Nigeria records $21bn capital inflows in 2025
Nigeria attracted around $21 billion in capital inflows in the first ten months of 2025, up sharply from about $12 billion in…
Business
Collaboration key to boosting Africa’s energy sector – NCDMB secretary
The Executive Secretary of the Nigerian Content Development and Monitoring Board, Felix Ogbe, has urged unprecedented continental collaboration to elevate Africa’s energy…
Technology key to implementing new tax laws — Adedeji
The Executive Chairman of the Nigerian Revenue Service, Zacch Adedeji, has said technology will play a central role in implementing the country’s…
Bills without customer ID now invalid – Ikeja DisCo
Ikeja Electric Plc has announced that electricity bills issued without valid customer identification will be deemed invalid, in accordance with the Nigeria…
FG orders NAFDAC to halt sachet alcohol ban enforcement
The Federal Government has ordered the National Agency for Food and Drug Administration and Control to halt all enforcement actions concerning the…
Weak loan recovery system driving rising defaults – Lenders
Microfinance banks, fintech firms and digital lenders say weaknesses in Nigeria’s loan recovery framework are driving rising defaults, six years after the…
CBN grants BDCs FX market access with $150,000 weekly cap
The Central Bank of Nigeria has approved licensed Bureau De Change operators to participate in the Nigerian Foreign Exchange Market, allowing each…
Regulatory constraints behind banks’ tough lending terms for SMEs — Elumelu
Chairman of UBA Group, Tony Elumelu, has explained why entrepreneurs frequently encounter tough conditions when applying for loans from commercial banks, pointing…
Wimbart launches PR service for early-stage African startups
Wimbart, an award-winning public relations agency specialising in business and technology sectors across Africa and emerging markets, has launched Wimbart Lite, a…
FG commits extra support to launch $5bn Africa Energy Bank
The Federal Government has affirmed its readiness to provide additional funding to the Africa Energy Bank to ensure its launch, following delays…
CAC offers free registration to 3,500 small businesses nationwide
The Corporate Affairs Commission has announced free business name registration for 3,500 small businesses across Nigeria’s 36 states and the Federal Capital…
UAC Nigeria revenue surges 74% to ₦343bn in 2025
2025UAC of Nigeria Plc has announced its unaudited financial results for the fourth quarter and year ended 31 December 2025, recording a…