Business news
FG Projects N60.97tn Oil Revenue for 2026 on Lower Price, Production Assumptions
The Federal Government has projected oil revenue of about N60.97 trillion for the 2026 fiscal year, reflecting a more conservative outlook compared...
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No Bank Is Shutting Down: Nigerian Banks Remain Safe and Sound – ACAMB
The Association of Corporate Communication & Marketing Professionals in Banks (ACAMB) has dismissed as false and misleading a viral Instagram...
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FCCPC lifts seal on Ikeja Electric headquarters after compliance pledge
The Federal Competition and Consumer Protection Commission (FCCPC) has lifted the seal placed on the headquarters of Ikeja Electric Plc...
Read moreFG spends nearly 72% of revenue on debt servicing in seven months
The Federal Government devoted nearly three-quarters of its total revenue to debt servicing in the first seven months of 2025,...
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Nigeria attracts $9.88bn investment commitments, creates over 5,000 jobs in 2025
Nigeria attracted investment commitments valued at about $9.88bn in 2025, with projects facilitated by the Nigerian Investment Promotion Commission (NIPC)...
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Nigeria’s trade with ECOWAS jumps 43% to N6.9tn in nine months
Nigeria’s trade with other member states of the Economic Community of West African States (ECOWAS) rose by 43 per cent...
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PenCom extends pension industry recapitalisation deadline to June 2027
The National Pension Commission (PenCom) has extended the deadline for the recapitalisation of pension industry operators to June 2027, shifting...
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Supreme Court Rules in Favor of Fidelity Bank, Orders Judgment Debt Paid in Naira
A five-man panel of the Supreme Court, led by Justice Lawal Garba, has ruled in favor of Fidelity Bank in...
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Dangote Alleges NMDPRA CEO Spent $5 Million on Children’s Swiss Schooling, Calls for Investigation
Founder and President/Chief Executive of the Dangote Group, Aliko Dangote, has accused the Chief Executive Officer of the Nigerian Midstream...
Read moreNigeria’s Pension Assets Hit ₦26.66tr in October on Strong Money Market, Equity Gains
Nigeria’s total pension assets rose to ₦26.66 trillion in October 2025, representing a 2.19% month-on-month increase from ₦26.09 trillion recorded...
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