Business

BOI to channel 80% large enterprise loans towards

  • 16th August 2026

Airtel, Starlink debut satellite-to-mobile connectivity in Africa

  • 15th August 2026

PwC flags gaps in new NRS virtual asset

  • 15th August 2026

Nigeria’s exports to China jump 80% to $2.3bn

  • 15th August 2026

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Apple unveils new commission rates for external app payments

Tech

BOI to channel 80% large enterprise loans towards priority

Business featured

NCAA to make RFID baggage tracking mandatory at airports

Aviation featured

RMAFC completes review of Nigeria’s revenue allocation formula

Finance

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Insurance

Linkage Assurance completes ₦16.2bn rights issue ahead of deadline

Linkage Assurance Plc has successfully completed a N16.2 billion Rights Issue to meet the National Insurance Commission’s minimum capital requirement ahead of the July 31, 2026 deadline. Nairametrics reported that the company disclosed this in a statement signed by its Company Secretary, Moses Omorogbe, on Monday. The Rights Issue, which opened on March 11, 2026, […]

Finance

Women entrepreneurs repay loans better than men — Moniepoint

Women-owned businesses in Nigeria are better at repaying loans than their male counterparts, according to new data from Moniepoint. In its 2025 Impact Report, the fintech said the default rate among women-owned businesses in its loan portfolio was 2.5 times lower than that of male-owned businesses, despite women continuing to face greater barriers to accessing […]

Opinion

Peter Obi reveals plans to shift Nigeria to production economy

The Presidential candidate of the Nigeria Democratic Congress, Peter Obi, has outlined plans to transform Nigeria from what he described as a consumption-based economy to a production-driven one if elected president. Obi, a former Anambra State Governor, disclosed this during an appearance on Channels Television’s Sunday Politics programme on July 26, 2026. He said his […]

Travel

Nigerian students excluded from UK visa fund exemption list

Botswana, Mauritius, and Tunisia have been listed among a group of nations whose citizens can apply for a United Kingdom Student visa without having to submit proof of funds upfront, under the UK’s differential evidence requirement. The arrangement means eligible students will not be required to provide documentary evidence of their finances when submitting their […]

Travel

Relocating abroad doesn’t guarantee jobs, tech expert warns youths

Nigerian youths seeking better opportunities abroad have been warned that relocating does not automatically guarantee employment. Tribune reported that speaking with journalists in Ilorin, financial market and technology expert Abubakar Bello also cautioned young Nigerians against chasing quick wealth through betting and other get-rich-quick schemes that promise overnight success without creating genuine value. Bello, the […]

Opinion

Atiku questions Tinubu’s borrowing spree despite ₦7.98trn oil windfall

Former Vice President, Atiku Abubakar, has faulted President Bola Tinubu’s aggressive domestic borrowing, questioning why the administration continued to pile up debts despite an estimated ₦7.98 trillion windfall from high international crude oil prices. He also alleged that the President’s administration had finally arrived at a policy direction he first advocated more than two decades […]

Finance

Naira opens new trading week at ₦1,361/$ in official rate

The naira maintained a relatively stable position against the United States dollar across the official Nigerian Foreign Exchange Market and the parallel market as trading opened on Monday, July 27, 2026. Latest data from the Central Bank of Nigeria showed that the official NFEM exchange rate closed at ₦1,362.09/$1 on July 24, the most recent […]

Business

AMCON recovers N165bn from bank debtors in H1 2026

The Asset Management Corporation of Nigeria recovered approximately N165 billion from bank debtors in the first half of 2026, representing a 64 per cent increase from the N107 billion recovered during the same period in 2025. AMCON’s Managing Director and Chief Executive Officer, Gbenga Alade, disclosed this during an interactive session with senior media executives […]

Business featured

Over 90% of informal workers abandon personal pension plan

More than 90 per cent of informal sector workers who enrolled in the Personal Pension Plan have abandoned the scheme, as subscribers blame worsening economic hardship for their inability to make regular pension contributions. Vanguard reported that only 17,320, representing eight per cent of the 215,412 registered Retirement Savings Accounts under the scheme, had received […]

featured Finance

Nigerian stocks sustain bullish run on blue-chip demand, Dangote deal

The Nigerian stock market maintained a bullish run Week-on-Week on renewed demand for large-capitalised stocks, pushing the benchmark Nigerian Exchange Limited All-Share Index to 247,357.40 points. The positive reading reflected the stronger investor appetite for selected blue-chip and fundamentally strong stocks, with gains concentrated across the banking, consumer goods and industrial segments. The rally also […]

featured Policy and Regulations

IMF tasks central banks on stronger AI governance rules

The International Monetary Fund has called on central banks and financial regulators to strengthen governance frameworks for Artificial Intelligence. The Fund warned that the rapid adoption of the technology across the financial system could create new systemic risks if left inadequately supervised. The recommendation was made by the IMF’s Financial Counsellor and Director of the […]

Business

Oando plans power generation from abandoned oil wells

Oando Energy Resources, a subsidiary of Oando Plc, has announced plans to generate electricity from abandoned oil wells through a pilot geothermal-style power project, as part of efforts to expand Nigeria’s clean energy capacity and advance the country’s gas-to-power agenda. The company disclosed this during a courtesy visit by its management team to the Minister […]

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