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By Jeremiah Urowayino UN Global Compact Network Nigeria has said Nigeria does not lack capital but sufficient investable opportunities capable of attracting and absorbing it. This was disclosed at the 2026 CEO Forum of the UN Global Compact Network Nigeria, themed ‘Financing a Dignified Future: Aligning Capital, Policy and Business Action,’ which brought together chief […]
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By Emma Ujah, Abuja Bureau Chief The Nigeria Sovereign Investment Authority, (NSIA) has launched the $300 million Nigeria Distributed Renewable Energy (DRE) Fund, a new investment vehicle designed to accelerate private-sector investment in renewable energy and expand electricity access to underserved communities and businesses across the country. The Fund, which reached its commercial launch milestone […]
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Peter Egwuatu Currency outside banks in Nigeria more than doubled in three years, rising by 119.3 per cent between August 2023 and August 2026, according to the Central Bank of Nigeria, CBN’s Money and Credit Statistics. The amount of currency outside the banking system increased to N4.874 trillion in August 2026, from N2.223 trillion in […]
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About 22 companies listed on the Nigerian Exchange Limited, NGX, are carrying varying levels of debt, totalling N21.3 trillion in the second quarter of 2026, as they seek to finance their operations and generate profits.
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By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have signed a Memorandum of Understanding (MOU) on Monetary-Fiscal Policy Coordination to strengthen their partnership in the pursuit of stronger macroeconomic management, lasting economic stability and sustainable prosperity for all Nigerians. The Governor of the CBN, Mr. […]
The post Cardoso, Oyedele sign Monetary-Fiscal policy coordination MOU appeared first on Vanguard News.
By Peter Egwuatu The stock market recorded a strong rebound last week as investors gained over N4.57 trillion on the Nigerian Exchange Limited, NGX, despite the ongoing N2.2 trillion Initial Public Offering, IPO, of Dangote Petroleum Refinery. The market had, the previous week, lost N1.9 trillion following widespread profit-taking across major stocks. Analysts noted that […]
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