Business
Stay informed with Nigerian business news, economy updates, markets, startups, and global financial headlines.
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Insurance firms must adhere to prudential standards — NAICOM
Insurance Firms Urged to Uphold Prudential Standards By Emma Ujah, Abuja Bureau Chief ABUJA — The Commissioner for Insurance, Olusegun…
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4.85m customers still unmetered
4.85 Million Customers Remain Unmetred in Nigeria By Ediri Ejoh The Nigerian Electricity Regulatory Commission (NERC) announced that electricity distribution…
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Credit to private sector declines 15% in July
Credit to Private Sector Declines 15% in July 2026 By Elizabeth Adegbesan Credit extended to Nigeria’s private sector fell by…
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Africa needs $200bn yearly energy investment — IPPG
Africa Requires $200 Billion Yearly for Energy Investments, IPPG Chair Says By Udeme Akpan ACCRA, Ghana — Africa needs to…
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Banks’ borrowing drops 89% to N126bn
Central Bank of Nigeria Reports Significant Decline in Bank Borrowing LAGOS, Nigeria — Borrowing by commercial banks from the Central…
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Dangote Refinery secures court orders against NMDPRA
Dangote Refinery Secures Court Ruling Against Regulatory Authority By Innocent Anaba LAGOS — A Federal High Court in Lagos has…
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Nigeria’s GDP grows 4.43% in Q2’26 — NBS
Nigeria’s Economy Grows 4.43% in Second Quarter of 2026, NBS Reports By Elizabeth Adegbesan ABUJA — Nigeria’s economy experienced a…
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Emzor raises N26.7bn bond to boost local drug manufacturing
Emzor Pharmaceutical Industries Secures $19.8 Million Bond to Enhance Local Drug Manufacturing By Yinka Kolawole Emzor Pharmaceutical Industries has successfully…
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Steel imports bleed Nigeria’s economy
Nigeria’s Steel Import Bill Surpasses N1 Trillion Amid Unused Resources at Ajaokuta Steel Complex By Emma Ujah, Abuja Bureau Chief…
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AXA Mansard int’l health plan covers cancer, other chronic conditions
AXA Mansard Launches International Healthcare Plan for Cancer and Chronic Conditions By Rosemary Iwunze Nigerians now have access to a…
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