- Sterling Financial Bolsters Earnings, Grows Profit by 37% to N97.28bn
- South African Rand Steadies as Investors Digest Fed Rates Decision
- Nigeria’s 20-Year US Dollar Bond Yield Falls to 8.50%
- UK, Nigeria Seek Investment in Small Hydropower Projects
- Fidelity Bank Redeems $400 Million Eurobond at Maturity
- Oil Prices Ease on Hope of Fresh US-Iran Talks, Brent Dips to $110
- Excess Liquidity in Banking System Eases to N8.6trn, Rates Diverge
- Naira Sustains Rally as Interbank FX Turnover, Deal Counts Dip
News
Sterling Financial Holdings Company PLC has announced its unaudited results for the nine months ended 30 September 2026, reporting strong earnings growth, balance sheet expansion and a stronger equity base.
The South African rand traded steady on Thursday as global investors began digesting the US Federal Reserve’s decision to hold the fed funds rate unchanged at its committee meeting.
Yields on Nigeria’s sovereign US dollar bonds slipped across the short, belly, and long ends of the curve as foreign portfolio investors and asset managers returned to international markets and piled into oil-linked issuers.
Global equities markets ease on AI, technology stock valuation concerns, and renewed Middle East escalation, which dampened investors’ appetite.
Fitch Ratings has affirmed Infrastructure Credit Guarantee Company PLC’s (InfraCredit) Insurer Financial Strength (IFS) Rating at ‘BB-‘ and National IFS Rating at ‘AAA(nga)’.
Minister of Works, Dave Umahi, has issued a 72-hour ultimatum to contractors handling the Abuja-Lokoja road to fully mobilise to site and utilise funds already released by the Federal Government.
TikTok says it removed more than four million videos and interrupted over 86,000 LIVE sessions in Nigeria in the fourth quarter of 2025 as part of efforts to strengthen safety and integrity on the platform.
Moody’s Ratings has today affirmed Bank of Industry Limited’s (BOI) long-term issuer ratings and long-term corporate family rating at B3.
Standard Bank Group has reaffirmed its commitment to support the growth of Dangote Industries Limited, pledging backing for the planned listing of the Dangote Petroleum Refinery while expressing readiness to finance future expansion projects across the continent.