Business & Economy

NMFB Refutes ₦215bn ABP Disbursement Claim, Confirms ₦51bn

The bank also expressed concern that inaccurate media coverage could distort public understanding of its…

Nigeria’s Inflation Rate Eases in May, Food Prices Still High in Key States – NBS

On a month-to-month basis, the inflation rate also declined slightly to 1.53 per cent in…

Dangote Refinery Deploys 4,000 CNG Tankers for Free Fuel Delivery Nationwide

“This will reduce fuel costs, support SMEs, lower inflation, and improve rural access to energy.”

Dangote Sugar Appoints Banking Veteran Arnold Ekpe as New Chairman

The appointment, disclosed through a regulatory filing with the Nigerian Exchange (NGX), marks a significant…

BDC Recapitalisation Deadline Not Extended – CBN

It stated that the apex Bank has not granted any such extension beyond the previously…

Oraimo Launches Nationwide Store Promotion

The promo will be a full-fledged celebration of the oraimo lifestyle shoppers, where customers will…

Tinubu’s Visit to Dangote Refinery Signals Economic Shift for Nigeria

He hailed the refinery as a “massive investment” with transformative potential. He praised its capacity…

Oando Reports Surge in Revenue, Profit, and Clean Energy Drive in 2024 Results

The Nigerian energy giant saw revenue rise by 44% to ₦4.09 trillion, while profit after…

Shettima’s $25 Billion Pipeline Pitch Signals New Energy Ambition for Nigeria

“Nigeria holds the world’s eighth-largest gas reserves,” Shettima said, “but to transform that potential into…

Access Bank Acquires National Bank of Kenya, Expands East African Footprint

“This is more than a business deal - it’s a strategic leap toward building Africa’s…

The Kind Of Credit Economy Nigeria Needs – Dr Adedipe

When credit is used to finance roads, railways, power plants, and other critical infrastructure, it…

Odu’a Investment, NPO Promote Economic Growth at South West Philanthropy Summit

The Summit is the first of its kind, and it seeks to engage stakeholders and…

Sidi Ould Tah Elected New AfDB President, Ushering in Post-Adesina Era

With more than three decades of experience in finance, economic policy, and multilateral development, Tah…

ARCON Launches Investigation into 9mobile over N1 Billion Advertising Debt

According to ARCON, the investigation was triggered by two petitions it received, both alleging that…

Tunji-Ojo Advocates Innovation-Driven Public, Private Sector

“What Dr. Tunji-Ojo has demonstrated is that innovation is not about big budgets, it is…

U.S. Court Strikes Down Key Trump Tariffs, Citing Executive Overreach

For global trade observers and U.S. partners, this ruling represents a pivotal test of how…

CBN’s New ATM Charges Spark Public Backlash

The CBN says the changes are meant to promote digital banking and recover rising service…

Port Harcourt Refinery Shuts Down for One-Month Maintenance – NNPC

Soneye reassured the public that the refinery remains functional and that there will be no…

Wema Bank Earns Shareholder Praise After Record-Breaking 2024 Performance

They also highlighted improvements in credit quality, with the non-performing loan ratio dropping to 3.86%.

FG Inaugurates New AMCON Board to Drive Asset Recovery, Economic Reforms

The reconstitution of AMCON’s board is seen as a strategic step toward revitalizing bank balance…