Hope Moses-Ashike

1 day ago | businessday.ng | Hope Moses-Ashike

…as industry sector tops confidence index for next six monthsIn May 2025, Nigerian firms across all sectors demonstrated a strong sense of optimism regarding the state of the macroeconomy, according to the Central Bank of Nigeria (CBN). Among the sectors, agriculture recorded the highest confidence levels during the review month, reflecting growing faith in its stability and performance.

2 days ago | businessday.ng | Hope Moses-Ashike

Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, on Thursday, published the most comprehensive and up-to-date picture of Africa’s investable capital landscape, revealing over $4 trillion of domestic savings in banking assets, institutional funds and reserves.

2 days ago | businessday.ng | Hope Moses-Ashike

The naira maintained its recent trend of stability on Thursday as the foreign exchange (FX) market concluded the week’s four trading sessions at N1,553.11 per US dollar at the Nigerian Foreign Exchange Market (NFEM) window. By the close of trading on Thursday, the naira appreciated by N12.35 to settle at N1,553.11, marking a gain of 0.8 percent compared to the N1,565.46 recorded on Wednesday, according to data released by the Central Bank of Nigeria (CBN).

2 days ago | businessday.ng | Hope Moses-Ashike

Africa is experiencing significant losses, estimated at around $40 billion annually, due to illicit financial flows (IFFs) in the extractive sector, according to Antonio Pedro, deputy executive secretary of the Economic Commission for Africa (ECA). Such financial losses not only hinder developmental progress but also exacerbate economic injustices, depriving African populations of access to essential resources and underscoring the connection between IFFs and the pursuit of reparatory justice.

2 days ago | businessday.ng | Hope Moses-Ashike

As part of its continued effort to support the growth and sustainability of Nigerian enterprises, Hydrogen Payment Services Company Limited joined forces with Ikeja Local Government Area and the Office of the Medical Officer of Health to deliver the impactful “Healthy Heart, Healthy Business” outreach held recently at the Ikeja Local Government Secretariat.