Business

Senate passes massive ₦68.3 trillion budget amid rising debt concerns

Kazeem Ugbodaga

8 hours ago

Nigeria’s upper legislative chamber, the Senate, on Tuesday passed the 2026 Appropriation Bill, significantly increasing the proposed national budget amid…

FCMB Capital Markets tops FMDQ Rankings with ₦1.53 trillion deals

Kazeem Ugbodaga

13 hours ago

Also commenting, Ikechukwu Omeruah, Chief Executive Officer of FCMB Capital Markets Limited, said the firm remains committed to supporting corporates…

LIRS extends tax filing deadline to April 14

Femi Fabunmi

18 hours ago

Meanwhile, Nigeria’s tax system is undergoing significant reforms at the federal level, with the introduction of new laws such as…

U.S. Vs Iran: Market survey shows sharp increase in food prices

Femi Fabunmi

2 days ago

Another seller said they are struggling to balance making profit and keeping prices affordable.

45 student-led startups get N50m each as FG unveils S-VCG

Ayorinde Oluokun

2 days ago

Administered through the Federal Ministry of Education, the S-VCG is designed to identify, nurture and fund student-led startups with the…

NCC directs telecom operators to compensate subscribers for poor service

Ayorinde Oluokun

2 days ago

The compensation will be provided in the form of airtime credits, calculated based on subscribers’ average spending patterns and their…

Egg scarcity looms nationwide as prices rise to ₦8,500 per crate

Femi Fabunmi

2 days ago

Nigeria is experiencing another increase in egg prices, with a crate now selling for as much as ₦8,500 in some…

How FirstBank is Redefining Sustainability in Nigeria

Kazeem Ugbodaga

3 days ago

When we think of banking, we rarely imagine forests, solar panels, or braille-equipped ATMs. Yet, FirstBank of Nigeria is proving…

Report names Lagos best state for doing business

Femi Fabunmi

3 days ago

Report names Lagos best state for doing business

Sanwo-Olu inaugurates Irele Tower, boosting LFZ investment drive

Kazeem Ugbodaga

4 days ago

Managing Director and Chief Executive Officer of Lagos Free Zone, Adesuwa Ladoja, said the project reflects the zone’s commitment to…

Transcorp Energy, Renewvia Solar partner to drive clean energy access across Africa

Michael Adesina

4 days ago

In a major move to tackle the continent's power deficit, Transcorp Energy Limited and Renewvia Solar Nigeria Limited have officially…

Oceangate Engineering to appeal court’s ruling on asset forfeiture

Isa Isawade

5 days ago

Onyeaso said the company views the ruling as a civil asset forfeiture order based on suspicion rather than proof. She…

DealMakers AFRICA honours top M&A deals, advisers in West Africa

Kazeem Ugbodaga

6 days ago

Leading mergers and acquisitions (M&A) transactions and advisory firms across West Africa were recognised at the DealMakers AFRICA Annual Gala…

Oceangate Engineering Oil & Gas LTD to appeal Federal High ruling over forfeiture assets

Michael Adesina

6 days ago

Oceangate Engineering Oil & Gas Limited has said it will appeal to the recent ruling of the Federal High Court…

Investors gain N141 billion as stock market sustains upward momentum

Kazeem Ugbodaga

6 days ago

On the gainers’ table, Legend Internet led with a 10 per cent increase to close at N7.26 per share. Premier…

Forex market tension grows as Naira slips to N1,383/$

Femi Fabunmi

7 days ago

The naira weakened slightly to N1,383.5 per dollar on Tuesday, down from N1,383 per dollar recorded on Monday, as pressure…

Court orders final forfeiture of $13m linked to Aisha Achimugu in CBN’s account

Isa Isawade

7 days ago

He said, “Hence, describing the company as ‘a professional oll and gas consortium, operating in diverse sectors of the oil…

Investors gain big as market recoups losses, gains N1.09trn

Ayorinde Oluokun

1 week ago

Airtel Africa, John Holt, Legend Internet and Consolidated Hallmark Holdings led the gainers’ chart by 10 per cent each, settling…

Erratic Power: Government steps In to tackle gas crisis

Femi Fabunmi

1 week ago

However, some people are worried this could increase Nigeria’s public debt. Also, some power companies disagree with the reported debt…

Cocoa tops list as Nigeria expands non-oil export earnings

Femi Fabunmi

1 week ago

Soya bean exports dropped sharply in 2025. This is likely due to lower production in Nigeria and strong competition from…

CBN affirms commitment to inflation targeting monetary policy

Ayorinde Oluokun

1 week ago

The deputy governor said that the transition to an inflation-targeting framework marked a significant shift toward a transparent, forward-looking, and…

Tony Elumelu foundation gives $16 million to African entrepreneurs

Femi Fabunmi

1 week ago

These partnerships help expand opportunities and reduce Africa’s dependence on foreign aid.

How Nigeria earned $31.54 billion from crude oil exports in 2025

Femi Fabunmi

1 week ago

Gas exports and local refining helped support total exports, but rising imports and external payments reduced overall gains.

Farmers lament as cocoa prices fall sharply across Nigeria

Femi Fabunmi

1 week ago

Cocoa farmers in Ondo, Osun, and Ekiti states are struggling after cocoa prices dropped sharply. Many say they are now…

13th Global Awards: Nigeria’s CBN scoops Central Bank of the year title

Femi Fabunmi

1 week ago

Although progress has been made, the CBN says challenges still remain, such as maintaining low inflation and completing banking reforms.

Africa’s next chapter: when growth meets responsibility in betting market

Michael Adesina

1 week ago

Before thinking about limits, penalties, or warnings, it makes sense to begin with recognition. That is the thinking behind the…

Tony Elumelu Foundation disburses $100m to young African entrepreneurs

Ayorinde Oluokun

2 weeks ago

According to TEF, past beneficiaries of the programme have gone on to create incredible impact the continent, including generating 4.2…

NSC orders immediate suspension of new shipping tariffs

Ayorinde Oluokun

2 weeks ago

According to the council, the engagements responded to concerns about the timing, structure, and potential impact of the tariffs on…

Chain Reactions wins Global PR Award for Tinubu’s Reform Campaign

Kazeem Ugbodaga

2 weeks ago

The campaign, executed in collaboration with the Presidential Media and Communications Team to mark Tinubu’s second year in office, stood…

UBA, BII move to bridge $80bn Trade Finance gap in Africa

Kazeem Ugbodaga

2 weeks ago

Under the proposed collaboration, UBA UK, London subsidiary of United Bank for Africa, will leverage its extensive footprint across 20…

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