Business

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

Kazeem Ugbodaga

1 week 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

1 week 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

1 week 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

1 week 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

1 week 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

1 week 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

1 week 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

2 weeks 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

2 weeks 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

2 weeks 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

2 weeks 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

2 weeks 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

2 weeks 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

2 weeks 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

2 weeks 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

2 weeks 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

2 weeks 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

2 weeks 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

2 weeks 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

2 weeks 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

2 weeks 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

2 weeks 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

2 weeks 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

2 weeks ago

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

How Startups Use Virtual Numbers to Test New Markets Before Committing

Ayorinde Oluokun

2 weeks ago

The virtual number is your beachhead. It gives you a local presence that customers can interact with, a channel for…

IMF endorses Nigeria’s bank recapitalisation, calls for stronger fiscal buffers

Ayorinde Oluokun

2 weeks ago

Adrian said that building a well-capitalised banking sector remained essential to sustaining global financial stability, particularly as economies confront persistent…

AFAN warns farmers against rivalry, urges unity for progress nationwide

Kazeem Ugbodaga

2 weeks ago

The Deputy National President (Operations) of the All Farmers Association of Nigeria (AFAN), Asuquo Asuquo, has cautioned members against unhealthy…

Lagos reaffirms commitment to Women-led Economic Growth

Kazeem Ugbodaga

2 weeks ago

The Lagos State Government has reiterated its resolve to place women at the forefront of its economic development agenda, positioning…

FCMB taps Cultural Economy to Drive Inclusion at 2026 Ibadan Festival

Kazeem Ugbodaga

2 weeks ago

First City Monument Bank (FCMB) is positioning culture as an economic engine, leveraging platforms such as the Ibadan Cultural Festival…

Fuel, shipping costs push Nigeria’s growth outlook lower – IMF

Femi Fabunmi

2 weeks ago

The International Monetary Fund (IMF) has reduced Nigeria’s economic growth forecast for 2026. It now expects the economy to grow…

« Prev 1 2 3 4 … 487 Next »