The United Bank for Africa (UBA) Plc has unveiled a new white paper focused on driving sustainable growth and economic transformation across the continent with a target to unlock $4 trillion of domestic capital, among others. The document, 'Banking on Africa’s Future: Unlocking Capital and Partnerships for Sustainable Growth,' was unveiled on the sidelines of …
To address funding gaps for the over 40 million small businesses, the Securities and Exchange Commission (SEC) said it has signed a Memorandum of Understanding (MoU) with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to improve access to long-term financing for small and medium enterprises (SMEs) through the Nigerian capital market. The …
Award-winning investigative journalist and Editor-in-Chief/COO of Premium Times, Musikilu Mojeed, has said that “great content is the key to survival in the media business.” He stated this during a lively panel session at Pinnacle Daily’s flagship lunch held in Abuja today. The event, themed “The Economics of Media Business: Understanding Revenue Models and Profitability”, explored …
Nigeria's leaders remain focused on macroeconomic stability, fiscal discipline, and a strong growth trajectory as the nation prepares for a 7% GDP growth target by 2027. The Nigeria Investors Forum, held on the sidelines of the IMF-World Bank 2025 Annual Meetings in Washington, DC, offered a key opportunity for Nigeria’s officials to update investors on …
Domino’s Pizza has outperformed Wall Street expectations in its third-quarter results, riding a wave of value-driven promotions and new menu offerings as budget-conscious Americans search for affordable meal options amid stubborn inflation. The world’s largest pizza chain reported a 5.2% increase in U.S. same-store sales, surpassing analysts’ forecasts of 4%, according to data from LSEG. …
A renowned economist, Muda Yusuf, has said that Nigeria could sustain the declining inflation rate to make a positive impact on the masses. Yusuf, who is the Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), shared his view in a statement on Wednesday, October 15, following the release of the …
Nigeria’s headline inflation rate eased further to 18.02 per cent in September. The National Bureau of Statistics (NBS) announced this in its latest monthly Consumer Price Index (CPI) report released on Wednesday, October 15. The CPI report shows that headline inflation dropped to 18.02 per cent year-on-year in September from 20.12 per cent in August. …
Presidential pardons should attract commendation and relief because they exist to correct miscarriages of justice, where wrongful convictions, weak investigations, or biased judgements rob innocent citizens of their freedom. In contrast, President Bola Ahmed Tinubu’s recent mass pardon of 175 convicts has ignited controversy and raised questions about the moral and political intent behind the …
The Federal Competition and Consumer Protection Commission (FCCPC) has described the Central Bank of Nigeria (CBN) policy to ensure banks refund customers for failed automated teller machine (ATM) transactions within 48 hours as timely and long-awaited. In a statement on Monday, October 13, the commission vowed to work closely with the CBN to enforce compliance …
The Nigerian Education Loan Fund (NELFUND) has disclosed that 203 tertiary institutions across the country failed to upload students’ data into the Student Loan Application System (SLAS) for the 2024/2025 loan cycle — a development that could jeopardize access to the scheme for thousands of students. In a statement, Oseyemi Oluwatuyi, Director of Strategic Communications …
