The National Insurance Commission warns that escalating Middle East conflicts could increase global reinsurance rates, impacting Nigerian insurers reliant on offshore capacity for high-risk underwriting.
The Federal Government has launched an investigation into gas seepage reported in Bille Community, Rivers State, with regulatory agencies and operators working to determine the source and ensure safety.
At its 2026 International Women's Day event, FirstBank Women Network emphasized value creation, collaboration, and mentorship as key to women's leadership in the corporate sector, with speakers highlighting 'structured sisterhood' and the 'Give to Gain' p
Nigerian banks are encouraged to invest in aircraft ownership to boost the economy, reduce foreign exchange outflows, and strengthen domestic financial systems through structured aviation assets.
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The South-West Development Commission (SWDC) has launched the Transformed Communities (TransComs) initiative to address infrastructure deficits and enhance agricultural productivity in rural South-West Nigeria through coordinated improvements.
In workplaces, women often perform invisible emotional labor—managing team dynamics and morale—that goes unpaid and unrecognized, yet is crucial for organizational stability and productivity.
Nigeria's headline inflation rate fell to 15.06% in February 2026, down from 15.1% in January, as per NBS data. However, food inflation surged month-on-month, with states like Kogi and Bayelsa seeing the highest increases, driven by insecurity and transpo
Mixed reactions emerge as Nigeria faces a global oil price surge. Senator Magnus Abe sees strategic opportunities for revenue, while economist Dr. Chijioke Ekechukwu warns low production limits gains, citing OPEC data and budget impacts.
Nigeria's stock market soared as the All-Share Index crossed 200,000 points, with investors gaining nearly N2 trillion in a day, driven by strong demand and broad-based sector gains.
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Taiwo Oyedele has been sworn in as Minister of State for Finance, committing to revenue mobilisation and fiscal sustainability. Meanwhile, Abubakar Bagudu reaffirms Nigeria's $1 trillion economy goal.
Oyo State Government has concluded the final inspection of sites for the NEWMAP-EIB erosion control project, confirming readiness for construction phase implementation across three senatorial districts.
Dangote Industries Limited and China's GCL Group have formalised a $4.2 billion, 25-year natural gas supply agreement to power a major fertiliser production complex in Ethiopia, aiming to boost East Africa's agricultural self-sufficiency.
The U.S.-Israel-Iran conflict has crippled international air travel, causing a 100% surge in airfares and flight cancellations, disrupting over 45% of Nigerian travel and critical medicine supplies.
Whitecrust Investment has announced strategic executive appointments, promoting Ruth Olabode to Business Development Manager and appointing Ademola Ajibade as Chief Financial Officer to drive digital transformation and retail financial services expansion.
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FMDQ Exchange has approved the listing of N9 billion Medium-Term Notes by DLM SPV PLC, marking a milestone in Nigeria's corporate bond market with AAA ratings and premium pricing.
Minister Doris Uzoka-Anite emphasizes that 95% of Nigeria's economic growth must be driven by the private sector, with the government contributing 5%, to achieve a $1 trillion economy by 2030.
Nigerian banks, fintech firms, and creative businesses are expanding operations in the UK, creating hundreds of jobs and investing millions. This surge coincides with President Tinubu's state visit, highlighting strengthened economic ties under the UK-Nig
Nigerian startup TaxStreem unveils a digital platform automating tax calculations and filings for businesses, addressing challenges like fragmented records and complex regulations.
Minister Adegboyega Oyetola announces a £746 million financing agreement with the UK to modernize Apapa and Tin Can Island ports, aiming to enhance Nigeria's maritime trade efficiency.
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A suspected vandal of electricity facilities was electrocuted while attempting to steal cables from a substation in Enugu, with MainPower Electricity Distribution Limited warning of rising infrastructure attacks.
Temi Popoola, CEO of NGX Group, states Nigeria's capital market is undergoing a re-rating as global investors reassess its economic trajectory, driven by strong returns and policy clarity.
Former lawmaker Oghene Egoh calls on the Federal Government to retain the pipeline surveillance contract with indigenous firms, citing improved security and increased oil production.
Senior financial leaders gathered in London for the Africa Capital Forum, discussing Nigeria's economic reforms, capital mobilization, and banking sector transformation to unlock trillion-dollar potential.
Lagos State intensifies consumer protection efforts to combat unsafe products and digital commerce threats, emphasizing safety and transparency for its 23 million residents.
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Lagos State commissions Badagry West electrification project, connecting 51 transformer substations to address power deficits and boost economic activities in border communities.
Bilateral trade between the UK and Nigeria has reached a record £8.1 billion annually, with new investments from banks, fintech, and companies creating hundreds of jobs ahead of President Tinubu's state visit.
Nigerian businesses expanding into the UK are set to create hundreds of jobs and invest millions in financial services, fintech, and creative industries, boosting bilateral ties during President Tinubu's state visit.
Commercial banks across Nigeria will shut their branches on Thursday and Friday as the federal government declares public holidays for Eid al-Fitr celebrations. Customers are advised to use digital banking channels.
The Federal Government has approved electric buses for civil servants to promote cleaner transport and strengthen Nigeria's automotive sector, with charging infrastructure and a new development park in Anambra.
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Plated, a meal-kit startup, secured a $500,000 deal on Shark Tank with Kevin O'Leary, grew rapidly, and was acquired by Albertsons for $300 million in 2017. The subscription service ended in 2019, but Plated now thrives as an in-store culinary brand.
