Business

CBN issues strong warning against naira abuse

Paul Dada

2 months ago

She assured the stakeholders of the apex bank’s dedication to maintaining economic stability and strengthening structural reforms.

Coscharis boss Maduka expresses regret over Flutterwave

Paul Dada

2 months ago

Furthermore, Maduka used his personal story to reinforce his message of resilience and patriotism.

Nigerian stock market soars as investors gain N1.8tn in one day

Femi Fabunmi

2 months ago

Deap Capital Management had the highest trading volume, with 283.12 million shares exchanged, making up 21.73 percent of the total…

Ecobank Nigeria launches new Business App for SMEs

Kazeem Ugbodaga

2 months ago

Ecobank Nigeria has launched the Ecobank Business App, a new digital banking platform designed to strengthen the growth and sustainability…

22,000 farmers to benefit from FG’s interest-free loans

Isa Isawade

2 months ago

The Federal Government, through the National Social Investment Programme Agency (NSIPA), says no fewer than 22,000 farmers will benefit from…

NiMet alert: Experts urges farmers to adopt irrigated farming

Isa Isawade

2 months ago

To strategise against imminent inconsistency in rainfall as predicted by the Nigerian Meteorological Agency’s (NiMet), two agriculture experts have urged…

LASG hands over 180 shops at Alaba Market

Isa Isawade

2 months ago

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

Femi Fabunmi

2 months ago

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

Isa Isawade

2 months ago

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

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

Isa Isawade

2 months ago

A 22-year-old loan officer, Olamide Busari, was on Wednesday docked in an Ota Magistrates' Court in Ogun for allegedly stealing…

Naira appreciates further against dollar

Ayorinde Oluokun

2 months ago

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

CBN approves BDCs’ participation in foreign exchange market

Ayorinde Oluokun

2 months ago

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

Dangote Refinery sparks market war, slashes Petrol price again

Kazeem Ugbodaga

2 months ago

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

CAC offers free registration for 3,500 small businesses

Paul Dada

2 months ago

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

Federation Account swells to ₦35 trillion as reforms boost revenue

Kazeem Ugbodaga

2 months ago

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

Naira dominates Dollar in stunning rebound

Kazeem Ugbodaga

2 months ago

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

Femi Fabunmi

2 months ago

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

Naira wobbles at Official Market, ends Week slightly down

Kazeem Ugbodaga

2 months ago

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

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

Kazeem Ugbodaga

2 months ago

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

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

Kazeem Ugbodaga

2 months ago

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

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

Michael Adesina

2 months ago

Transcorp Power Plc has posted a 30 per cent year-on-year increase in revenue, reaching ₦398.27 billion for the financial year…

Edo, NNPC partner to establish 10,000bpd refinery

Ayorinde Oluokun

2 months ago

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

Femi Fabunmi

2 months ago

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

Lafarge Africa moves to boost Cement output with major Plant Expansions

Kazeem Ugbodaga

2 months ago

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

Cape Town Convention signing will drive Aviation Growth – Dare Osamo

Kazeem Ugbodaga

2 months ago

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

We don’t import refined petroleum products – Dangote

Isa Isawade

2 months ago

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

Flutterwave’s NYSE moment ignites global praise for Nigerian innovation

Paul Dada

2 months ago

In an era hungry for positive narratives, the company’s rise offers a compelling reminder that Nigeria’s most transformative headlines are…

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

Femi Fabunmi

2 months ago

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

What is eKYC?

Isa Isawade

2 months ago

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

Michael Adesina

2 months ago

In this interview, the Group Chief Commercial Officer Rahul Sawlani reflects on a journey defined by resilience, adaptation, and the…

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