Nigerian Banks Paid ₦644bn Staff Salaries in 2025
Access Bank, Zenith, UBA, GTCO, and Stanbic IBTC spent ₦644.01 billion on personnel expenses in 2025, marking a 30.58% increase from previous year as competition for talent intensifies.
Category : Business
LivingTrust Named Mortgage Bank of the Year 2025
LivingTrust Mortgage Bank Plc secures 'Mortgage Bank of the Year 2025' award at Africa Fast Growth Brands event. The recognition highlights their exceptional performance in Nigeria's housing finance sector. Discover how they achieved this milestone!
FCTA's 14-Day Ultimatum for Abuja Land Use Compliance
FCT Minister Nyesom Wike gives property owners in Abuja's elite districts a final 14-day grace period to pay N5 million violation fee and regularize land use documents or face enforcement.
China suspends port fees on US vessels for one year
China suspends special port fees on US vessels for one year following trade talks with Washington. This marks latest thaw in economic relations between superpowers.
Summit calls for policy alignment, finance for agribusiness
Stakeholders at the 2025 Agricultural Youth Summit demand policy coherence and innovative financing to unlock Nigeria's agribusiness potential and tackle food security.
Assinie: From Club Med to Ivorian Riviera
Discover how Assinie transformed from European tourist paradise to West Africa's luxury playground. Learn about the rise of the Ivorian Riviera and its billionaire residents.
China Lifts Sanctions on Hanwha US Subsidiaries
China suspends sanctions on US units of South Korea's Hanwha Ocean for one year, marking a step in the US-China trade truce. Learn the details and implications.
Nigeria loses $8b yearly to idle seafarers
Nigeria suffers $6-8 billion annual freight loss due to delayed CVFF disbursement and unemployed seafarers. Indigenous fleet collapses from 24 to 4 vessels. Learn how this crisis affects our economy.
Nigeria, IMF Discuss Reforms & New Development Plan
Nigeria and the IMF held talks on economic reforms and the new National Development Plan. The government also approved new policies to revolutionise the civil service.
JETRO: Japanese Firms Deepen Nigeria Partnerships
JETRO MD reveals growing Japan-Nigeria business partnerships, with 47 firms at the Lagos Trade Fair. Discover how this boosts trade and investment opportunities.
NDPHC Calls Industries to Direct Power Supply Scheme
NDPHC urges Nigerian industries to join Eligible Customer Programme for stable power. Access 6-20MW directly from generation companies. Boost production with reliable electricity.
Nigeria pushes $400M renewable energy investment
Stakeholders at Nigeria Renewable Energy Forum call for collaboration to unlock $400M investment and accelerate renewable energy transition. Learn how REA and FCMB are driving change.
NAHCO's Q3 2025 Revenue Hits N48 Billion
Nigerian Aviation Handling Company (NAHCO) Plc reports impressive Q3 2025 results with 40.7% revenue growth to N47.76 billion. Strong performance driven by diversification and new business contracts signals robust returns for shareholders.
Developer Proposes Solutions to Nigeria Housing Deficit
NISH Affordable Housing Limited CEO Dr Yemi Adelakun reveals innovative strategies to bridge Nigeria's housing gap through cooperative structures and digital solutions. Learn how 100 units are nearing completion.
Cultural Intelligence Vital for Nigeria-Finland Trade
Finland's ambassador emphasizes cultural intelligence as crucial for unlocking Nigeria's trade potential. Learn how understanding local culture drives business success in African markets.
Lagos signs 3 new waste conversion agreements
Lagos State government has signed three Memorandums of Understanding with private companies to convert waste into wealth, reducing landfill volumes and creating economic opportunities.
Technology Empowers Valuers, Not Replaces Them
Estate surveyors urged to embrace digital transformation as technology enhances valuation accuracy and transparency in Nigeria's real estate sector. Learn how AI and GIS are revolutionizing property assessment.
Maasai Fear VW Carbon Credit Scheme Threatens Heritage
Tanzania's Maasai community faces potential destruction of their ancestral way of life through Volkswagen's carbon credit initiative, dismissed as greenwashing by experts. Discover the full story.
US Shutdown Deal Sparks Global Market Rally
Global markets surge as US lawmakers reach deal to end record 40-day government shutdown. Nigerian investors monitor impacts on oil prices and economic data.
AI Revolution Hits Power Wall, Says Microsoft CEO
Microsoft CEO Satya Nadella reveals electricity access is the biggest challenge in AI race. Tech giants face power shortages despite $400B investments. Read more.
Port Harcourt Customs earns N33.7bn, a 272% surge
Nigeria Customs Service's Port Harcourt Command reports a historic N33.7bn revenue for October 2025, a 272% increase, boosting non-oil revenue. Discover the strategies behind this success.
NSDC launches sugarcane outgrower development programme
The National Sugar Development Council launches the Sugarcane Outgrower Development Programme to boost local sugar production, reduce imports, and empower Nigerian farmers.
Bond yields drop 15.77% as investors seek safety
Nigerian secondary bond market turns bullish with yields down 15.77%. Discover why investors are dumping equities for fixed-income assets and the success of the $2.35bn Eurobond.
ECOWAS@50 Promotes Trade & Investment in Lagos
ECOWAS reaffirms commitment to regional trade & investment at ECOTIFE 2025. Join West Africa's push for a borderless, prosperous economic community.
Wike's 14-Day Final Warning to Abuja Land Defaulters
FCT Minister Nyesom Wike extends 14-day grace period for land use violators in Abuja's upscale districts to regularize titles or face enforcement. Deadline starts November 11, 2025.
Blue Origin delays New Glenn rocket launch over weather
Jeff Bezos's Blue Origin forced to postpone New Glenn rocket launch due to bad weather and technical issues. The mission aims to send NASA spacecraft to Mars amid space race with SpaceX.
NPA Boss Calls for United African Maritime Sector
NPA MD Dr Abubakar Dantsoho emphasizes collective action for Africa's port growth at PMAWCA 2025. Learn how regional cooperation will drive maritime development.
Nigerian Stock Market Closes Week Negative
The Nigerian Exchange ended the week negatively with declining trading volume and value. Key losers included Sovereign Trust Insurance and C & I Leasing. Read full analysis.
Maser Group invests millions in Argentina copper
Africa's richest Indian Prateek Suri confirms multi-million dollar copper mining investment in Argentina's Mendoza region, marking major South-South cooperation in sustainable mining.
Dangote Releases 50+ Job Openings with SSCE Minimum
Dangote Group has launched over 50 new job vacancies across cement, foods and corporate units. Positions available for SSCE, OND, HND holders. Apply now through official portals only.
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