Business

Naira slides to N1,383/$ as external reserves dip further

Femi Fabunmi

4 hours ago

The pressure on the naira reflects broader challenges in Nigeria’s FX market, including declining external reserves.

Investors gain N3.2trn as stock market rebounds

Ayorinde Oluokun

18 hours ago

Industrial and Medical Gases, FTN Cocoa Processors, WAPCO, Austinlaz, and Presco, alongside 34 other gainers, lifted the market into positive…

UAE announces exit from OPEC, OPEC+

Ayorinde Oluokun

23 hours ago

The Emirates also reaffirmed its commitment to investing across the energy value chain, including oil and gas, renewables and low-carbon…

Payaza receives dual credit rating upgrades, expands footprints in Africa

Michael Adesina

1 day ago

Payaza Africa Limited, a leading payments infrastructure company in Africa, has strengthened its market position with two major rating milestones.

Edo now safe for Investment Growth, says Afegbua

Kazeem Ugbodaga

1 day ago

The Edo State Commissioner for Information and Strategy, Kassim Afegbua, has said improved security architecture in the state is driving…

Mobile Earning in Nigeria: How to Verify an Affiliate Partner Before You Scale

Ayorinde Oluokun

1 day ago

A practical guide for Nigerian creators and publishers exploring mobile-first affiliate income in 2026, with a focus on cyber checks,…

Australia moves to tax Meta, Google, TikTok over News payments

Kazeem Ugbodaga

1 day ago

Australia has unveiled a new legislative push that could force global technology giants, including Meta, Google and TikTok, to pay…

Oil surges past $110 as Iran tensions threaten global supply

Kazeem Ugbodaga

1 day ago

Global oil prices spiked above $110 per barrel on Tuesday, driven by mounting concerns that diplomatic efforts between the United…

Our approach to AI adoption is deliberate, responsible – FCMB

Paul Dada

1 day ago

“Artificial Intelligence is no longer a future concept; it is actively redefining how financial institutions operate. From improving risk assessment…

Lagos unveils bold industrial policy to drive GDP growth, unlock investment

Kazeem Ugbodaga

2 days ago

The Lagos State Government has launched an ambitious Industrial Policy (2025–2030) designed to reposition the state as Africa’s leading industrial…

How Companies in Emerging Markets Are Improving Project Efficiency and Reducing Costs

Ayorinde Oluokun

2 days ago

The companies pulling ahead in their markets are those that recognize project management not as an administrative discipline but as…

Forex pressure mounts as Nigeria’s reserves slide in April

Femi Fabunmi

2 days ago

Nigeria’s foreign reserves dropped by about $731 million in the first three weeks of April 2026, showing continued pressure on…

Lagos signs Power deal with three firms to boost Electricity supply

Kazeem Ugbodaga

3 days ago

The Lagos State Government has signed a Power Purchase Agreement (PPA) with three electricity generation companies in a move aimed…

Sam Pharmaceuticals opens Factory in Nigeria with FCMB, BoI Support

Kazeem Ugbodaga

4 days ago

Sam Pharmaceutical Limited has opened a new manufacturing facility in southwestern Nigeria, expanding local drug production capacity as the country…

UBA deposits surge to N27.2trn despite profit pressures

Kazeem Ugbodaga

4 days ago

United Bank for Africa Plc has recorded an 11.8 per cent increase in customer deposits, rising to N27.2 trillion for…

Alake: Solid minerals excellence awards will advance responsible mining practices

Ayorinde Oluokun

4 days ago

The awards, themed ‘Unlocking the Future’, will unveil winners across high-impact categories that reflect the sector’s direction.

Equities Market Extends Rally, Investors Gain N1.86trn in 14-Day Surge

Kazeem Ugbodaga

5 days ago

Nigeria’s equities market closed the week on a bullish note, recording a N1.857 trillion gain as sustained investor confidence drove…

Civil society groups demand overhaul of banking ESG policies

Paul Dada

5 days ago

According to him, the coalition’s assessment showed that leading commercial banks scored an average of 1.7 out of 10 against…

Shareholders hail NB Plc’s dramatic turnaround amid tough economy

Kazeem Ugbodaga

6 days ago

Shareholders of Nigerian Breweries Plc have commended the company’s board and management for delivering a strong financial recovery in the…

Fake drinks crisis deepens as Nigeria’s economy loses ₦428 billion – Report

Femi Fabunmi

6 days ago

Nigeria is losing about ₦428 billion every year because of illegal alcohol trade, according to the Spirits and Wines Association…

Ginger, FCMB SheVentures launch Programme to scale Women Beauty businesses

Kazeem Ugbodaga

6 days ago

Ginger, a technology platform for beauty businesses, has partnered with FCMB SheVentures to unveil “Built to Last,” a year-long programme…

Afriland properties posts ₦4.07bn revenue, declares ₦329.7m dividend

Femi Fabunmi

6 days ago

Afriland Properties Plc has released its audited financial results for the year ended December 31, 2025, reporting modest revenue growth…

Consumers get boost as court backs FCCPC powers over banks

Paul Dada

6 days ago

According to him, the commission will continue to engage financial institutions and other service providers professionally, fairly, and in accordance…

Reps Investigate food price drop, move to protect farmers from market fluctuations

Femi Fabunmi

7 days ago

The House of Representatives in Nigeria has decided to investigate why the prices of farm produce keep dropping and how…

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

Kazeem Ugbodaga

1 week 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

1 week 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

1 week 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 week 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 week 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

1 week ago

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

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