Business news
UBA UK and British International Investment Sign Letter of Intent to Expand Trade Finance in Africa
United Bank for Africa (UK) Limited and British International Investment (BII) have signed a letter of intent to explore trade...
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Investors Urged to Vet Fintech Founders, Metrics Before Funding Nigeria Startups
Chief Financial Officer at Kora, Ayodeji Solomon Osisami, has outlined key considerations investors must assess before committing funds to Nigeria’s...
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Fidelity Bank Plc Empowers Women Entrepreneurs with Tools, Skills in ‘Give to Gain’ Initiative
Fidelity Bank Plc has unveiled a comprehensive support series aimed at equipping women with the tools and skills needed to...
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SEC Raises Capital Requirements for Market Operators
The Securities and Exchange Commission (SEC) has announced a sweeping increase in the minimum capital requirements for all Capital Market...
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MTN Nigeria Records N1.1tn Profit, Signals Strong Digital Economy Recovery
MTN Nigeria has reported a remarkable N1.1 trillion profit for the 2025 financial year, marking a sharp turnaround from the...
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NGX Loses N900bn as Profit-Taking Pushes Market Below N130tn
The Nigerian Exchange Limited recorded a slight downturn on Wednesday as investor caution and profit-taking activities dragged market capitalisation below...
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Transcorp Hits N4.87tn Market Value, Promises Record Dividends to Shareholders
Transnational Corporation Plc has announced a historic combined market capitalisation of N4.87tn ($3.57bn) as of March 16, 2026, signaling its...
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Imported Petrol Cheaper Than Domestic, Vessels Deliver 156M Litres Amid Rising Prices
The landing cost of imported petrol in Nigeria is currently N94.53 cheaper than the domestic gantry price, according to the...
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EFCC Returns Nearly N4 Billion to NNPCL Following Fraud Recovery
The Economic and Financial Crimes Commission (EFCC) has handed over almost N4 billion recovered from fraudulent activities to the Nigerian...
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PwC Nigeria, Lagos Business School Partner to Boost ESG Compliance
PwC Nigeria and Lagos Business School have entered into a strategic partnership to enhance environmental, social, and governance (ESG) compliance...
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