Mobile network operators have been mandated by the Nigerian Communications Commission to reimburse subscribers in regions where the quality of the network is subpar. Affected consumers would receive airtime credits based on their average spending patterns and their location in…
The Central Bank of Nigeria (CBN) has officially restricted banking services for “chronic defaulters” and large-ticket obligors with non-performing loans. Following comments made by CBN Governor Olayemi Cardoso at the 4th Annual IMF/AFRITAC West 2 High-Level Executive Forum in Abuja,…
CBN Governor Olayemi Cardoso confirms 32 banks have surpassed recapitalization targets ahead of deadline The Nigerian financial sector is witnessing a historic transformation as Governor Olayemi Cardoso announced that 32 banks have already met the Central Bank of Nigeria’s (CBN)…
Tax reform to create opportunities and promote fairness: Minister Wale Edun’s vision for Nigeria The Nigerian economic landscape is currently at a pivotal crossroads, necessitating a bold reimagining of how we generate and distribute national wealth. In a recent address…
Aliko Dangote, the chairman and CEO of the Dangote Group, has cautioned that if the conflict does not subside, Nigeria and other African nations may be forced to implement Covid-era work-from-home regulations. Following a meeting with President Bola Tinubu at…
NNPC projects a 100,000 bpd crude oil production increase to bolster Nigeria’s 2026 energy output The Nigerian National Petroleum Company Limited (NNPC) has signaled a significant turning point for the nation’s energy sector, announcing a projected increase in crude oil…
Nigeria records $31.54 billion in crude oil export revenue for the 2025 fiscal year Nigeria’s economic landscape has received a significant boost as official data confirms that the nation earned a staggering $31.54 billion from crude oil exports throughout 2025.…
Global energy markets on edge as Trump issues 48-hour ultimatum to Iran The world is currently holding its breath as a major geopolitical crisis unfolds in the Middle East, with direct implications for the global economy and Nigeria’s fiscal stability.…
The Tony Elumelu Foundation (TEF) has disclosed plans it will disburse over $16 million to support 3,200 young African entrepreneurs across all 54 countries on the continent in 2026, as the organisation expands partnerships and scales its flagship entrepreneurship programme.…
Federal Government and state authorities grant pardon to over 8,300 inmates to facilitate prison decongestion Addressing the perennial crisis of overcrowding in Nigerian custodial centers The Nigerian correctional system has long been under intense scrutiny due to the sheer volume…
Job Title: National Sales Manager Department: Sales (Traditional Trade Non-Food Business) Industry: FMCG Distribution Industry Location: Lagos, Nigeria Salary : 800k – 1M Net Job Summary The National Sales Manager (Traditional Trade Non Food Business) is responsible for driving sales…
Some Nigerian filling stations have reportedly reduced petrol prices amid crude oil price volatility. According to the sources, fuel pump rates at Ranoil and Sharon filling stations in Abuja and the surrounding areas were lowered from N1,300 to N1,280 per…
Africa’s stablecoin boom: Reshaping the future of the continental financial system The African financial landscape is currently undergoing a quiet but profound revolution, driven not by traditional banking giants, but by the rapid adoption of stablecoins. As we navigate the…
For the first time since May 2022, the price of Brent crude oil increased by 6.24 percent on Thursday to $114.08 per barrel. US West Texas Intermediate crude oil rose by 0.97 percent to $96.33 a barrel. The event came…
Naira hits N1,345 as local currency gains momentum against the dollar The Nigerian financial landscape is currently witnessing a breath of fresh air as the local currency, the Naira, recorded a significant appreciation against the United States dollar. On Wednesday,…
