Business

According to industry insiders, the price slash was announced late Tuesday, July 1st, following fresh supplies pushed out by the Lekki-based multi-billion-dollar facility. This is the second major price cut…

Oil marketers in Nigeria are raising alarm over the frequent fluctuations in fuel prices, warning that the instability is pushing many businesses toward collapse. The ongoing price war between Dangote…

The United Bank for Africa (UBA) Plc has unveiled its ambitious N239.4 billion Rights Issue, a strategic move aimed at bolstering its digital infrastructure, expanding operations across Africa and beyond,…

President Tinubu directive to the FCCPC is set to end Optasia’s monopoly and open a massive digital lending market to Nigerian-owned companies for the first time. DATE: June 7, 2026…

The National Information Technology Development Agency (NITDA) has reaffirmed the pivotal role of data in accelerating Nigeria’s transition to a sustainable digital economy. Speaking at the 2024 Digital Nigeria Innovation…

The Nigerian naira showed a glimmer of resilience on Wednesday, January 22, 2025, as it recorded modest gains against the US dollar in both the official and parallel markets. This…

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm…

  Nigeria runs on generators. It is a national embarrassment that the country with the largest economy in Africa cannot reliably keep the lights on for its 220 million citizens.…

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a ₦12.2 trillion revenue boost in 2024, marking one of the sector’s most significant financial upswings in recent years. This surge…

The Central Bank of Nigeria (CBN) has intensified its efforts to tackle the illegal trade of naira notes, imposing a hefty fine of ₦150 million on Deposit Money Banks (DMBs)…