Business
Stay informed with Nigerian business news, economy updates, markets, startups, and global financial headlines.
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FG to unveil power sector scorecards, may sanction underperforming DisCos, GenCos
The Federal Government of Nigeria is poised to implement performance scorecards for operators within the nation’s electricity value chain. Under…
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Naira down to N1,405/$ in parallel market
Naira Depreciates in Parallel Market, Appreciates in Official Exchange By Elizabeth Adegbesan The Naira experienced a slight depreciation in the…
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Experts seek reforms to unlock poultry industry’s potential
By Kafayat Kokumo Experts are advocating for reforms, increased investment, innovation, and enhanced collaboration among stakeholders to unlock the full…
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Wage bill, other spending exceed subsidy savings — Oyedele
Federal Government Clarifies Economic Impact of Subsidy Removal By Emma Ujah, Abuja Bureau Chief ABUJA — The Federal Government has…
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NAICOM revokes Universal Insurance’s licence, appoints receiver
By Innocent Anaba The National Insurance Commission (NAICOM) has revoked the license of Universal Insurance Plc, appointing a receiver and…
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Don’t dismiss US 2026 Fiscal Transparency Report, BudgIT tells FG
By Emma Ujah, Abuja Bureau Chief BudgIT, a civic-tech organization focused on enhancing transparency and accountability in Nigeria’s public finance,…
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CBN’s Sidi-Ali wins 2026 NSA Award
By Emma Ujah, Abuja Bureau Chief Mrs. Hakama Sidi-Ali, the Acting Director of Corporate Communications at the Central Bank of…
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How 24 firms control over 70% of Nigeria’s stock market
Nigerian Exchange: Top 24 Companies Account for 74.8% of Market Capitalization As of August 17, 2026, twenty-four companies have emerged…
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Imports choke textile industry, rise to N1.1trn in two years
Nigeria’s Textile Industry Faces Crisis Amid Rising Imports By Yinka Kolawole Nigeria’s reliance on imported textiles has surged dramatically, with…
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Tax Ombud set to launch taxpayer’s bill of rights, obligations
By Emma Ujah, Abuja Bureau Chief The Office of the Tax Ombud (OTO) plans to introduce a Taxpayer’s Bill of…
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