FCCPC Licensing Under Court Orders Sparks Credibility Questions
Analysis of FCCPC licensing five airtime credit firms while under court injunction, questioning regulatory process and investor confidence in Nigeria.
Category : Business
2026 Hajj: Arafat Sermon in Yoruba, Hausa, 33 Languages
Saudi authorities will translate the 2026 Arafat Day sermon into 35 languages, including Yoruba and Hausa, to reach millions of non-Arabic speaking Muslims worldwide.
Musk Could Be First Trillionaire, Dangote Wealth Rises
Elon Musk could become the world's first trillionaire if SpaceX IPO hits $2 trillion valuation. Aliko Dangote's net worth rises to $36.7 billion.
IWG, Alternative Bank partner to expand office spaces for startups
IWG partners with Alternative Bank to provide affordable, flexible office spaces for startups across Nigeria, with new locations in Abuja and plans for expansion to Jos and Maiduguri.
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Otedola Commits $100 Million to Dangote Refinery
Billionaire Femi Otedola announces readiness to invest $100 million in Dangote Refinery's private placement ahead of its September 2026 IPO.
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Quickteller Travel's IATA Approval Boosts Africa Travel Payments
Quickteller Travel receives IATA certification, enhancing trust and efficiency in Africa's travel payments. This milestone signals international compliance and reliability.
S&P Upgrades Seven Nigerian Banks on Reforms
S&P Global Ratings upgraded seven Nigerian banks to 'B' with stable outlooks, citing economic reforms and recapitalisation. Return on equity projected at 20-23% by 2026.
Man Abandons N1k in PiggyVest, Finds Over N4k After 5 Years
A Nigerian man who left N1k in his PiggyVest account in 2020 was shocked to find over N4,205.98 in 2026, highlighting the power of compound interest.
N1.17 Trillion VAT at Risk Over Supplier E-Invoicing Compliance
Nigeria's July e-invoicing deadline could jeopardize N1.17 trillion in manufacturer VAT if suppliers fail to comply, warns tax expert Olumide Akinsola.
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Experts Seek Stronger Tax Incentives for Nigeria Startups
Stakeholders urge better implementation of tax incentives under Nigeria Startup Act to attract investment, support innovation, and drive economic growth.
PAC Capital Secures Seven International Awards
PAC Capital Limited wins seven international awards from Gazet International and World Business Outlook, recognizing its leadership in investment banking and capital markets in Nigeria and Africa.
BO Properties Delivers Project Rio, Boosts Lagos Shortlet Market
BO Properties hands over fully furnished Project Rio apartments in Ikeja, Lagos, featuring luxury amenities and modern smart home technology.
Supacash Launches Group Wallets for Shared Finances
Supacash unveils Group Wallets, a shared wallet system for friends, families, and groups to manage finances collaboratively, targeting Nigeria's growing fintech market.
CBN: Naira Stability Market-Driven, Not Artificially Propped Up
CBN Governor Cardoso explains that the naira's recent stability is due to FX reforms and increased liquidity, with minimal central bank intervention at 1.2-1.3% of market turnover.
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Skyewise Group Hires Nedu Wazobia as Brand Ambassador
Skyewise Group has announced popular OAP Nedu Wazobia as its brand ambassador to promote its financial services and expand its presence across Nigeria.
Otedola Commits $100M to Dangote Refinery Private Placement
Billionaire Femi Otedola commits $100 million to buy a stake in Dangote Refinery's private placement ahead of its September 2026 IPO, valuing the refinery at $40-50 billion.
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US to Support 1,500 Mobile Base Stations in Nigeria, Others
The USTDA plans to deploy 1,500 mobile base stations across Nigeria, Benin, Ghana, and Côte d’Ivoire to improve broadband access in underserved rural communities.
SROL Wins Three Awards at Solid Minerals Excellence Awards
Segilola Resources Operating Limited won three major awards at the inaugural Solid Minerals Excellence Awards in Abuja, including Gold Mining Company of the Year and Outstanding Gold Producer of the Year.
Dangote Refinery IPO: How to Buy Shares as Launch Date Set
Dangote Refinery IPO set for September 2026. Aliko Dangote confirms investor interest nears $2 billion. Femi Otedola plans $100 million investment. Learn how to buy shares.
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Naira Holds Firm Against US Dollar as CBN Retains Interest Rate
Nigeria's naira closes at N1,373.34 per dollar, CBN retains benchmark rate at 26.5%, external reserves rise to $49.49 billion, boosting investor confidence.
Dangote Refinery Aims for $2 Billion Private Placement
Aliko Dangote announced the Dangote Refinery is targeting nearly $2 billion through a private placement ahead of its planned IPO, with strong investor interest already exceeding expectations.
Nigerians Seek Faster Bitcoin to Naira Withdrawals
Nigerians increasingly demand faster bitcoin-to-naira conversion and withdrawal systems as crypto adoption expands in business, freelance, and cross-border transactions.
Africa at Risk Without Modern Ports – Dantsoho
Dr. Abubakar Dantsoho warns Africa cannot achieve economic growth with obsolete ports, urging investment in modern, deep-sea facilities and technology to compete globally.
SpaceX Files for IPO, Could Make Musk Trillionaire
SpaceX has filed for a public stock offering, potentially the biggest IPO in history. The company disclosed financials, including $18.7B revenue and $4.9B loss in 2025, with heavy AI investments.
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One Year After Using PalmPay, Kano Trader Praises Fintech Platform
A Kano trader shares how PalmPay's Women Empowerment Program helped her transform her business with digital banking, POS terminals, and real-time transaction tracking.
Top 10 Real Estate Companies in Nigeria 2026
Discover Nigeria's top 10 real estate companies ranked by delivery, quality, and investor confidence. From Mshel Homes to Urban Shelter, explore leading developers.
Nigerian Man Goes From Losing Savings to Making Millions in Canada
A Nigerian man who lost his life savings in Canada shares his journey from hardship to building a business that generated over $1 million in revenue.
Otedola Invests $100M in Dangote Refinery Before IPO
Billionaire Femi Otedola announces $100 million investment in Dangote Petroleum Refinery ahead of its landmark IPO, signaling confidence in Nigeria's energy future.
CBN Reviews Bank Alerts, Charges for Customer Relief
The Central Bank of Nigeria is working with commercial banks to review excessive transaction alerts and multiple debit notifications, aiming to improve customer complaint resolution and transparency.
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Nigeria Textile Revival Aims for 1.5 Million Jobs
Nigeria's government is reviving the textile industry, targeting 1.5 million jobs after cotton production dropped to 10,000 metric tonnes. A pilot project produced 10,000 local T-shirts.
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