that the high-risk financial position of Nigeria’s Distribution Companies and continued ambiguity in regulatory and contractual arrangements...
Dangote Sugar Announces US$700 Million Investment to Cut Nigeria’s Dependence on Imported Raw Sugar
Dangote Sugar Refinery has unveiled a sweeping investment package worth more than US$700 million, aimed at accelerating Nigeria’s transition toward self-sufficiency in sugar production....
Google Launches AI Skilling Blueprint to Bridge Africa’s Digital Skills Gap
Lagos, Nigeria – Google has unveiled a landmark initiative aimed at addressing Africa’s widening artificial intelligence (AI) skills gap and preparing the continent’s workforce...
Nigeria’s Economy Stabilizing as Inflation Eases and Reserves Rise, Says CBN Governor
Abuja, Nigeria – The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has affirmed that the nation’s economy is regaining stability, citing an increase...
