Browsing: Business & Economy News

Traditional insurance companies that fail to embrace digital transformation, data-driven decision-making and changing customer expectations risk becoming irrelevant in an…

The House of Representatives Public Accounts Committee (PAC) has recovered N521.77 million in unremitted Value Added Tax (VAT) from the…

Nigeria’s oil and gas regulators have intensified efforts to reduce compliance costs across the petroleum industry as part of broader…

The Lagos State Electricity Regulatory Commission (LASERC) has disclosed that 38 companies operating electricity generation facilities across Lagos State, including…

The International Air Transport Association (IATA) has warned that soaring fuel prices are placing significant pressure on airline profitability, with…

Nigeria and Israel have moved to strengthen bilateral cooperation in artificial intelligence (AI), innovation and entrepreneurship, with both countries expressing…

The Federal Government has certified 131 Nigerian companies under the African Quality Mark (AQM) scheme, a continental certification programme designed…

MTN Nigeria and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have intensified efforts to support the growth…

Nigeria’s stock market may face renewed pressure in the second half of 2026 as investors begin to factor in political…

Cascador, a leading accelerator dedicated to empowering African entrepreneurs, has announced a major expansion of its support for startups through…

Labour unions have formally escalated allegations of workers’ rights violations against the government to the International Labour Organization (ILO), citing…

The African Petroleum Producers’ Organisation (APPO) has confirmed that the long-anticipated Africa Energy Bank (AEB) is now scheduled to commence…

Health experts, nutrition advocates, and food industry stakeholders have intensified efforts to address the growing spread of misinformation around dairy…

The Manufacturers Association of Nigeria (MAN) has stated that Nigeria’s industrial sector could experience a meaningful rebound if ongoing policy…

Africa’s rapidly expanding digital payments ecosystem is growing at an unprecedented pace, but industry stakeholders and analysts say the boom…

Economists and financial analysts have raised concerns over the timing of Oyo State Government’s planned N200 billion bond issuance, arguing…

Fortis Global Insurance Plc has reported a loss of N1.89 billion, reflecting the challenges facing insurance operators in an environment…

Wema Bank has returned as the headline sponsor of Fashion Souk, reaffirming its commitment to supporting Nigeria’s creative economy, promoting…

Shareholders of Ecobank Transnational Incorporated (ETI) have approved a dividend payout of $40 million, reaffirming confidence in the pan-African banking…

The Central Bank of Nigeria (CBN) has increased the allowable foreign exchange limit for overseas tuition payments to $25,000, a…