Browsing: Business & Economy News

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

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

The Senior Vice President of First City Monument Bank (FCMB) has emphasized that small and medium-sized enterprises (SMEs) require more…

The African Development Bank (AfDB) has stated that African countries collectively have the capacity to mobilize up to $469 billion…

The Federal Government has announced that electricity consumers who generate surplus power from solar energy systems will be allowed to…

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

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…

Shareholders of Greenwich Holdings Limited have commended the company’s performance and strategic direction at its maiden Annual General Meeting (AGM),…

The Nigerian Exchange (NGX) recorded a loss of N581 billion in market capitalization as bearish sentiment persisted across the equities…