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Category: Business
28 ships laden with petroleum, other commodities set to arrive Lagos ports
No fewer than 28 ships laden with petroleum products, commodities and other goods are expected to arrive Apapa, Tin-Can Island and Lekki Deep Sea ports…
71% Nigerians find banking app support ineffective – Report
A new industry report has revealed that 71 per cent of Nigerians consider in-app support on banking applications ineffective, highlighting persistent usability challenges in the…
Naira could hit N1,100 to $1 in 2026, says Dangote
The Aliko Dangote, Chairman of the Dangote Group, has predicted a significant strengthening of the naira, saying the currency could reach N1,100 to a dollar…
Tinubu calls for fairer African financial system
President Bola Tinubu has called for a fairer global financial system, arguing that African countries face disproportionately high borrowing costs due to what he described…
NNPCL announces $4.26bn profit in 2025
Nigeria’s state-owned oil company, the Nigerian National Petroleum Company (NNPC), has reported an after-tax profit of $4.26 billion for 2025. In figures released on Wednesday,…
NDIC insures 99% depositors, urges BVN linkage
The Nigeria Deposit Insurance Corporation (NDIC) has said that about 99 per cent of depositors in Nigerian banks are fully covered under its enhanced deposit…
Nigeria gets AU bank board seat
Nigeria has secured a permanent seat on the Board of the African Central Bank following deliberations at the 39th Session of the Executive Council of…
FG targets 15 million households for cash support — Minister
The Federal Government says about 15 million vulnerable households have been captured in its Benefit Register for conditional cash assistance being implemented in partnership with…
Arik Air flight makes emergency landing at Benin Airport
The Nigerian Safety Investigation Bureau (NSIB) says an Arik Air Boeing 737-7GL aircraft, registration 5N-MJF, operating a scheduled domestic flight from Lagos to Port Harcourt,…
FG orders NAFDAC to suspend action on sachet alcohol ban
The Federal Government has directed the National Agency for Food and Drug Administration and Control (NAFDAC) to immediately suspend all enforcement actions relating to the…