Business & Economy

Tinubu Set to Spend $11.6bn on Debt Servicing in 2026

President Bola Tinubu has revealed that Nigeria will spend an estimated $11.6 billion on debt…

Strong performances in Nigeria, Ghana boost MTN profit in first quarter of 2026

By Desire Emmanuel South Africa's MTN said on Tuesday, May 12, that its core earnings…

Jim Ovia Retires as Zenith Bank Chairman, Bello Appointed Successor

Jim Ovia has retired as Founder and Group Chairman of Zenith Bank Plc following the…

CBN orders banks to report failed e-transactions monthly, disclose, allow customers negotiate charges

By Nchetachi Chukwuajah  The Central Bank of Nigeria (CBN) has directed banks and other financial…

Moniepoint MFB Strengthens Agency Banking with Hybrid Model, Expands Financial Inclusion

Moniepoint MFB Strengthens Agency Banking with Hybrid Model as Moniepoint Microfinance Bank has reinforced its…

FAAC shares N2.036 trillion among FG, states, LGs as March 2026 revenue

By Nchetachi Chukwuajah  The Federation Account Allocation Committee (FAAC) has shared a total of N2.036…

Domestic airline operators threaten shutdown April 20 over 300% hike in aviation fuel price

By Nchetachi Chukwuajah  The Airline Operators of Nigeria (AON) has threatened to suspend domestic operations…

Nigeria now produces 1.8 million barrels of oil daily, says Finance Minister

By Desire Emmanuel with Agency Reports Nigeria's oil production has risen to 1.8 million barrels…

Food, transport price hike push inflation rate to 15.38% in March

By Nchetachi Chukwuajah  Nigeria’s inflation rate increased to 15.38 percent in March 2026 following an…

Liberia Opens Investment Window to Nigeria, says Envoy

The Liberian Ambassador to Nigeria, John Ballout, has made a strong case for Nigerian investors…

Heirs Insurance, United Capital partner to deepen women’s financial Inclusion

Heirs Insurance Group and United Capital Plc have partnered to deepen financial inclusion and wellness…

FG taking steps to correct identified issues in new tax laws through proposed finance bill, says Oyedele

By Nchetachi Chukwuajah Minister of State for Finance, Taiwo Oyedele, says the Federal Government is…

Reforms and regulation driving insurance industry transformation and growth, Omosehin

The Commissioner for Insurance and Chief Executive Officer of the National Insurance Commission (NAICOM), Olusegun…

33 banks have met revised minimum capital requirement, raised N4.65 trillion in recapitalisation exercise, CBN says

By Nchetachi Chukwuajah The Central Bank of Nigeria (CBN) on Wednesday, April 1, said 33…

National Assembly passes N68.3 trillion budget after Tinubu’s request for N9 trillion upward review

By Nchetachi Chukwuajah The National Assembly has passed the 2026 Appropriation Bill of N68.30 trillion…

EXCLUSIVE: How Nigerian banks fared as curtain falls on CBN’s recapitalisation drive

By Nchetachi Chukwuajah On March 28, 2024, the Central Bank of Nigeria (CBN) gave deposit…

Step by step on how to file personal income tax before March 31 deadline

(By Nchetachi Chukwuajah): As the March 31 deadline for Nigerians to file their Personal Income…

Nigerians panic as personal income tax filing deadline nears

(By Nchetachi Chukwuajah): The March 31 deadline for filing their 2025 personal income tax (PIT)…

Nigeria records $6.44 billion capital importation in fourth quarter of 2025, says NBS

By Nchetachi Chukwuajah The National Bureau of Statistics (NBS) says Nigeria recorded total capital importation…

WorldStage to Unveil Nigeria’s 2026 Macroeconomic Outlook in Lagos

WorldStage Limited (WorldStage), a Nigerian research and technology-driven firm, has announced plans to host its…