Business

Tinubu’s reforms pay off as NNPC remits N1.8tn in February

Femi Fabunmi

4 weeks ago

This is a big increase compared to the N726 billion recorded in January. The rise shows better revenue performance and…

Navy detains personnel over clash with soldiers in Bayelsa

Femi Fabunmi

4 weeks ago

President Bola Tinubu has told his economic team to find ways to reduce the effect of the ongoing Middle East…

Just in: LIRS further extends deadline for filing of individual annual income tax returns to April 21, 2026

Femi Fabunmi

4 weeks ago

Following the earlier extension granted to April 14, 2026, the Agency has observed a significant increase in traffic on its…

Otti unveils plan for 250-room five-star hotel in Umuahia

Ayorinde Oluokun

4 weeks ago

The governor listed key projects that were ongoing in Umuahia, including the proposed five-star hotel, the Umuahia Township Stadium and…

Earnings boom lifts Stock Market, adds N392bn in bullish trading

Kazeem Ugbodaga

4 weeks ago

The Nigerian equities market ended the week on a bullish note, posting a N392 billion gain as improved corporate earnings…

Obi of Onitsha endorses Flutterwave

Paul Dada

4 weeks ago

The proposed engagement, expected to take place at a major university event scheduled for January, would provide an opportunity for…

How we unlocked $10bn upstream investment – NUPRC boss Eyesan

Ayorinde Oluokun

4 weeks ago

The predictable regulatory environment reduced investment risks and supported partners to take a multi-billion-dollar Final Investment Decision,” she said.

Naira appreciates to N1,392/$ in parallel market amid rising Inflation

Femi Fabunmi

4 weeks ago

In the parallel market, the local currency rose to N1,392 per dollar, up from N1,396 per dollar recorded on Tuesday.

VAT collections fall in Q4 but show 12.8% yearly growth

Femi Fabunmi

4 weeks ago

The government has introduced reforms to improve tax collection, including new tax rules for Micro, Small, and Medium Enterprises (MSMEs)…

Nigerian Stocks soar as Market gains N390bn on FTSE Boost

Kazeem Ugbodaga

4 weeks ago

Nigeria’s equities market extended its bullish run on Wednesday, with investors gaining N390 billion amid renewed confidence following the country’s…

OPS seeks Tinubu’s intervention to halt CETA Bill over economic concerns

Kazeem Ugbodaga

4 weeks ago

The Organised Private Sector of Nigeria (OPS) has appealed to President Bola Ahmed Tinubu to intervene in the ongoing legislative…

Lagos, World Bank, FCMB drive $500m Programme to boost Education, Healthcare

Kazeem Ugbodaga

4 weeks ago

The Lagos State Government has intensified efforts to strengthen basic education and primary healthcare delivery through a $500 million reform…

Nigerian oil slides below $95 after US-Iran ceasefire deal

Femi Fabunmi

4 weeks ago

Brent crude and West Texas Intermediate (WTI) also dropped by more than 15% at the time of publication.

Power to the Consumer: Why Greener Payment Systems Depend on the Everyday Nigerian

Michael Adesina

4 weeks ago

Nigeria's digital payment landscape has shifted considerably over the past decade. Across Lagos, Port Harcourt, and Abuja, decentralized financial tools…

FCMB Links Value-chain Coordination to Improved Food Security

Kazeem Ugbodaga

4 weeks ago

Stakeholders across Nigeria’s agriculture sector called for stronger coordination across the value chain to improve productivity and food security at…

EXCLUSIVE: ₦50.7bn jackpot for Jim Ovia as Zenith rewards shareholders lavishly

Kazeem Ugbodaga

4 weeks ago

Chairman of Zenith Bank Plc, Jim Ovia, is set to pocket a staggering dividend payout of about ₦50.7 billion for…

UBA’s Chioma Mang, Michelle Nwoga shine at 2026 Guardian Women Festival

Kazeem Ugbodaga

4 weeks ago

Chief Executive Officer Africa 1, United Bank for Africa (UBA), Chioma Mang and UBA’s Group Chief Experience Officer, Michelle Nwoga,…

RTM West Africa Summit returns to Lagos, targets consumer growth and market resilience

Michael Adesina

4 weeks ago

The Route to Market (RTM) West Africa Summit is set to return in June 2026, positioning itself as a leading…

CBN introduces age limit, Phone change rules for BVN holders

Femi Fabunmi

1 month ago

This approach is designed to help banks quickly detect potential fraud while giving customers an opportunity to clarify any issues.

OPEC+ to Increase oil output, warns recovery May be slow

Femi Fabunmi

1 month ago

The group said it will raise output by 206,000 barrels per day. However, this increase may not have much real…

Finance Minister praises NUPRC as daily oil production hits 1.84m

Ayorinde Oluokun

1 month ago

The finance minister described the war in the Middle East as unfortunate but said President Bola Tinubu had mandated an…

Flutterwave secures banking licence, hits $40bn payments

Paul Dada

1 month ago

What began as a payment gateway designed to simplify cross-border transactions has evolved into one of the continent’s most prominent…

Oyo, FCMB, Mastercard Foundation disburse ₦1.5 billion to Youth Farmers

Kazeem Ugbodaga

1 month ago

Oyo State Government and First City Monument Bank (FCMB) have supported 1,000 young agripreneurs to boost food production and support…

MSME Awards: FG launches ₦1 billion grant scheme for small businesses

Femi Fabunmi

1 month ago

The Federal Government says it will give out more than ₦1 billion to support small businesses in Nigeria through the…

HOC Capital Club, Cersei Partners launch global citizenship advocacy body

Michael Adesina

1 month ago

HOC Capital Club, in partnership with Cersei Partners, has launched a new global advocacy platform aimed at redefining citizenship and…

Transcorp Hotels appoints Muyiwa Akinyemi to board of directors

Michael Adesina

1 month ago

Transcorp Hotels Plc, the hospitality arm of Transnational Corporation Plc (Transcorp), has announced the appointment of Mr. Muyiwa Akinyemi as…

33 Banks meet targets as CBN concludes ₦4.65trn Recapitalisation Drive

Kazeem Ugbodaga

1 month ago

The Central Bank of Nigeria (CBN) has concluded its sweeping banking sector recapitalisation programme, with lenders raising ₦4.65 trillion in…

Cybersecurity: Nigerian banks face tight CBN deadline

Femi Fabunmi

1 month ago

The Central Bank of Nigeria (CBN) has issued a strict directive to banks and other financial institutions, requiring them to…

Nigerian Banks raise N4.65trn new capital as CBN concludes recapitalisation programme

Ayorinde Oluokun

1 month ago

CBN said 72.55 per cent of capital was sourced locally and 27.45 per cent from international markets, a development it…

Oracle layoffs impact 12,000 in India

Isa Isawade

1 month ago

Oracle’s senior leadership reportedly began notifying affected staff via email around 6 AM on March 31, communicating the company's decision.

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