With weeks to the March 31, 2026 deadline, 22 of Nigeria's 34 banks have met the CBN's new capital requirements. Discover which banks are safe and how mergers are reshaping the industry for stability and growth.
EKEDC has downgraded seven Lagos feeders, moving some customers from Band A to Band E and slashing daily power supply to as low as four hours. Discover the affected areas and the public outcry.
Access Bank partners with Visa to launch a new Corporate Credit Card for medium & large Nigerian businesses. It offers a 45-day interest-free period and digitizes expense tracking via the Visa Spend Clarity platform.
NNPC slashes diesel prices in Abuja, Lagos & other states, offering cost relief. Get the latest rates & NBS data on regional price variations across Nigeria.
The NDIC has announced a second liquidation dividend of N24.3 billion for Heritage Bank depositors with balances over N5 million. Learn about the payout rate and future recovery prospects.
A fierce petrol price war is reshaping Nigeria's fuel market as independent marketers slash prices below Dangote's N739 rate. Discover how this battle for customers is impacting motorists and the industry's future.
Fidelity Bank Plc has successfully raised its capital base to N564.5bn, crossing the CBN's N500bn threshold for international banks. Discover how the recapitalisation race is reshaping Nigeria's banking sector with the March 2026 deadline looming.
Only 18 out of over 50 insurers are ready for NAICOM's capital verification ahead of the July 30 deadline. The exercise aims to strengthen the sector and boost claims payment. Read more.
The NDIC announces a second liquidation dividend of N24.3bn for Heritage Bank depositors with balances above N5m. Learn how to claim your funds and what it means for the liquidation process.
Nigeria's historic tax reforms replace colonial-era laws, but public trust is undermined by deep-rooted corruption and fears of fund mismanagement. Can Tinubu's government convince citizens?
New NCC data exposes a severe fibre cut crisis, with over 19,000 incidents in 8 months. Telecoms lose N27bn, disrupting banking, healthcare & security nationwide. Read the full report.
Lagos plans electric ferries to cut fares, while the Federal Government urges a ban on unsafe wooden boats after tragic accidents. Read the latest on Nigeria's water transport safety.
Nigeria's luxury real estate is projected for steady growth in 2026, fueled by diaspora inflows and wealth concentration. Discover key trends in Lagos and Abuja.
Nigeria's new tax reforms trigger market chaos as traders exploit confusion, imposing arbitrary price increases. Experts warn of gaps and unintended consequences. Read the full analysis.
Dele Oye identifies key flaws in Nigeria Tax Act 2025, including a low rent relief cap and restrictive forex deductions, warning of implementation challenges. Read the full analysis.
Eterna Plc has opened a N21.52 billion rights issue to fund its downstream expansion and strengthen its balance sheet. The offer closes on February 18, 2026. Read the full details.
Federal Government allocates N87.3 billion to Aviation Ministry in 2026 budget, a drop from 2025. Key projects include airport upgrades and a new Aerospace University. FAAN and NCAA are excluded as revenue-generating agencies. Read the full breakdown.
Nigeria's app-based transport union, AUATON, demands inDrive refund alleged illegal 7.5% VAT deductions from drivers' earnings. Calls for FIRS investigation and policy review.
NCF's Dr. Joseph Onoja analyses COP30 outcomes for Nigeria, highlighting climate finance, the Tropical Forest Forever Facility, and a just energy transition. Read how Nigeria plans to act.
Nigerian insurance operators warn that a proposal to grant foreign insurers tax exemptions on local premiums could cripple domestic firms and undermine industry reforms. Read the full analysis.
Olu of Warri, Ogiame Atuwatse III, warns Chevron and other oil companies that peace is unsustainable without justice after six decades of impoverishing host communities. Read the full story.
Wema Bank Plc has launched an upgraded version of its ALAT digital banking platform, featuring voice commands and contactless payments. Discover the new smart features.
How Jesse Cole turned a $4 million net worth into a $500 million entertainment empire with the Savannah Bananas. Discover the story behind Banana Ball and his family.
Nigeria launches the Biodiversity Finance Initiative (BIOFIN) to mobilise public and private investments against an estimated $500 billion yearly loss from biodiversity decline. Learn how this partnership aims to align economy with conservation.
Despite over a decade of support, non-interest banks in Nigeria account for a mere 1.7% of the sector. An expert blames low awareness and misconceptions. Read more on the future of ethical finance.
The Nigerian equities market surged in the second week of 2026, with market cap rising by N3.84 trillion. Discover the top gainers and sector performance driving this rally.
The Nigerian stock market closed higher this week, with the ASI gaining 1.92% and market cap hitting N99.9tn. Investors traded 7.8bn shares worth N134.5bn. Read the full analysis.
The Federal Government calls on states to ban unsafe wooden boats for water transport, advocating for modern fibre and aluminium alternatives to prevent tragic accidents. Read more.
The Federal Government launches the InnovateNaija Challenge with a ₦140 million prize pool. Young innovators can win grants up to ₦100m. Apply now to solve Nigeria's economic challenges.
Wale Tinubu commends Femi Otedola and Tony Elumelu for major transactions reshaping Nigeria's energy sector. Otedola's Geregu Power exit and Heirs Energies' Seplat stake acquisition signal strong investor confidence. Read more.