Business

Millions of records affected as CAC suspends portal operations

Femi Fabunmi

5 hours ago

CAC reassured the public that protecting users’ data remains a top priority. It urged stakeholders to remain calm and patient…

$1.18b Sandesara resolution among India’s largest, seen as ‘win-win’ for banks and government

Michael Adesina

8 hours ago

At a hearing on April 2, 2026, a Supreme Court bench comprising Justices J.K. Maheshwari and Vijay Bishnoi directed the…

New dawn for investors as NGX extends market hours to 4:00 p.m

Femi Fabunmi

10 hours ago

The Nigerian Exchange Limited (NGX) has announced an extension of its daily trading hours, moving closing time to 4:00 p.m.…

Mixed Signals: Naira rises while Nigeria’s FX reserves decline

Femi Fabunmi

10 hours ago

The Nigerian naira gained value on Friday, closing at N1,342.5 per dollar, stronger than the N1,355.25/$ recorded the previous week.

FCCPC counters telecom operators on airtime, data lending services

Ayorinde Oluokun

16 hours ago

FCCPC said in a statement by Mr Ondaje Ijagwu, its Director, Corporate Affairs that no directive was issued preventing consumers…

Naira crashes suddenly ending impressive two-week winning streak

Kazeem Ugbodaga

23 hours ago

The Nigerian naira closed the trading week on a slightly weaker note at the official foreign exchange market, shedding a…

FirstBank, Ekiti Govt Partner to Launch Innovation Enterprise Support Fund

Kazeem Ugbodaga

1 day ago

FirstBank has partnered with the Ekiti State Government to launch the Innovation Enterprise Support Fund, an initiative aimed at empowering…

Emefiele: Court fixes May 4 for ruling on admissibility of statement

Isa Isawade

1 day ago

Emefiele is standing trial on a 19-count charge bordering on alleged gratification, corrupt demands, and abuse of office linked to…

Nigeria has no immediate need for IMF assistance – Edun

Paul Dada

2 days ago

Edun reaffirmed that the country would continue to rely on internal policy measures rather than seek multilateral lending support at…

Why we suspended airtime, data lending services – MTN Nigeria

Ayorinde Oluokun

2 days ago

MTN also noted that the temporary halt was not expected to significantly impact its earnings.

Akindele Liasu divests Dubai business to fund payment identity startup, Keepaza

Michael Adesina

2 days ago

A Nigerian entrepreneur, Akindele Liasu, has sold part of his Dubai-based business operations to finance Keepaza, a payment identity platform…

5 Best Websites to Pay Electricity Bills Online in Nigeria

Kazeem Ugbodaga

2 days ago

Searching for the best website to pay your electricity bills online? Read this guide to discover the top 5 websites…

Lagos Debt Soars to ₦2.9trn, Towers over other States’ Borrowing

Kazeem Ugbodaga

2 days ago

Lagos State’s total debt profile has risen to approximately ₦2.9 trillion after combining its domestic and external obligations, reinforcing its…

Rising costs reshape poultry Industry as farmers opt for homemade feed

Femi Fabunmi

3 days ago

Nigerian poultry farmers are now making their own animal feed instead of buying from companies. They are doing this to…

Nigeria’s Inflation climbs to 15.38% as price pressures resurface

Femi Fabunmi

3 days ago

Nigeria’s inflation rate increased to 15.38% in March 2026, up from 15.06% in February. This was reported by the National…

BREAKING: Price surge returns as Nigeria’s Inflation Hits 15.38% in March

Kazeem Ugbodaga

3 days ago

Nigeria’s headline inflation rate rose to 15.38 per cent in March 2026, up from 15.06 per cent recorded in February,…

Nigeria’s debt hits ₦159.28trn as Domestic borrowing surges sharply

Kazeem Ugbodaga

3 days ago

Nigeria’s total public debt rose to $110.97 billion as of December 31, 2025, reflecting sustained borrowing by both the Federal…

How Startups Use Virtual Numbers to Test New Markets Before Committing

Ayorinde Oluokun

4 days ago

The virtual number is your beachhead. It gives you a local presence that customers can interact with, a channel for…

IMF endorses Nigeria’s bank recapitalisation, calls for stronger fiscal buffers

Ayorinde Oluokun

4 days ago

Adrian said that building a well-capitalised banking sector remained essential to sustaining global financial stability, particularly as economies confront persistent…

AFAN warns farmers against rivalry, urges unity for progress nationwide

Kazeem Ugbodaga

4 days ago

The Deputy National President (Operations) of the All Farmers Association of Nigeria (AFAN), Asuquo Asuquo, has cautioned members against unhealthy…

Lagos reaffirms commitment to Women-led Economic Growth

Kazeem Ugbodaga

4 days ago

The Lagos State Government has reiterated its resolve to place women at the forefront of its economic development agenda, positioning…

FCMB taps Cultural Economy to Drive Inclusion at 2026 Ibadan Festival

Kazeem Ugbodaga

4 days ago

First City Monument Bank (FCMB) is positioning culture as an economic engine, leveraging platforms such as the Ibadan Cultural Festival…

Fuel, shipping costs push Nigeria’s growth outlook lower – IMF

Femi Fabunmi

4 days ago

The International Monetary Fund (IMF) has reduced Nigeria’s economic growth forecast for 2026. It now expects the economy to grow…

Guinness Nigeria records ₦10.39bn profit, announces ₦2 interim dividend

Kazeem Ugbodaga

4 days ago

Guinness Nigeria Plc has announced an interim dividend of ₦2.00 per ordinary share for the quarter ended March 31, 2026,…

Currency Watch: Naira shows stability across official window

Femi Fabunmi

4 days ago

The Nigerian naira showed a slight improvement in value in early trading on Tuesday, April 14, 2026. This change was…

Top leaders, investors set for 2026 100 Most Notable Africans Summit in Marrakech

Michael Adesina

4 days ago

The organizers of the prestigious 100 Most Notable Africans Leadership and Business Summit 2026 have officially announced a new date…

Nigeria better positioned for growth amid global pressures – Edun

Paul Dada

5 days ago

The minister said that the higher crude oil prices, with Bonny Light exceeding 110 dollars per barrel, presented opportunities to…

MTN, GAIA Africa push collective growth Agenda for Women in Business

Kazeem Ugbodaga

5 days ago

In a bid to deepen leadership capacity and expand economic opportunities for women, MTN Nigeria has partnered with GAIA Africa…

NAFDAC considers Indigenous Pharma Tech as Symmex unveils Huraflow-MES

Kazeem Ugbodaga

5 days ago

Nigeria may be on the brink of a major shift in pharmaceutical manufacturing regulation and innovation, following the demonstration of…

Edun takes Nigeria’s case to IMF over inflation pressures

Femi Fabunmi

5 days ago

Nigeria’s Minister of Finance, Wale Edun, is calling for international support as the country deals with rising inflation and economic…

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