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Business

Stock Market

Nigerian Stocks soar as Market gains N390bn on FTSE Boost

Kazeem Ugbodaga

9 hours ago

Nigeria’s equities market extended its bullish run on Wednesday, with investors gaining N390 billion amid renewed confidence following the country’s…
OPS

OPS seeks Tinubu’s intervention to halt CETA Bill over economic concerns

Kazeem Ugbodaga

10 hours ago

The Organised Private Sector of Nigeria (OPS) has appealed to President Bola Ahmed Tinubu to intervene in the ongoing legislative…
Lagos

Lagos, World Bank, FCMB drive $500m Programme to boost Education, Healthcare

Kazeem Ugbodaga

11 hours ago

The Lagos State Government has intensified efforts to strengthen basic education and primary healthcare delivery through a $500 million reform…
Crude oil Pipelines to Brass export terminal bombed

Nigerian oil slides below $95 after US-Iran ceasefire deal

Femi Fabunmi

17 hours ago

Brent crude and West Texas Intermediate (WTI) also dropped by more than 15% at the time of publication.

Power to the Consumer: Why Greener Payment Systems Depend on the Everyday Nigerian

Michael Adesina

1 day ago

Nigeria's digital payment landscape has shifted considerably over the past decade. Across Lagos, Port Harcourt, and Abuja, decentralized financial tools…
FCMB

FCMB Links Value-chain Coordination to Improved Food Security

Kazeem Ugbodaga

1 day ago

Stakeholders across Nigeria’s agriculture sector called for stronger coordination across the value chain to improve productivity and food security at…
Jim Ovia

EXCLUSIVE: ₦50.7bn jackpot for Jim Ovia as Zenith rewards shareholders lavishly

Kazeem Ugbodaga

1 day ago

Chairman of Zenith Bank Plc, Jim Ovia, is set to pocket a staggering dividend payout of about ₦50.7 billion for…
UBA

UBA’s Chioma Mang, Michelle Nwoga shine at 2026 Guardian Women Festival

Kazeem Ugbodaga

2 days ago

Chief Executive Officer Africa 1, United Bank for Africa (UBA), Chioma Mang and UBA’s Group Chief Experience Officer, Michelle Nwoga,…
RTM West Africa Summit returns to Lagos, targets consumer growth and market resilience

RTM West Africa Summit returns to Lagos, targets consumer growth and market resilience

Michael Adesina

2 days ago

The Route to Market (RTM) West Africa Summit is set to return in June 2026, positioning itself as a leading…

CBN introduces age limit, Phone change rules for BVN holders

Femi Fabunmi

3 days ago

This approach is designed to help banks quickly detect potential fraud while giving customers an opportunity to clarify any issues.
Oil prices slide after OPEC+ hike

OPEC+ to Increase oil output, warns recovery May be slow

Femi Fabunmi

3 days ago

The group said it will raise output by 206,000 barrels per day. However, this increase may not have much real…
Finance Minister praises NUPRC as daily oil production hits 1.84m

Finance Minister praises NUPRC as daily oil production hits 1.84m

Ayorinde Oluokun

5 days ago

The finance minister described the war in the Middle East as unfortunate but said President Bola Tinubu had mandated an…
Flutterwave

Flutterwave secures banking licence, hits $40bn payments

Paul Dada

6 days ago

What began as a payment gateway designed to simplify cross-border transactions has evolved into one of the continent’s most prominent…
FCMB

Oyo, FCMB, Mastercard Foundation disburse ₦1.5 billion to Youth Farmers

Kazeem Ugbodaga

7 days ago

Oyo State Government and First City Monument Bank (FCMB) have supported 1,000 young agripreneurs to boost food production and support…

MSME Awards: FG launches ₦1 billion grant scheme for small businesses

Femi Fabunmi

7 days ago

The Federal Government says it will give out more than ₦1 billion to support small businesses in Nigeria through the…
HOC Capital Club, Cersei Partners launch global citizenship advocacy body

HOC Capital Club, Cersei Partners launch global citizenship advocacy body

Michael Adesina

7 days ago

HOC Capital Club, in partnership with Cersei Partners, has launched a new global advocacy platform aimed at redefining citizenship and…
Muyiwa Akinyemi

Transcorp Hotels appoints Muyiwa Akinyemi to board of directors

Michael Adesina

1 week ago

Transcorp Hotels Plc, the hospitality arm of Transnational Corporation Plc (Transcorp), has announced the appointment of Mr. Muyiwa Akinyemi as…
CBN

33 Banks meet targets as CBN concludes ₦4.65trn Recapitalisation Drive

Kazeem Ugbodaga

1 week ago

The Central Bank of Nigeria (CBN) has concluded its sweeping banking sector recapitalisation programme, with lenders raising ₦4.65 trillion in…
CBN

Cybersecurity: Nigerian banks face tight CBN deadline

Femi Fabunmi

1 week ago

The Central Bank of Nigeria (CBN) has issued a strict directive to banks and other financial institutions, requiring them to…
CBN concludes banking sector recapitalisation as operators raise N4.65trn

Nigerian Banks raise N4.65trn new capital as CBN concludes recapitalisation programme

Ayorinde Oluokun

1 week ago

CBN said 72.55 per cent of capital was sourced locally and 27.45 per cent from international markets, a development it…
Oracle

Oracle layoffs impact 12,000 in India

Isa Isawade

1 week ago

Oracle’s senior leadership reportedly began notifying affected staff via email around 6 AM on March 31, communicating the company's decision.
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Naira slips to N1,387/$ as Nigeria’s reserves fall below $50bn

Femi Fabunmi

1 week ago

The Central Bank of Nigeria expects reserves to rise to about $51 billion by the end of 2026 as part…
NMDPRA

Fresh gas price hike hits Nigeria’s power sector

Femi Fabunmi

1 week ago

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has increased the price of natural gas for power companies to…
Rabiu, Elumelu deepen partnership as BUA Foods posts N1.77trn revenue

Rabiu, Elumelu deepen partnership as BUA Foods posts N1.77trn revenue

Ayorinde Oluokun

1 week ago

Elumelu described BUA Group as a model of disciplined execution and industrial scale, pledging continued support for transformative enterprises.
Senate

Senate passes massive ₦68.3 trillion budget amid rising debt concerns

Kazeem Ugbodaga

1 week ago

Nigeria’s upper legislative chamber, the Senate, on Tuesday passed the 2026 Appropriation Bill, significantly increasing the proposed national budget amid…
FCMB

FCMB Capital Markets tops FMDQ Rankings with ₦1.53 trillion deals

Kazeem Ugbodaga

1 week ago

Also commenting, Ikechukwu Omeruah, Chief Executive Officer of FCMB Capital Markets Limited, said the firm remains committed to supporting corporates…

LIRS extends tax filing deadline to April 14

Femi Fabunmi

1 week ago

Meanwhile, Nigeria’s tax system is undergoing significant reforms at the federal level, with the introduction of new laws such as…
Food

U.S. Vs Iran: Market survey shows sharp increase in food prices

Femi Fabunmi

1 week ago

Another seller said they are struggling to balance making profit and keeping prices affordable.
FG inaugurates S-VCG, grants 45 tertiary students ₦50m each

45 student-led startups get N50m each as FG unveils S-VCG

Ayorinde Oluokun

1 week ago

Administered through the Federal Ministry of Education, the S-VCG is designed to identify, nurture and fund student-led startups with the…
NCC directs telecommunications operators to compensate subscribers for poor service

NCC directs telecom operators to compensate subscribers for poor service

Ayorinde Oluokun

1 week ago

The compensation will be provided in the form of airtime credits, calculated based on subscribers’ average spending patterns and their…
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