As part of efforts to promote SMEs and strengthen support for operators in the informal sector, Unity Bank has continued to empower small-scale traders and shop owners across Nigeria through its initiative called Shop Collateralised Facility, SHOCOF. SHOCOF is an innovative loan product, and Unity Bank has disbursed over N500 […]
Other News
Nigeria’s Upstream Reform Program Captures 40% of Africa’s FID Activity After a Decade on the Margins
A government three-year review documents how executive action under President Tinubu reversed a decade of upstream decline May 8, 2026/AEC Nigeria has gone from capturing 4% of Africa’s upstream final investment decisions (FIDs) to commanding 40% in two years, according to Nigeria’s Energy Sector Reforms 2023-2026: A Three-Year Review, published by […]
NGXASI Advance +2.10% on Gains in Blue Chips
The NGXASI advanced by 2.10% to close at 244,775.83 pts, as buy pressure in DANGCEM (+10.00%), FIRSTHOLDCO (+9.98%) and BUACEMENT(+6.71%) drove the domestic bourse into the positive region. In the fixed income space, the Treasury Bills secondary market traded on a tepid note, driven by the weak buy sentiment observed […]
