NNPC to List Shares on London, New York Exchanges
NNPC Limited announces plans for a public listing on major global exchanges, including the New York and London Stock Exchanges, to boost transparency and investor confidence in Nigeria's oil sector.
Category : Business
CBN Recapitalisation Deadline Hits: Four Banks Under Pressure
Nigeria's banking sector faces a critical recapitalisation deadline with four banks struggling to comply while the industry has raised over N4 trillion. Experts warn stronger banks don't guarantee economic growth without supporting the real sector.
Nigerian Pilots: Abroad vs Home Career Comparison
A comprehensive analysis of Nigerian pilots working internationally versus domestically, examining salary differences, tax implications, work hours, career progression, and lifestyle factors.
MTN XtraBuy Guide: Instant Airtime and Data Payments
Discover MTN XtraBuy, a convenient service enabling instant airtime and data purchases via bank USSD, cards, or transfers, with personalized low-balance alerts and no extra fees.
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NPA Upgrades Onne, Warri, Calabar Ports for Cargo Growth
The Nigerian Ports Authority announces major investments in Eastern ports to drive cargo traffic, streamline exports, and implement automation for economic growth.
Nigeria Loses N28 Trillion in Oil Revenue Despite Boom
An economic expert reveals Nigeria missed N28.3 trillion in annual revenue due to low oil production during the Iran war price surge, highlighting systemic failures in the sector.
Dr. Oladele Alabi Elected 24th President of CIBN
The Chartered Institute of Bankers of Nigeria elects Dr. Oladele Alabi as its 24th President, with new officers announced at the 2026 AGM, focusing on financial inclusion and global impact.
Investors Shun Rental Housing Amid Opportunities in Nigeria
Despite high demand for affordable rental homes in Nigerian cities, investors are turning away from residential rental developments due to structural challenges, preferring quicker-return projects like built-to-sell and short-lets.
Dangote Cement Plants Trees, Gives Seedlings for Forests Day
Dangote Cement's Transport Unit in Obajana has planted hundreds of trees and distributed seedlings to 13 schools to mark the 2026 International Day of Forests, emphasizing environmental sustainability.
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Conservationists Push to Save Migratory Fish from Extinction
A new UN report reveals an 81% decline in migratory freshwater fish populations over 50 years, urging global action against dams, pollution, and overfishing.
Chinese Firms Get Licenses for Coal Power, Cement in Edo
Edo State has licensed Chinese companies to generate electricity from coal and produce cement, aiming to boost power supply and revenue while curbing illegal mining.
Surveyors Warn Against Encroachment on Cost Management
The Nigerian Institute of Quantity Surveyors has cautioned other built-environment professionals against encroaching on cost management, insisting it remains the core responsibility of quantity surveyors.
Mid-Sized Firms Scramble for July E-Invoicing Deadline
Thousands of Nigerian mid-sized businesses face a narrowing window to implement e-invoicing systems before the July 2026 deadline, with concerns about readiness, revenue disruption, and audit risks mounting as enforcement looms.
Infrastructure Investment Urged to Ease Nigeria's Urban Pressure
Real estate expert Chudi Ubosi advocates for increased investment in infrastructure and reforms to the Land Use Act to address Nigeria's housing crisis and reduce pressure on urban centres.
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Nigeria's FDI Drops to $2.15bn Amid $44.76bn Inflow
Nigeria attracted only $2.15 billion in foreign direct investment out of $44.76 billion total capital importation from 2022 to 2025, with portfolio investments dominating at $31.7 billion, raising concerns over economic volatility and reliance on hot mone
Insurance Growth High but GDP Impact Low in Nigeria
Despite strong growth rates, Nigeria's insurance industry contributes minimally to GDP, highlighting structural issues like low penetration and weak enforcement of compulsory insurance.
APWB Drives Financial Inclusion and Gender Equity in Nigeria
Stakeholders at the APWB Annual Women's Marquee Event call for inclusive financial systems, innovation, and gender equity, emphasizing women's role in shaping finance.
NCC Orders Compensation for Poor Network Services
The Nigerian Communications Commission directs mobile network operators to provide airtime credits to subscribers experiencing substandard services, aiming to enhance consumer protection and service reliability.
Airlines, Agencies Disagree Over N1 Billion ADM Losses
Nigerian travel agencies and foreign airlines are at odds over Airline Debit Memos, with agencies claiming N1 billion in annual losses and accusing airlines of anti-competitive practices.
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Lagos Housing Crisis: Rent Violations, Weak Regulation Persist
A new report reveals landlords in Lagos demand up to two years' rent in advance, flouting regulations, amid systemic housing market distortions and poor-quality housing stock.
Insurance Leaders Seek Presidential Support to Cut Red Tape
Nigerian insurance stakeholders call for urgent presidential intervention to remove structural bottlenecks and enforce policies, aiming to deepen low penetration and align with national economic goals.
Naira Dips to N1,380.58/$ as Global Tensions Persist
The Nigerian naira depreciated to N1,380.58 per dollar at the official market, with a 1.93% weekly decline, driven by sustained foreign exchange demand outpacing supply. This occurred despite rising oil prices above $98 per barrel and elevated system liqu
Tinubu's Reforms Reset Nigeria's Economic Future
President Bola Tinubu's ambitious structural reforms, including fuel subsidy removal and foreign exchange unification, are transforming Nigeria's economic foundations to foster sustainable growth and global competitiveness.
Jet Blast Damages United Nigeria Plane at Lagos Airport
A United Nigeria Airline Embraer 190 aircraft was damaged by a jet blast at Lagos Airport, forcing its withdrawal from service for safety inspections and causing flight disruptions.
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BoI Secures €50m EIB Loan for Nigeria Healthcare Funding
The Bank of Industry has obtained a €50 million facility from the European Investment Bank to finance Nigeria's healthcare and pharmaceutical businesses, supporting local manufacturing and supply chains.
Mining Reform: Nigeria's Path to Peace and Economic Stability
Recent research reveals that banning mining in conflict zones worsens insecurity. Instead, professionalizing artisanal mining and harmonizing governance can turn the sector into a cornerstone of national stability and peace.
BENCCIMA Links Edo Farmers to Global Market via 2026 Fair
The Benin Chamber of Commerce, Industry, Mines and Agriculture (BENCCIMA) announces the Edo State 2026 Trade Fair will bridge gaps for local farmers and producers to access global markets, focusing on export promotion and SME development.
CPPE Calls for Real Sector Focus After Bank Recapitalisation
The Centre for the Promotion of Private Enterprise warns that Nigeria's banking sector remains weakly linked to the productive economy despite successful recapitalisation, urging reforms to boost credit flow to SMEs and key sectors.
Investors Gain N29 Trillion in Q1 as Nigerian Stock Market Rallies
The Nigerian Exchange Limited recorded unprecedented gains in Q1 2026, with market capitalisation rising by N29 trillion. Strong corporate earnings and improved macroeconomic conditions fueled investor confidence across key sectors.
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Keystone Bank USSD Codes 2026: Full Guide & How to Use
Discover all Keystone Bank USSD codes for 2026, including how to register, check balances, transfer money, and troubleshoot issues. Learn about the bank's mobile services and customer support options.
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