NOVA Bank Limited has appointed Jude Anele as its Managing Director and CEO, following CBN approval. With over 33 years of banking experience, Anele will lead the bank's growth strategy post-recapitalisation.
German experts at the WACEE conference in Lagos called for a policy shift to transform West Africa's green energy into sustainable livelihoods and investable assets, emphasizing reliable renewable sources and stable regulatory frameworks to attract global
Former Ogun State governors Gbenga Daniel and Olusegun Osoba commended Champion Newspapers Limited for its resilience amid Nigeria's economic challenges at its annual awards in Lagos, honoring over 50 individuals and organizations for excellence.
The Bank of Industry and MTN Nigeria Foundation have unveiled a N1 billion partnership fund to support women-led businesses across Nigeria through the Y’ellopreneur 3.0 programme, providing equipment financing and training for 200 female entrepreneurs.
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The Courier and Logistics Services Staff Association of Nigeria calls for regulatory reforms and palliatives to address escalating fuel prices impacting operational costs and supply chains.
Nigeria's current account surplus fell sharply by 26% to $14.04 billion in 2025, driven by declining oil exports and rising imports, as the Central Bank of Nigeria reports ongoing pressures on external accounts.
Deap Capital Management & Trust Plc has announced a N3 billion strategic investment plan and conversion of N2.03 billion debt to equity to strengthen its financial position and drive sustainable growth.
The Central Bank of Nigeria has issued new guidelines requiring banks, mobile money operators, and other financial institutions to deploy automated anti-money laundering systems to enhance financial crime detection and compliance.
A new S&P Global report projects African nations will borrow $155 billion in 2026, pushing total sovereign commercial debt above $1.2 trillion, driven by refinancing needs and fiscal demands.
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SITA introduces Bag Radar, a cloud-based AI analytics tool that predicts and prevents baggage mishandling at airports like MMIA, enhancing efficiency and passenger satisfaction.
Smartcomply, an Africa-focused compliance tech firm, announced its AI-powered Adhere platform aligns with the Central Bank of Nigeria's new baseline standards for automated anti-money laundering solutions, offering financial institutions a faster complian
The Shipping Association of Nigeria justifies increased maritime service charges as a cost-recovery measure, while freight forwarders protest the hike, warning of higher cargo clearance costs and inflation.
United Bank for Africa and the Nigerians in Diaspora Commission reinforce their collaboration to enhance diaspora-driven investments, leveraging UBA's new banking platform for wealth creation and economic growth in Nigeria.
MTN Nigeria has invested $1 billion in 2025 to boost broadband penetration above 70%, deploying over 2,850 new sites and focusing on hybrid connectivity solutions for rural areas.
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Delta State Governor Sheriff Oborevwori has announced a detailed plan to resolve persistent power issues, including infrastructure upgrades and policy reforms to boost supply and economic growth.
A new report reveals Africa's external debt exceeding $1 trillion is forcing governments to prioritize fossil fuel extraction over health and education, disproportionately impacting women and vulnerable communities.
Nigeria has signed a $496 million dairy investment deal with UK-based Asset Green Ltd to enhance food security, reduce imports, and modernize agriculture. The project includes climate-smart farming and a processing facility.
Energy analyst Samuel Caulcrick explains how the Nigerian Independent System Operator (NISO) will reform the power sector by unbundling TCN, improving grid stability, and addressing demand-side challenges.
Global investors at the Africa Capital Forum in London praised Nigeria's economic reforms, noting improved transparency and stability, while urging a shift towards sustainable long-term investments to boost growth.
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Experts and LAWMA officials call for improved waste infrastructure, resident cooperation, and sustainable practices to tackle Lagos's waste management challenges.
LG Electronics has deepened its community engagement during Ramadan by providing Iftar meals in mosques and centers, alongside customer rewards and appliance promotions to support Muslim faithful across Nigeria.
LG Electronics has deepened its Ramadan community engagement in Nigeria, providing Iftar meals in mosques and centers while rewarding customers with promotions and appliances to foster unity during the holy month.
The Nigerian Railway Corporation has introduced special Eid-el-Fitr train services with extra trips on Lagos-Ibadan and Abuja-Kaduna routes, plus a free Iddo-Osogbo service in partnership with Osun State.
Nigeria's banking sector has raised nearly ₦2.5 trillion in recapitalisation, with 25 of 38 banks meeting new requirements. Stakeholders now shift focus to deploying funds into productive sectors like MSMEs and infrastructure.
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As Q1 2026 unfolds, Nigerian employees are making critical career decisions based on daily workplace experiences, shifting focus from policies to practical improvements.
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Nigerian billionaire Abdulsamad Rabiu's net worth surges to $11.2 billion, making him Africa's third richest man. Explore his journey from Kano to building the BUA Group empire in cement, sugar, and consumer goods.
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Analysis of Nigeria's expensive airfares reveals forex crisis, high fuel costs, multiple taxes, and infrastructure challenges as primary drivers, with no relief expected soon.
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Residents and businesses in Amuwo-Odofin, Lagos, may experience a four-month power outage as TCN and Ikeja Electric begin maintenance on a 132kV substation, aiming to improve infrastructure reliability.
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Pressdia, Africa's digital PR marketplace, celebrates its first anniversary after helping over 1,000 businesses distribute press releases to 20,000+ media outlets worldwide, enhancing visibility for African companies.
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MJD Oilfield Services Ltd., in partnership with NCDMB and Renaissance Africa Energy, has launched a 12-month training programme for 33 Nigerian engineering graduates in pipeline pigging and corrosion control.
