Business

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

Kazeem Ugbodaga

11 hours 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

13 hours 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

14 hours 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 day 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 day 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 day 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 day 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

2 days ago

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

Naira slips to N1,387/$ as Nigeria’s reserves fall below $50bn

Femi Fabunmi

2 days ago

The Central Bank of Nigeria expects reserves to rise to about $51 billion by the end of 2026 as part…

Fresh gas price hike hits Nigeria’s power sector

Femi Fabunmi

2 days ago

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has increased the price of natural gas for power companies to…

Rabiu, Elumelu deepen partnership as BUA Foods posts N1.77trn revenue

Ayorinde Oluokun

2 days ago

Elumelu described BUA Group as a model of disciplined execution and industrial scale, pledging continued support for transformative enterprises.

Senate passes massive ₦68.3 trillion budget amid rising debt concerns

Kazeem Ugbodaga

2 days ago

Nigeria’s upper legislative chamber, the Senate, on Tuesday passed the 2026 Appropriation Bill, significantly increasing the proposed national budget amid…

FCMB Capital Markets tops FMDQ Rankings with ₦1.53 trillion deals

Kazeem Ugbodaga

2 days ago

Also commenting, Ikechukwu Omeruah, Chief Executive Officer of FCMB Capital Markets Limited, said the firm remains committed to supporting corporates…

LIRS extends tax filing deadline to April 14

Femi Fabunmi

3 days ago

Meanwhile, Nigeria’s tax system is undergoing significant reforms at the federal level, with the introduction of new laws such as…

U.S. Vs Iran: Market survey shows sharp increase in food prices

Femi Fabunmi

4 days ago

Another seller said they are struggling to balance making profit and keeping prices affordable.

45 student-led startups get N50m each as FG unveils S-VCG

Ayorinde Oluokun

4 days ago

Administered through the Federal Ministry of Education, the S-VCG is designed to identify, nurture and fund student-led startups with the…

NCC directs telecom operators to compensate subscribers for poor service

Ayorinde Oluokun

4 days ago

The compensation will be provided in the form of airtime credits, calculated based on subscribers’ average spending patterns and their…

Egg scarcity looms nationwide as prices rise to ₦8,500 per crate

Femi Fabunmi

4 days ago

Nigeria is experiencing another increase in egg prices, with a crate now selling for as much as ₦8,500 in some…

How FirstBank is Redefining Sustainability in Nigeria

Kazeem Ugbodaga

5 days ago

When we think of banking, we rarely imagine forests, solar panels, or braille-equipped ATMs. Yet, FirstBank of Nigeria is proving…

Report names Lagos best state for doing business

Femi Fabunmi

5 days ago

Report names Lagos best state for doing business

Sanwo-Olu inaugurates Irele Tower, boosting LFZ investment drive

Kazeem Ugbodaga

6 days ago

Managing Director and Chief Executive Officer of Lagos Free Zone, Adesuwa Ladoja, said the project reflects the zone’s commitment to…

Transcorp Energy, Renewvia Solar partner to drive clean energy access across Africa

Michael Adesina

6 days ago

In a major move to tackle the continent's power deficit, Transcorp Energy Limited and Renewvia Solar Nigeria Limited have officially…

Oceangate Engineering to appeal court’s ruling on asset forfeiture

Isa Isawade

6 days ago

Onyeaso said the company views the ruling as a civil asset forfeiture order based on suspicion rather than proof. She…

DealMakers AFRICA honours top M&A deals, advisers in West Africa

Kazeem Ugbodaga

1 week ago

Leading mergers and acquisitions (M&A) transactions and advisory firms across West Africa were recognised at the DealMakers AFRICA Annual Gala…

Oceangate Engineering Oil & Gas LTD to appeal Federal High ruling over forfeiture assets

Michael Adesina

1 week ago

Oceangate Engineering Oil & Gas Limited has said it will appeal to the recent ruling of the Federal High Court…

Investors gain N141 billion as stock market sustains upward momentum

Kazeem Ugbodaga

1 week ago

On the gainers’ table, Legend Internet led with a 10 per cent increase to close at N7.26 per share. Premier…

Forex market tension grows as Naira slips to N1,383/$

Femi Fabunmi

1 week ago

The naira weakened slightly to N1,383.5 per dollar on Tuesday, down from N1,383 per dollar recorded on Monday, as pressure…

Court orders final forfeiture of $13m linked to Aisha Achimugu in CBN’s account

Isa Isawade

1 week ago

He said, “Hence, describing the company as ‘a professional oll and gas consortium, operating in diverse sectors of the oil…

Investors gain big as market recoups losses, gains N1.09trn

Ayorinde Oluokun

1 week ago

Airtel Africa, John Holt, Legend Internet and Consolidated Hallmark Holdings led the gainers’ chart by 10 per cent each, settling…

Erratic Power: Government steps In to tackle gas crisis

Femi Fabunmi

1 week ago

However, some people are worried this could increase Nigeria’s public debt. Also, some power companies disagree with the reported debt…

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