Wale Tinubu recalls how a ₦1 million Axxela investment evolved into a $300 million-plus business, highlighting patience and long-term capital in Nigeria’s energy sector.
Nigeria's cashless economy is booming as instant transfers surge to ₦572 trillion, causing a decline in POS transactions and reshaping the country's financial system.
The Nigerian Securities and Exchange Commission (SEC) is urging stakeholders in the Nigerian capital market to embrace innovation as a driver of economic growth and sustainable development. Dr. Emomotimi Agama, Director-General of the SEC, highlighted the potential of innovative financial instruments and fintech to unlock new opportunities and address socio-economic challenges. The SEC is committed to fostering a regulatory environment that encourages responsible innovation in the Nigerian capital market, focusing on sustainability and collaboration among stakeholders.
Wale Tinubu recalls how a ₦1 million Axxela investment evolved into a $300 million-plus business, highlighting patience and long-term capital in Nigeria’s energy sector.
Nigeria spent more than ₦822 billion on its digital economy ministry over six years, with sharp swings in funding and capital projects dominating allocations.