The coming storm: How a global private credit meltdown could cripple Nigeria’s economy
“A government that borrows too much risks losing control of its destiny.” — Lee Kuan Yew The global private credit market has expanded at a breathtaki
Business
All the recent business news in Nigeria, economy and industry updates.
Nigeria’s money supply falls to N123.15trn
Nigeria’s broad money supply (M3) declined slightly to N123.15 trillion in February 2026, down from N123.36 trillion recorded in January, according to
FCMB Capital leads FMDQ with N1.53trn in 2025 debt deals
FCMB Capital Markets Limited, the investment banking arm of FCMB Group Plc, raised N1.53 trillion in corporate debt capital through bond listings and
IFC to inject $30bn annually to strengthen MSMEs
The International Finance Corporation (IFC) has proposed to inject between $25 billion and $30 billion annually in financing aimed at bridging the cre
NSIA grows income to N478bn
The Nigeria Sovereign Investment Authority (NSIA) has revealed that it recorded its highest core earnings since its inception, announcing a core total