Business Archives - Page 9 of 982

Business

Breaking: Zenith Bank founder Jim Ovia retires as Chairman, Bello takes over

Kazeem Ugbodaga

1 month ago

Zenith Bank Plc has announced the retirement of its Founder and Group Chairman, Jim Ovia, marking the end of a…

Closing the SME Financing Gap: Nigerian Indonesian Chamber of Commerce and Industry leads Strategic Dialogue

Michael Adesina

1 month ago

The Nigerian Indonesian Chamber of Commerce and Industry (NICCI) successfully hosted its April 2026 Bi-Monthly Meeting at the Nigerian Institute…

Naira roars back! Posts biggest weekly gain against Dollar in months

Kazeem Ugbodaga

1 month ago

The Nigerian naira opened the new trading week on a firm note, recording a significant gain against the U.S. dollar…

After months of shutdown, NNPC seals deal with China to revive refineries

Femi Fabunmi

1 month ago

The Nigerian National Petroleum Company (NNPC) Limited has signed a Memorandum of Understanding (MoU) with two Chinese firms as part…

Dollar-Naira gap persists as parallel market hits ₦1,410

Femi Fabunmi

1 month ago

According to the Nigerian Foreign Exchange Market (NFEM), the official exchange rate is about ₦1,375.98 per dollar. Earlier in the…

Otedola, Dangote Group deny claims of refinery funding by billionaire friends

Michael Adesina

1 month ago

Billionaire businessman, Femi Otedola, has dismissed claims that he funded the Dangote Petroleum Refinery, describing the reports as false and…

Nigerian stocks soar as investors gain N26.2trn in April rally

Kazeem Ugbodaga

1 month ago

Nigeria’s equities market delivered a stunning performance in April, with investors raking in a massive ₦26.2 trillion as bullish sentiment…

Dangote breaks silence on rift with Elumelu

Femi Fabunmi

1 month ago

The Dangote Group has denied reports claiming that its president, Aliko Dangote, is having a disagreement with Tony Elumelu, chairman…

Why traditional payment companies are adopting stablecoins

Isa Isawade

2 months ago

But something has shifted between 2023 and 2026. Suddenly, the companies that built fortunes on the old rails are racing…

MTN Nigeria approves ₦152bn fintech restructuring

Kazeem Ugbodaga

2 months ago

Shareholders of MTN Nigeria have approved a major restructuring of the company’s digital financial services arm, clearing the way for…

UBA Drives Bank-Fintech Collaboration at Pan-African Conference

Kazeem Ugbodaga

2 months ago

United Bank for Africa Plc (UBA) has reinforced its commitment to deepening collaboration between banks and fintechs across Africa, following…

Lagos unveils industrial policy, targets Africa’s manufacturing leadership

Kazeem Ugbodaga

2 months ago

The Lagos State Government on Thursday launched its Industrial Policy 2025–2030, a strategic roadmap aimed at transforming the state into…

NNPC Limited completes crossing of OB3 Gas Pipeline over River Niger

Ayorinde Oluokun

2 months ago

The OB3 Pipeline, with a capacity of 2 billion standard cubic feet per day, serves as a backbone gas infrastructure…

Lafarge Africa Profit Doubles to N97.95bn on Strong Q1 Performance

Kazeem Ugbodaga

2 months ago

Lafarge Africa Plc has reported a sharp rise in profitability for the first quarter of 2026, posting a profit after…

Subsidy removal not a Windfall – FG

Kazeem Ugbodaga

2 months ago

The Director-General of the Budget Office of the Federation, Tanimu Yakubu, has dismissed claims that subsidy removal automatically generates surplus…

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