Business

…Provides N137.8bn fund to de-risk private investments ..Vows speedy execution of investment agreements By Babajide Komolafe, Economy Editor & Egufe Yafugborhi, Ochuko Akuopha ASABA — Delta State Government has announced a $100 million, equivalent to N137.8 billion, as a Viability Gap Fund to de-risk private sector investments, pledging the speedy execution of agreements reached at […]

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By Efe Onodjae The Nigerian Ports Authority (NPA) has dismissed claims that the Eastern Ports have been neglected, saying the Federal Government (FG) is investing in infrastructure upgrades to restore their competitiveness and attract more cargo traffic. Manager of the Rivers Port Complex, Kenechi Okaeze, gave the assurance during an interactive session with members of the […]

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…Balance sheet nears N5 trillion By Babajide Komolafe Sterling Financial Holding Company Limited has recorded a 31.5 per cent growth in gross earnings to N279. 6 billion in the half-year ended 30 June 2026 over the corresponding period in 2025. The parent company of Sterling Bank disclosed this in its unaudited results for the half-year ended […]

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… Despite N11.1trn July gain By Peter Egwuatu  Nigeria’s stock market reversed course last week as widespread profit-taking erased N1.261 trillion from investors’ portfolios, ending the week in negative territory after a sustained rally. The decline followed renewed selling pressure across major banking, industrial and consumer goods stocks as investors cashed in on the strong gains […]

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By Babajide Komolafe The rapid growth in digital finance is outpacing public confidence in the financial ecosystem, prompting the Bridgforte Centre for Global Impact to launch a new governance framework and the Trust Lab to strengthen trust in platform-led finansce. The Centre disclosed this yesterday at the unveiling of its flagship policy report, Trust Architecture in […]

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