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October 31, 2026 1:12 am
Stakeholders mull strategies to tackle ship financing challenges
October 31, 2026 1:11 am
Airlines’ annual payment processing cost hits $25bn
October 31, 2026 1:05 am
Airtel Nigeria deploys 1,000 additional 5G sites
October 31, 2026 12:14 am
NERC woos investors to expand power generation
October 31, 2026 12:13 am
OPay raises $304m in NYSE debut, targets Nigerian investors
October 31, 2026 12:10 am
Reps threaten demolition of structures along power project routes
MTN Nigeria’s nine-month profit rises 55% to N1.17tn
October 31, 2026 3:08 pm
BUA Foods profit rises to N450bn despite revenue decline
Business
Traditional media must embrace new formats — Fosudo
Business & Economy
How Nollywood actors can earn beyond movie fees — Etim-Effiong
Business & Economy
Intra-African trade shouldn’t depend on dollars — Grey CEO
Business & Economy
Seven modular refineries to begin operations in 2027
Business & Economy
Stakeholders mull strategies to tackle ship financing challenges
Stakeholders in Nigeria’s maritime sector have urged the government to tackle ship financing challenges like high borrowing costs and collateral requiremen…
Airlines’ annual payment processing cost hits $25bn
The International Air Transport Association says airlines spend over $24.5bn annually on payment processing, urging digital innovation to cut costs….
Airtel Nigeria has added over 1,000 fifth-generation network sites in 2026 to expand high-speed connectivity and improve service quality across the country…
NERC woos investors to expand power generation
The Nigerian Electricity Regulatory Commission has urged investors to use existing frameworks to finance large-scale projects and improve electricity suppl…
OPay raises $304m in NYSE debut, targets Nigerian investors
Fintech company OPay has raised $304m in its initial public offering on the New York Stock Exchange and plans a secondary listing in Nigeria….
Reps threaten demolition of structures along power project routes
The House of Representatives has threatened to demolish churches, hotels, and homes illegally built on routes for power transmission projects in Nigeria….
BUA Foods profit rises to N450bn despite revenue decline
BUA Foods Plc has recorded a profit after tax of N450.47bn in nine months, an 11.15% increase, despite a 19% decline in revenue to N1.15tn….
Traditional media must embrace new formats — Fosudo
Popular content creator, Fisayo Fosudo, has urged traditional media organisations to adopt new formats like short videos and reels to attract younger audie…
How Nollywood actors can earn beyond movie fees — Etim-Effiong
Talent manager Toyosi Etim-Effiong says Nollywood actors’ earnings can increase through profit-sharing deals negotiated by professional managers for hit fi…
Intra-African trade shouldn’t depend on dollars — Grey CEO
Grey CEO, Idorenyin Obong, says intra-African trade shouldn’t depend on the US dollar, noting the firm has built direct currency conversion routes….
Seven modular refineries to begin operations in 2027
Seven new modular refineries with a combined capacity of 83,000 barrels per day are projected to commence operations in Nigeria next year, says Argus Media…
FTC Group petitions Tinubu, NDIC over 30-year bank liquidation surplus
Financial Trust Group has petitioned President Tinubu to intervene in a 30-year dispute with the NDIC over alleged unaccounted liquidation surpluses….
Minimum wage: NECA urges balance between welfare, affordability
The Nigeria Employers’ Consultative Association (NECA) has urged a balance between workers’ welfare and business affordability in minimum wage negotiations…
Chain Reactions Africa gets Global SABRE Award
Chain Reactions Africa has won a Global SABRE Award for its ‘From Promises To Proofs’ campaign, created for the Nigerian presidency….
LSETF disburses N15bn to MSMEs
The Lagos State Employment Trust Fund has disbursed over N15bn to more than 20,000 MSMEs, contributing to the creation of over 320,000 jobs in the state….
Guaranty Trust Holding Company Plc has reported a profit before tax of N879.9bn for the nine months ended September 30, 2026, in its latest financials….
CIBN investiture to examine bank recapitalisation, industrial growth
The CIBN will examine how bank recapitalisation can support Nigeria’s industrial growth at its 2026 Fellowship Investiture in Lagos on October 31….
Sterling Financial Holdings Company Plc has reported a 37.1% growth in its nine-month profit before tax to N97.28bn, with total assets surpassing N5tn….
The Nigerian Communications Commission has assured telcos that its regulations will target abuse of market power, not commercial success or size alone….
GTCO launches Google Pay for local, international payments
GTCO announces that its subsidiaries, GTBank and HabariPay, are live with Google Pay, enabling customers to make and merchants to accept digital payments….
Women accountants push for greater leadership opportunities
The Society of Women Accountants of Nigeria is calling for more leadership roles and professional advancement for women in the accounting profession….
Retired workers of the Nigerian Airspace Management Agency are protesting, demanding the immediate payment of outstanding pension increases and arrears….
The Nigerian Exchange Limited closed on a bearish note as total market capitalisation dropped to N164.19tn and the All-Share Index slipped by 1,107.28 poin…
MTN Nigeria unveils enterprise tech solution for SMEs
MTN Nigeria has launched Y’ello Y’Fi, a new tech solution designed to equip small and medium-sized enterprises with digital tools and internet connectivity…
Pension aggressive funds deliver 20% returns
Nigeria’s National Pension Commission has revealed that pension aggressive funds (Fund I) recorded strong investment returns of about 20% in September….
FCMB, Mastercard launch digital platform to expand farmers’ financing
FCMB and Mastercard have launched AgroPass, a digital platform to expand access to finance, markets, and services for smallholder farmers across Nigeria….
United Capital’s PBT jumps 66% to N41.58bn
United Capital Plc has reported a 66% rise in its profit before tax to N41.58bn for the first nine months of 2026, driven by higher investment income….
GNI clears over N3bn in outstanding claims
Great Nigeria Insurance Plc has cleared over N3bn in outstanding claims after a major operational overhaul, introducing a 48-hour claims processing SLA….
Ibile, Canon control 87% of LASACO Assurance
Ibile Holdings and Canon Properties now control 87.21% of LASACO Assurance after the insurer’s N18.47bn rights issue to raise fresh capital….
DMO cuts T-bill rates to 15.8%, rejects N1.8tn bids
The Debt Management Office has cut Treasury bill rates to 15.80% at its latest auction, rejecting about N1.84tn in bids from investors….
Banks keep N6.98tn with CBN amid N800bn T-bill offer
Nigerian banks held N6.98tn with the CBN on Tuesday, highlighting excess liquidity as the apex bank offered N800bn in Treasury bills on behalf of the DMO….