Business & Economy

Nigeria’s recent $1.5 billion funding deal with a United Arab Emirates bank might have provided some short-term relief for foreign exchange pressures but the deal presents potential…
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Nigeria’s financial system has been under the shadow of regulatory warnings, weak enforcement and recurring compliance failures for years. But with the recent wave of sanctions by…
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The Ekiti state government has approved the release of N55.6 million grants to 177 entrepreneurs picked from across the state under the Innovation Enterprise Support Fund (IESF) to…
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The Senate has distanced itself from the arrest warrant issued by its Committee on Public Accounts against the immediate Group Chief Executive Officer of the Nigerian National Petroleum…
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Key players in Nigeria’s digital ecosystem have raised concerns over the country’s growing dependence on foreign digital infrastructure, warning that Nigeria loses about $850 million…
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Nigeria's nuclear and oil watchdogs are forming a new alliance in an effort to address regulatory overlap. According to Mrs. Oritsemeyiwa Eyesan, Commission Chief Executive of the…
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Nigeria, with the largest proven gas reserves and increasing production in Africa, is facing a shortage of Liquefied Petroleum Gas (LPG) popularly known as cooking gas. The shortage…
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Nigeria has received several funding offers from investors and institutional lenders, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said. In an…
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The Central Bank of Nigeria mopped up N1.945 trillion from the financial system in its May 29, 2026 Open Market Operations (OMO) auction as it sought to sterilise excess liquidity ahead…
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The Nigeria Employers’ Consultative Association (NECA) has stated that businesses across the country are yet to fully benefit from the ongoing economic reforms by the Federal…
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