Business

Iran: Prime Minister Modi tells Indians to keep expenses minimal

Isa Isawade

4 hours ago

The Prime Minister has ordered a 50 per cent reduction in the size of his official convoy and directed greater…

What Trump’s upcoming China state visit will lead to – experts

Isa Isawade

5 hours ago

“They control more than 40 per cent of global GDP, and the decisions they make have serious repercussions on countries…

Lagos Targets Massive Infrastructure Expansion With N1.4tn Capital Investment

Kazeem Ugbodaga

20 hours ago

The Lagos State Government has earmarked over N1.4 trillion for major infrastructure projects in 2026 as part of efforts to…

Lagos Set To Host 1,000 Global Investors At Major Investment Summit

Kazeem Ugbodaga

20 hours ago

The Lagos State Government has intensified efforts to position the state as Africa’s leading investment and business hub with plans…

FG in fresh $1.25bn World Bank loan talks

Kazeem Ugbodaga

1 day ago

The Federal Government is in advanced negotiations with the World Bank for a fresh $1.25 billion loan, aimed at bolstering…

Dollar strengthens, Naira Slides to ₦1,375 in official market

Femi Fabunmi

1 day ago

The naira has lost value again against the US dollar, closing at ₦1,375/$ in the official foreign exchange market on…

Oil surges above $100 as Trump-Iran ceasefire teeters, global markets tremble

Kazeem Ugbodaga

1 day ago

Global oil prices climbed sharply on Tuesday while major stock markets retreated after United States President Donald Trump declared that…

FCMB Asset Management rebrands Mutual Funds, cuts Investment entry thresholds

Kazeem Ugbodaga

2 days ago

FCMB Asset Management Limited has announced the rebranding of four of its mutual funds following regulatory approval from the Securities…

CBN warns states over rising debt, short-term borrowing habit

Femi Fabunmi

3 days ago

A police officer, Inspector Abdulkadir Garba, popularly known as “Buratai,” has died after he was struck by lightning while carrying…

China’s zero-tariff policy on African countries: What implications for global trade?

Ayorinde Oluokun

4 days ago

China-African trade receipts show that African countries largely export raw materials such as oil, copper, cobalt, and agricultural products, while…

FirstHoldCo Posts ₦321.1bn Q1 Profit As Gross Earnings Rise To ₦942bn

Kazeem Ugbodaga

5 days ago

First HoldCo Plc has reported a strong financial performance for the first quarter of 2026, with profit before tax rising…

FirstHoldCo hits ₦3.4trn Gross Earnings despite 79% Profit crash

Kazeem Ugbodaga

5 days ago

First HoldCo Plc has announced a 6.9 per cent increase in gross earnings to ₦3.4 trillion for the financial year…

Kano govt inaugurates committee to recover alleged N1.8bn illegal salary deduction

Isa Isawade

5 days ago

“Government subsequently engaged an independent audit firm to investigate the deduction, and the reports were presented before the council."

Naira nears key N1,350/$ mark as FX market confidence improves

Femi Fabunmi

6 days ago

The naira gained almost N10, closing at N1,357 per dollar, compared to N1,375.5/$ at the beginning of May. This means…

Truecaller flags Nigeria as Africa’s spam call capital

Femi Fabunmi

6 days ago

Nigeria has been ranked the most spammed country in Africa, according to a new report by Truecaller has shown. The…

Oil prices crash as US-Iran deal hopes calm Global Markets

Kazeem Ugbodaga

6 days ago

Global oil prices continued their downward slide on Thursday as growing optimism over possible diplomatic progress between the United States…

I didn’t quit media; I expanded into real estate – Alefia

Michael Adesina

6 days ago

Alefia Friday James, publisher of Naija News Today, has shed more light on his entry into the real estate sector,…

₦5m, ₦10m Zero-interest Loans: SheVentures Opens Applications for Women Entrepreneurs

Kazeem Ugbodaga

7 days ago

First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up…

Dangote cuts petrol price back to N1,275 after brief increase

Femi Fabunmi

7 days ago

Dangote Refinery has reduced its petrol price back to N1,275 per litre, just hours after increasing it to N1,350.

Breaking: Zenith Bank founder Jim Ovia retires as Chairman, Bello takes over

Kazeem Ugbodaga

1 week ago

Zenith Bank Plc has announced the retirement of its Founder and Group Chairman, Jim Ovia, marking the end of a…

Closing the SME Financing Gap: Nigerian Indonesian Chamber of Commerce and Industry leads Strategic Dialogue

Michael Adesina

1 week ago

The Nigerian Indonesian Chamber of Commerce and Industry (NICCI) successfully hosted its April 2026 Bi-Monthly Meeting at the Nigerian Institute…

Naira roars back! Posts biggest weekly gain against Dollar in months

Kazeem Ugbodaga

1 week ago

The Nigerian naira opened the new trading week on a firm note, recording a significant gain against the U.S. dollar…

After months of shutdown, NNPC seals deal with China to revive refineries

Femi Fabunmi

1 week ago

The Nigerian National Petroleum Company (NNPC) Limited has signed a Memorandum of Understanding (MoU) with two Chinese firms as part…

Dollar-Naira gap persists as parallel market hits ₦1,410

Femi Fabunmi

1 week ago

According to the Nigerian Foreign Exchange Market (NFEM), the official exchange rate is about ₦1,375.98 per dollar. Earlier in the…

Otedola, Dangote Group deny claims of refinery funding by billionaire friends

Michael Adesina

1 week ago

Billionaire businessman, Femi Otedola, has dismissed claims that he funded the Dangote Petroleum Refinery, describing the reports as false and…

Nigerian stocks soar as investors gain N26.2trn in April rally

Kazeem Ugbodaga

1 week ago

Nigeria’s equities market delivered a stunning performance in April, with investors raking in a massive ₦26.2 trillion as bullish sentiment…

Dangote breaks silence on rift with Elumelu

Femi Fabunmi

2 weeks ago

The Dangote Group has denied reports claiming that its president, Aliko Dangote, is having a disagreement with Tony Elumelu, chairman…

Why traditional payment companies are adopting stablecoins

Isa Isawade

2 weeks ago

But something has shifted between 2023 and 2026. Suddenly, the companies that built fortunes on the old rails are racing…

MTN Nigeria approves ₦152bn fintech restructuring

Kazeem Ugbodaga

2 weeks ago

Shareholders of MTN Nigeria have approved a major restructuring of the company’s digital financial services arm, clearing the way for…

UBA Drives Bank-Fintech Collaboration at Pan-African Conference

Kazeem Ugbodaga

2 weeks ago

United Bank for Africa Plc (UBA) has reinforced its commitment to deepening collaboration between banks and fintechs across Africa, following…

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