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Business

UBA

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

Under the proposed collaboration, UBA UK, London subsidiary of United Bank for Africa, will leverage its extensive footprint across 20…
.NESREA seals Bond Chemicals Industries Limited in Oyo State over violations of national environmental regulations

NESREA seals Oyo firm over environmental violations

NESREA said the company was discharging untreated wastewater with offensive odour directly into the environment, in contravention of applicable environmental…
MTN

MTN Foundation, BOI unveil ₦1bn fund to power Women entrepreneurs nationwide

“At the MTN Foundation, we have moved far beyond the era of viewing women’s empowerment as ‘social good’ or a…
IUX

IUX rolls out ‘Your Edge, Optimized’ in major 2026 Market push

Among the key milestones is the company’s 10-year anniversary celebration, which will commemorate its transition from a boutique brokerage into…

NGX rallies as investors pocket N1.76tn in shortened trading week

The top gainers for the week were John Holt, BUA Cement, Premier Paints, Zenith Bank and Learn Africa, which appreciated…
CBN concludes banking sector recapitalisation as operators raise N4.65trn

CBN sets age limit, One-time phone change in new BVN rules

Financial institutions are also required to create a temporary watchlist for BVNs linked to suspicious transactions. Such BVNs can remain…
U.S.

Outrage as US introduces $15,000 visa bond for Nigerians

However, U.S. officials argue that it will help reduce the cost of deporting people who overstay, which can cost more…
Woman docked for failing to return money mistakenly sent to her account

Otagada faces N85m fraud charge

She alleged that the defendant dishonestly stole N85 million, the property of Gidi Credit Ltd.
Court

Court convicts Vessel, 11 Filipinos over cocaine importation

According to the prosecution, the crew members conspired among themselves to unlawfully import 20 kilograms of cocaine aboard the vessel,…
Naira

Naira climbs sharply, gains ₦13 against dollar in one day

Data released by the Central Bank of Nigeria showed that the Naira appreciated to ₦1,344.42 per dollar, compared to ₦1,357.77…

Transcorp Energy wins REA–World Bank Renewable Power Project to boost electricity access in Nigeria

Transcorp Energy Limited, the integrated energy development and services subsidiary of Transnational Corporation Plc, has emerged as the successful bidder…
MTN

IWD: MTN calls for bold action to advance women’s rights, leadership

Also speaking at the event, Lynda Saint-Nwafor, MTN Nigeria’s Chief Enterprise Business Officer, said empowering women has far-reaching benefits for…
Inflation

Nigeria’s Inflation falls to 15.06% but monthly cost surge sparks concern

The NBS noted that on a year-on-year basis, inflation showed a significant decline compared with the 26.27 per cent recorded…
MD/CEO, Transcorp Hotels Plc, Uzoamaka Oshogwe,

Transcorp Hotels shares reach 52-week high as market capitalisation surpasses N2 trillion

Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc (“Transcorp Group”), has reached a landmark financial milestone as its…
CBN

Reactivating Dormant Accounts Just Got Easier – CBN announces new rules

The CBN also addressed concerns about data privacy and stated that the disclosure requirements comply with Nigerian data protection laws.
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