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Business

Genius Tech Trailblazers Building Nigeria’s Most Accessible and Affordable Bill Payment Platform

In a country where cost of living keeps increasing, paying these ever-increasing daily bills should not be an herculean task.…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Naira loses against dollar at official market

On Monday the Naira opened the trading week with slight gain trading at 1,534.20 to a dollar.
Stock Market

Nigerian Stock Market surges, gains N948 billion to close Week strong

Notable decliners included Champion Breweries and Dangote Sugar, both dropping 10 percent to close at N12.51 and N66.15 per share,…
Naira

Naira stumbles again: Dollar gains ground in shocking Weekend drop

The week began on a relatively positive note, with the Naira gaining marginally on Monday to trade at N1,534.20 against…
Dangote

Dangote Refinery names new CEO to drive expansion

Bird’s expertise, honed during his tenure at OQ8 where he expanded Duqm’s capacity and diversified its crude inputs, is expected…
IPMAN says tankers will no longer load more than 45,000 liters of the product from Oct. 1. to reduce accidents and damage to roads.

Petrol tankers to stop loading beyond 45,000l by Oct. 1 – IPMAN

The measure was adopted in a joint meeting involving IPMAN, the government and other stakeholders, held to reduce the cases…

The Visionary’s Struggle: Dapo Abiola and the unseen forces that challenge every entrepreneur

Dapo My strength remains, even in the face of uncertainty. I am rebuilding quietly, intentionally healing and developing the discipline…

Beyond Data: How Sam Aiyesoro’s Plug NG Is Simplifying Life for Nigerians

“In this country, just have data!” Arguably, most Nigerians, which are teens, youths, and mid-aged persons, would have said this…

Nigerian Breweries posts N733.19 billion Revenue in second quarter of 2025

Boidin attributed the strong half-year showing to a combination of sustained innovation, improved commercial execution, cost management, and effective pricing…
FCMB

FCMB Group posts ₦79.3bn Profit Before Tax in first half of 2025

The Banking Group contributed the largest share to Group PBT at 82%, followed by Consumer Finance (11.6%), Investment Management (4.8%),…
Ecobank

Ecobank drops important notice for customers

Ecobank also assured customers that the new Verve card would support payments across several digital platforms, including Google Play, YouTube,…
NNPC Ltd boss Bashir Bayo Ojulari says the company will not sell its Port Harcourt Refinery, but will complete its rehabilitation

NNPC Ltd will complete rehabilitation, not sell Port Harcourt Refinery – Ojulari

Ojulari said ongoing review indicated that the earlier decision to operate the Port Harcourt refinery prior to full completion of…

Google set to empower African Youths with $37m investment

The funding will go into research, language development, agriculture, digital skills training, and the creation of new infrastructure to help…
Digitvant Microfinance Bank (Digitvant MFB) reiterates its commitment to inclusivity and making people the centre of its operations.

Digitvant MFB seeks media partnership, unveils vision

By Richard Elesho Digitvant Microfinance Bank (Digitvant MFB) has reiterated its commitment to inclusivity and making people the centre of…
VP Shettima says Nigeria has committed $538.05 million to first phase of SAPZ, an initiative aimed at boosting agricultural productivity

Nigeria commits $538m to SAPZ – Shettima

Shettima reiterated the Federal Government’s commitment to tackling food insecurity, adding that the administration of President Bola Tinubu had reactivated…

Business owners on alert as CAC set to delist 100,000 companies, gives reasons

The Corporate Affairs Commission (CAC) has issued a 90-day ultimatum to 100,000 companies at risk of being delisted from its…
Naira

CBN data shows naira appreciates slightly, external reserves climb

Nigerian naira began the new trading week on a positive note, recording a slight appreciation against the United States dollar…
Stock Market

Stock Market boom: Investors rake in N793bn as NGX hits N85trn milestone

On the flip side, Tripple Gee declined by 10 per cent to N3.51, followed by Tantalizer which shed 8.55 per…
TCN

TCN Secretary denies authorizing AGM Notice Amendments amid legal dispute

On July 24, 2025, SEC, via Executive Commissioner Legal & Enforcement Frana Chukwuogor, directed TCN to postpone the AGM indefinitely,…
Dangote

Dangote retires as Chairman of Dangote Cement, new head appointed

His tenure transformed Dangote Cement into Africa’s largest cement producer and a leading exporter in Sub-Saharan Africa, with a legacy…
Tinubu

Tinubu vows to address ₦4trn Power Sector debt in meeting with GENCOs

The President emphasized a market-driven electricity sector, noting, “This is a longstanding issue that is now being dealt with. I…
Ecobank

Moody’s upgrades Ecobank Outlook to Stable on stronger financial performance

The outlook also incorporates Moody’s expectation that Ecobank Nigeria’s recapitalisation plan will be finalised by the end of 2025 with…
Court jails seven fraudsters over theft of N1 billion from Taj Bank after they pleaded guilty to charges filed against them by EFCC

Seven jailed over stealing of N1bn from TajBank

The suspects had exploited a glitch in the TajBank's system to transfer the over N1 billion to various banks and…
NERC

States have no authority to alter electricity cost – NERC

NERC made this clarification following the move by the Enugu Electricity Regulatory Commission (EERC) to reduce the tariff for Band-A…
MultiChoice begins 2024 Step Up Offer for DStv, GOtv customers

Canal+ seals $3B deal, takes over DStv, GOtv in game-changing move

Canal+ CEO Maxime Saada said the approval is a major step and will help Canal+ expand across Africa, especially in…
Cardoso

CBN Data: Nigeria’s foreign reserves rise by $200m in 30 days to hit $37.94bn

Momentum picked up significantly on July 11, when reserves climbed to $37.43 billion. The sharpest increase came on July 14,…
Ojulari: President Tinubu urged to ignore 'sponsored' protests against NNPCL boss — NFI

NNPC Ltd dismantling bottlenecks to self-sufficient refining sector in Africa – Ojulari

He noted that infrastructure integration, indigenous ownership, and policy harmonisation remain essential drivers of downstream transformation and are critical to…
CBN

CBN retains tight policy, keeps interest rate at 27.50%

In addition to retaining the MPR, the MPC voted to keep the Cash Reserve Ratio (CRR) unchanged at 50% for…
Lafarge

Lafarge posts record N269bn Revenue in Q2 2025, profit soars by 248%

Despite macroeconomic challenges impacting purchasing power, Alade-Akinyemi expressed confidence in sustained growth.
Naira

Naira’s fate hangs in balance as Dollar inches ahead

Analysts note that the Naira’s performance aligns with broader economic dynamics, including Nigeria’s reliance on oil exports, which account for…
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