Business

Lagos generates N1.7 trillion IGR in 2025 – Sanwo-Olu

Kazeem Ugbodaga

3 hours ago

Lagos State generated over N1.7 trillion in internally generated revenue (IGR) in 2025, reinforcing its position as Nigeria’s leading sub-national…

Anambra, Flutterwave partner over digital economy expansion

Paul Dada

6 hours ago

He also extended an invitation to members of the Anambra diaspora, encouraging them to tap into the state’s expanding digital…

Stock Market Gains N88bn as Select Stocks Drive Marginal Upswing

Kazeem Ugbodaga

22 hours ago

The Nigerian equities market extended its positive run on Tuesday, posting modest gains as renewed investor interest in select stocks…

Experts push reform to strengthen Nigerian stock market

Femi Fabunmi

1 day ago

Financial experts are calling on the Nigerian Exchange Limited (NGX) and regulators to increase the minimum free float requirement for…

CBN, NCC launch joint offensive against SIM-linked fraud

Paul Dada

1 day ago

Speaking at the signing, CBN Governor Olayemi Cardoso described the pact as a decisive move in the national interest, stressing…

Banking Stocks power Market as NGX gains N609bn in Rally

Kazeem Ugbodaga

2 days ago

The Nigerian stock market began the week on a positive note, gaining N609 billion in value as banking and other…

Nigeria exports Millions of Barrels while its top Refinery starves for Oil

Kazeem Ugbodaga

2 days ago

Nigeria is currently caught in a strange paradox where the country is shipping massive amounts of crude oil abroad while…

Dangote Sugar moves to raise N500bn in Mega Rights Issue

Kazeem Ugbodaga

2 days ago

Dangote Sugar Refinery Plc has unveiled plans to raise up to N500 billion through a Rights Issue, following shareholder approval…

CBN admits inflation jumped but says worse was avoided

Kazeem Ugbodaga

2 days ago

The Central Bank of Nigeria (CBN) has pushed back against concerns over a sudden rise in inflation, arguing that its…

FX: Naira rallies to N1,348/$ as dollar wobbles

Femi Fabunmi

2 days ago

The Nigerian naira has continued to gain strength against the US dollar after its recent rise. Earlier this month, the…

CPPE urges targeted tariffs to boost refining, mobility, renewables

Ayorinde Oluokun

3 days ago

Measures include revisions to Import Adjustment Tax across 192 tariff lines, selective import restrictions, lower tariffs on inputs, excise adjustments,…

How we are quietly redefining financial access at the grassroots – Mywurah

Michael Adesina

3 days ago

A Nigerian fintech platform, Mywurah, has said it is driving a quiet transformation in grassroots financial access by focusing on…

Full List: Items You can no longer Import into Nigeria

Femi Fabunmi

3 days ago

The Federal Government has rolled out a revised import restriction policy targeting goods from countries outside the Economic Community of…

Millions of records affected as CAC suspends portal operations

Femi Fabunmi

4 days 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

4 days 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

4 days 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

4 days 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

4 days 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

5 days 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

5 days 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

5 days 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

5 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

6 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

6 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

6 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

6 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

1 week 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

1 week 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

1 week 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

1 week ago

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

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