…maintained their position at the summit of global football business, topping the Brand Finance Football 50 Report for the third consecutive year.The Spanish club's brand value surged 25% year-over-year to reach €2.4 billion. The valuation makes Los Blancos the first club in the 15-year history of the ranking to cross t…
…living with their parents, relatives or in shared accommodation while building their finances. Hamzat gave the advice during a question-and-answer session with Nigeria Info FM on Thursday, August 20. Considering the alarming increase in house rents in Lagos, the deputy was asked how a 22-year-old earning N100,000 month…
…on Friday, said Nigerians deserve clear answers on how a renewed subsidy regime would be financed without putting more pressure on government finances. His reaction followed Atiku’s recent promise to restore the petrol subsidy, and he argued that Nigerians have not benefited enough from the savings generated by its rem…
…Tunji-Ojo; Minister of Youth Development, Ayo Olawande; and Minister of State for Finance, Taiwo Oyedele. It said their presence presented the state with an opportunity to secure more federal interventions, projects and investments. The group cited the Lagos-Calabar Coastal Highway, reconstruction and dualisation of th…
…and Analysts Call, where Managing Director/Chief Executive Officer, Girish Sharma, Finance and Strategy Director, Mayank Kabra, and Corporate Relations and Legal Director, Rotimi Odusola, provided investors and analysts with an update on Guinness Nigeria’s financial performance, strategic priorities and outlook. Guinne…
…surveillance has begun restoring it,” he stated. Further benefits extend into public finance. Higher accounted-for production translates directly into increased export revenues, improved foreign exchange inflows, and strengthened fiscal capacity. National oil company performance in recent years illustrates this shift t…
…align the project with international carbon standards and make it appealing for climate finance investments. It noted that the engagement would see Climate Focus revise the project’s Project Design Document to meet the requirements of Verra’s Verified Carbon Standard. It added that the work would include applying the A…
…and other stakeholders. The fair featured discussions on Nigeria’s payment system, microfinance, foreign exchange operations, monetary policy, financial consumer protection and the proper use and protection of the naira.
…more competitive operating environment. It also identified limited access to affordable finance as a major obstacle to private-sector expansion. Private-sector credit stood at 21.3 per cent of GDP, below the 33 per cent Sub-Saharan African average and the 47 per cent average for lower-middle-income economies. PwC ident…
…with easing pressure on states and local governments, citing remarks by the Minister of Finance on the savings recorded and shared among the tiers of government. “Nobody talks about non-payment of pensions, nobody talks about non-payment of salaries. Before, for you to pay salaries, you would beg and beg the banks to g…
…investigate and arrest any individual, regardless of political affiliation, who finances, incites or equips people for political violence,” he said. He urged the youths to recognise their importance to the development of Katsina State and Nigeria, noting that their aspirations for employment, security, quality educatio…
The Federal Mortgage Bank of Nigeria published 10 reasons why NHF mortgage loan applications face delays or outright rejectionContributors who have not paid into the National Housing Fund for at least six months are automatically disqualified from accessing any loanApplicants who go directly to FMBN instead of using a …
By Babajide Komolafe Moniepoint Microfinance Bank has launched a new savings campaign in partnership with Nollywood actress and filmmaker, Funke Akindele, to encourage Nigerians to build stronger financial resilience and stay “One Step Ahead” of unexpected financial challenges. The campaign, tagged “One Step Ahead”, co…
…Onanuga, who led a Federal Government delegation to the state, defended borrowing to finance critical infrastructure. According to him, what matters is not merely borrowing but what the borrowed funds are used for. “As Nigerians, we see that the government has been accused of borrowing money. But we can also see where…
…simply stated, ‘’It’s the Commission’s statutory responsibility to monitor the campaign finance of all political parties.’’ The anti-graft agencies are expected to collaborate with the INEC in monitoring and enforcing the spending limits. The restriction on individual donations means that while a presidential candidate…
…decision by the All Progressives Congress to replace him with former Commissioner for Finance, Ibrahim Muhammad-Augie. The deputy governor described attempts to link his replacement directly to the outcome of the 2023 governorship litigation as a deliberate effort by his political opponents to damage his reputation and…
…fictitious Presidential Foreign Intervention Promotion Council scandal. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed this while briefing State House correspondents after the Federal Executive Council meeting, presided over by Tinubu at the Aso Rock Villa, Abuja, the council…
…N15.8 trillion for the Federation between June 2023 and December 2025. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed this at a media conference on Nigeria’s reform scorecard titled, “The Benefits, Costs and Harm Prevented.” Oyedele said the savings from the reforms had provi…
…in the exchange rate and the removal of subsidy-related distortions. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, disclosed this at a media conference on Nigeria’s reform scorecard, titled, “The Benefits, Costs and Harm Prevented.” The disclosure provides a fresh government explanati…
…companies to access international public markets.Banking giant bets on digital financeOPay has established a significant presence in Nigeria through mobile payments, money transfers and other financial services, benefiting from the country’s rapid shift towards digital transactions.For Standard Bank, an investment coul…
…to reduce the cost of fertiliser, seeds, machinery, diesel, transportation and access to finance for farmers. The ADC also identified insecurity as a major threat to food production, saying farmers would struggle to produce food if they could not safely access their farms, harvest their crops or transport their produce…
…The companies consuming electricity are beginning to influence which technologies get financed and built. Nigeria can apply the same principle to distributed renewable energy. Large, guaranteed electricity buyers can provide the demand certainty needed to finance generation assets. 5. Amazon is also moving deeply into…
…into profitability or strong shareholder returns, particularly where the assets are financed largely by liabilities. Negative equity raises concerns The Q2’26 balance-sheet figures also show significant differences in the financial strength of companies. Ecobank Transnational Incorporated had total equity of N3.17 tril…
…and capital market operators will gather in Lagos on September 19 and 20 for the Finance Correspondents Association of Nigeria’s (FICAN) 36th Anniversary Annual Conference. The event, themed “Building on the Gains of Recapitalisation, Tax Reform and Fintech Revolution,” will hold at Orchid Hotels, Dreamworld […] The po…
…her mother’s presence had become a source of distress and accused her of draining her finances despite years of hard work. “I want this woman out of my fucking space,” Adiele wrote, adding that her mother was refusing to leave because she had nowhere else to go. Adiele also alleged that she started paying rent at the a…