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Business

Sanwo-Olu

LASG hands over 180 shops at Alaba Market

The Lagos State Government has begun handing over of 180 newly completed shops at the Alaba Rago Transnational Market as…

FG orders NAFDAC to unban sale, consumption of sachet alcohol

The Federal Government has directed the National Agency for Food and Drug Administration and Control (NAFDAC) to immediately stop enforcing…

Car dealer arraigned over alleged N28m fraud

A 40-year-old car dealer, Lawrence Komolafe, on Wednesday appeared before an Iyaganku Magistrates’ Court in Ibadan for allegedly obtaining two…
Magistrates' Court

22-yr-old loan officer docked for allegedly stealing N3.8m from employer

A 22-year-old loan officer, Olamide Busari, was on Wednesday docked in an Ota Magistrates' Court in Ogun for allegedly stealing…
Naira strengthens further at official FX market

Naira appreciates further against dollar

Market watchers also expect movements of the Naira to remain gradual in the near term, as authorities balance reforms with…
CBN

CBN approves BDCs’ participation in foreign exchange market

The CBN, however, imposed strict compliance and risk-management conditions on the transactions.
Petrol

Dangote Refinery sparks market war, slashes Petrol price again 

The move reverses part of an earlier increase in January 2026, when the refinery hiked the gantry price to N799…
CAC

CAC offers free registration for 3,500 small businesses

“This initiative is designed to reduce the cost of formalising businesses for micro and small enterprises and to encourage more…
Federation Account

Federation Account swells to ₦35 trillion as reforms boost revenue

Also speaking, the Minister of State for Finance, Doris Uzoka-Anite, through the Director of Home Finance, Ali Mohammed, assured participants…
Naira

Naira dominates Dollar in stunning rebound

The Naira has been on a gradual upward trajectory in recent weeks, breaking below the psychologically significant N1,400 mark earlier…

CBN sounds alarm over Nigeria’s foreign-dependent fintech

The CBN said its focus on domestic funding, regulatory updates, and innovation infrastructure aims to make Nigeria not only a…
Naira

Naira wobbles at Official Market, ends Week slightly down

Despite the marginal loss at the close of the week, the naira maintained relative stability, supported by recent foreign exchange…
Stock Market

Stock Market breaks ₦110trn barrier as Investors gain ₦1.1trn

On the losers’ side, The Initiates led the decline, shedding 9.74 per cent to close at ₦19.45. Daar Communications dropped…
Jidex

Jidex speaks on Creator’s Approach to Legitimate Income at African Summit

The summit hosted a wide range of creators and creative businesses, including Abiri Tobi Festus (Folagade Banks), Ify’s Kitchen, Nons…
Transcorp Power Plc

Transcorp Power records 30% year-on-year revenue growth

Transcorp Power Plc has posted a 30 per cent year-on-year increase in revenue, reaching ₦398.27 billion for the financial year…
Okpebholo told students that his administration has zero tolerance for corruption and has made stringent laws against cultism in Edo.

Edo, NNPC partner to establish 10,000bpd refinery

Once operational, it is expected to produce approximately 20 truckloads of Premium Motor Spirit (PMS) and 10 truckloads of Automotive…

Inside Nigeria’s Cement Industry: How market power keeps prices high

long-term solution, Agora Policy recommended strengthening domestic competition through stricter antitrust enforcement, removal of exclusive mining rights, separation of production…
Lafarge

Lafarge Africa moves to boost Cement output with major Plant Expansions

The company said the increased capacity would improve product availability and enable it to serve customers more efficiently across key…
Osamo

Cape Town Convention signing will drive Aviation Growth – Dare Osamo

Osamo added that an expansion in airline fleets would have far-reaching economic implications, driving demand for aircraft parts, maintenance services,…
Dangote Refinery

We don’t import refined petroleum products – Dangote

Dangote Refinery says it does not import refined petroleum products into Nigeria, insisting that all petrol and other fuels sold…
Flutterwave

Flutterwave’s NYSE moment ignites global praise for Nigerian innovation

In an era hungry for positive narratives, the company’s rise offers a compelling reminder that Nigeria’s most transformative headlines are…
Global economy improves in spite uncertainty – IMF

IMF: Nigeria to become Africa’s third-largest economy in 2026

However, the IMF projects that Nigeria’s economy will grow strongly in 2026. Nigeria’s gross domestic product (GDP) is expected to…
eKYC

What is eKYC?

As companies increasingly adopt advanced KYC solutions to meet regulatory standards, the shift from traditional, in-person verification to electronic Know…

Building Africa from Within: How Moneda Is Rewriting SME Financing – Rahul Sawlani

In this interview, the Group Chief Commercial Officer Rahul Sawlani reflects on a journey defined by resilience, adaptation, and the…
Lokpobiri said Nigeria's petroleum sector has been repositioned as a globally competitive and investment-ready destination under Tinubu

FG cleared 28 new oil field plans worth $18.2bn in 2025

According to Lokpobiri, the transformation of the sector under Tinubu’s administration marked a decisive break from years of declining production,…
Abiodun commends Tinubu, endorses President’s second term

Ogun hits ₦250bn Revenue Milestone at 50, Abiodun declares

According to him, political stability, inclusive governance, and religious tolerance have helped create a peaceful environment attractive to investors, while…
CBN

CBN raises red flag over fintech boom, warns of stability risks

The report further revealed that 62.5 per cent of surveyed fintech firms operate or plan to expand into other African…
Stock Market

Investors gain ₦9bn as Stock Market opens Week on Positive note

Despite the positive headline performance, market breadth closed negative, with 44 stocks declining against 30 gainers, indicating that losses were…
First HoldCo

First HoldCo grows Gross Earnings to ₦3.4 Trillion despite impairments

The group explained that the spike in impairments followed a conscious decision to accelerate balance sheet clean-up and adopt more…
NPA

Fuel, commodities flow into Lagos as 20 ships offload

NPA explained that the ships were discharging petrol, diesel, crude oil, buck wheat,  general cargo, containers, bulk gas, fresh fish,…
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