Nigeria’s energy landscape is shifting as the Dangote Petroleum Refinery prepares to supply 60 to 65 million litres of petrol (PMS) daily—enough to...
Nigeria’s apex bank has lowered its benchmark Monetary Policy Rate by half a percentage point, bringing it down from 27 per cent to...
Nigeria’s Central Bank has warned that the rapid expansion of private digital payments and stablecoins could destabilize foreign exchange markets and trigger significant...
Billionaire industrialist Abdulsamad Rabiu saw his net worth surge to an estimated $12.3 billion by February 18, 2026, driven by a wave of...
United Bank for Africa (UBA) Chairman Tony Elumelu has declared that Nigeria’s foreign exchange challenges are now a thing of the past. Speaking...
Africa’s Global Bank, United Bank for Africa (UBA), has announced the appointment of Loknath Mishra as Chief Executive Officer of UBA UK. The...
Backed by a successful capital raise, First HoldCo Plc finished 2025 with a stronger balance sheet and better asset quality. The company’s unaudited...
Femi Otedola, group chairman of First HoldCo Plc, has increased his stake in the financial holding company to 18.12%. This move solidifies his...
The Tony Elumelu Foundation (TEF) has opened applications for the 2026 TEF Entrepreneurship Program, calling ambitious young founders from all 54 African countries...
The operating licences of Aso Savings and Loans Plc and the Union Homes Savings and Loans Plc have been revoked, according to the...
Nigeria’s foreign reserves have reached a seven-year high of $46.7 billion, providing approximately 10.3 months of import cover, according to Central Bank of...
The Central Bank of Nigeria (CBN) has removed the limit on cash deposits and increased the weekly cash withdrawal limit across all channels...
By Bolaji Israel Seth Godin, an American author, entrepreneur and one of the world’s most influential business thinkers said: “A great brand always...
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has decided to maintain the country’s monetary policy rate (MPR) at 27%. Apex bank’s...
Nigeria’s economic transformation will be driven by homegrown entrepreneurs, not government handouts or foreign aids, according to Tony Elumelu, Chairman of the United...
The British pound sterling has reached approximately ₦2,065.96 in the Nigerian market, according to current online currency conversion services. This rate serves as...
