Business
Stay informed with Nigerian business news, economy updates, markets, startups, and global financial headlines.
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FAAC shares N2.43trn among FG, states, LGs
FAAC Distributes N2.428 Trillion Amid Declining Tax Collections By Emma Ujah The Federation Account Allocation Committee (FAAC) has allocated N2.428…
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AIICO advances maternal health through outreach
AIICO Insurance Partners with HACEY Health Initiative for Maternal Health Outreach in Ikorodu By Rosemary Iwunze AIICO Insurance Plc, in…
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Nigeria’s inflation rate drops to 14.63%
The headline inflation rate decreased by 0.76 percentage points in September, falling to 14.63% from 15.39% in August 2026. This…
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CBN’s rate cut appropriate, monetary stance still tight — IMF
International Monetary Fund Endorses Nigeria’s Monetary Policy Adjustments BANGKOK, Thailand — The International Monetary Fund (IMF) has expressed support for…
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Cardoso: Why CBN took market by surprise on interest rate
By Babajide Komolafe, Economy Editor BANGKOK, THAILAND — The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, addressed…
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W/Bank mobilises $5.79bn private capital for Nigeria
World Bank Group Mobilizes $5.79 Billion for Investments in Nigeria By Emma Ujah, Abuja Bureau Chief The World Bank Group…
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NNPC’s 2026 revenue hits N28.5trn, jumps 21% in August
By Obas Esiedesa, Abuja The Nigerian National Petroleum Company Limited (NNPC) has reported a cumulative revenue of 28.54 trillion naira…
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Nigeria’s debt interest payments surge 37.5% to N7.7trn in H1’26 — World Bank
By Yinka Kolawole with Agency Report Nigeria’s interest payments on debt increased by 37.5 percent to 7.7 trillion naira in…
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IPO: Dangote Petroleum Refinery extends offer period by two weeks
By Peter Egwuatu Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has received approval from the Securities and Exchange Commission (SEC)…
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Nigeria primed to be Africa’s industrial powerhouse— Ex-UNIDO DG
Former UNIDO Chief Calls for Strategic Action to Elevate Nigeria’s Industrial Sector By Yinka Kolawole LAGOS — Dr. Kandeh Yumkella,…
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