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Business

FCMB

Youth in Agribusiness Land Trust Fund targets 500,000 young entrepreneurs

Kazeem Ugbodaga

2 weeks ago

The Federal Ministry of Youth Development (FMYD), in partnership with the International Institute for Tropical Agriculture (IITA), has launched the…
Family Business Summit 2024 to host over 150 leading Nigerian family businesses

Over One million businesses benefit as DBN reaches N1 trillion lending milestone

Femi Fabunmi

2 weeks ago

The Development Bank of Nigeria (DBN) has provided more than N1 trillion in loans to over one million micro, small…
AfDB

REVEALED: Shocking reasons Nigerian businesses can’t get loans from banks

Femi Fabunmi

2 weeks ago

Nigeria’s banks provide loans to businesses worth only 9.4% of the country’s Gross Domestic Product (GDP), according to the African…
CBN

Nigeria’s external reserves rise by $1.22 billion in May

Femi Fabunmi

2 weeks ago

Nigeria’s external reserves increased by about $1.22 billion in May 2026, reaching $49.58 billion by May 29, according to data…
Food vendors

Garri sells below N1,000 as food prices moderate nationwide – NBS

Femi Fabunmi

2 weeks ago

The prices of some major food items in Nigeria, including garri and beans, dropped significantly in April 2026, according to…
Stock Market

Investors lose N1.81tn as profit-taking triggers Stock Market sell-off

Kazeem Ugbodaga

2 weeks ago

Investors on the Nigerian Exchange Limited (NGX) lost a staggering N1.81 trillion on Monday as widespread profit-taking in blue-chip and…
Supreme Court

Supreme Court endorses Unity, Providus bank merger

Femi Fabunmi

2 weeks ago

The Nigerian Supreme Court has approved the merger between Unity Bank and Providus Bank, clearing the way for the two…
CBN

CBN mops up N1.95tn in fresh OMO auction as N3.35tn maturities loom

Kazeem Ugbodaga

2 weeks ago

The Central Bank of Nigeria (CBN) has intensified efforts to rein in excess liquidity in the financial system, absorbing N1.945…
Naira

Report: Naira appreciates N213 against dollar over 12 months

Femi Fabunmi

2 weeks ago

Nigeria’s naira ended May 2026 at N1,372 per US dollar, representing a slight decline from N1,367/$ recorded at the end…
oil and gas

Report shows Nigeria spent £1.1bn on UK refined oil in 2025

Femi Fabunmi

2 weeks ago

Nigeria spent about £1.1 billion on refined petroleum products imported from the United Kingdom in 2025, according to a new…
Banks

Banks lend N15.66 trillion to government in one year – CBN

Femi Fabunmi

2 weeks ago

Banks in Nigeria increased their lending to the federal government significantly over the past year, according to data from the…
NNPCL

NNPC Ltd. records N481bn profit in April

Isa Isawade

2 weeks ago

The development represented a sharp jump from the N276 billion posted in March, the company said in the April Monthly…
First HoldCo

Fitch’s Vote of Confidence: The Story Behind FirstHoldCo’s Resilience

Kazeem Ugbodaga

2 weeks ago

That is why Fitch Ratings' recent affirmation of FirstHoldCo Plc and First Bank of Nigeria Limited at a Long-Term Issuer…
NMDPRA

Dangote refinery slashes petrol, diesel prices again

Femi Fabunmi

2 weeks ago

The refinery further noted that it remains focused on improving local refining capacity and strengthening Nigeria’s energy independence by reducing…
First HoldCo

First HoldCo Shareholders approve N253bn Capital Raise to hit N1tn Capital Base

Kazeem Ugbodaga

3 weeks ago

Shareholders of First HoldCo Plc have approved plans to raise up to N253.099 billion as the financial services group intensifies…
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