Business
Stay informed with Nigerian business news, economy updates, markets, startups, and global financial headlines.
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Customs, agents disagree over National Single Window operations
By Godwin Oritse & Efe Onodjae Concerns are mounting over disagreements related to the implementation of the National Single Window…
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Firms expect borrowing cost to decline in 3 months
Firms Anticipate Decline in Bank Loan Borrowing Costs By Elizabeth Adegbesan Businesses in Nigeria expect a decrease in borrowing costs…
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Cornerstone Insurance, FIN Insurance meet NIIRA 2025 recapitalisation requirement
Cornerstone Insurance and FIN Insurance Receive NAICOM License Certificates Following Recapitalization By Rosemary Iwunze ABUJA — Cornerstone Insurance Plc and…
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We’ve started paying depositors of 46 microfinance banks — NDIC
NDIC Begins Payments to Depositors of Revoked Microfinance Banks By Cynthia Alo The Nigeria Deposit Insurance Corporation (NDIC) has initiated…
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Senate backs EKEDP’s turnaround, seeks solution to sector bottlenecks
Senate Committee Praises Eko Electricity Distribution’s Performance Amid Ongoing Challenges By Udeme Akpan, Energy Editor LAGOS — The Senate Committee…
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Dangote Refinery drops PMS to N1,165/litre, diesel to N1,570/litre
By Peter Egwuatu Dangote Petroleum Refinery Reduces Fuel Prices in Nigeria Dangote Petroleum Refinery announced a decrease in the ex-depot…
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Withdrawal of COVID-19 Forbearance pushes banks’ bad loans above CBN limit
By Elizabeth Adegbesan The Central Bank of Nigeria (CBN) has reported a rise in the Non-Performing Loans (NPLs) ratio for…
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Dealers effect petrol, diesel depot price cuts
Prices for Fuel Decline Amid Falling Crude Oil Costs By Udeme Akpan, Energy Editor Competition among petroleum marketers and depot…
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Oando grows half year revenue to N2.1trn
Oando Plc Reports 20% Revenue Increase for First Half of 2026 LAGOS — Oando Plc has announced a 20% rise…
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Economic Council approves $4.5b crude oil backed loan refinance for NNPC
By Emeka Anaeto The National Economic Council (NEC) has approved a new $4.5 billion refinancing arrangement for NNPC Limited’s $3.3…
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