Category: Business

NIBSS unveils advanced digital platform to modernise, enhance payments

The Nigeria Inter-Bank Settlement System has launched the National Payment Stack, a new digital infrastructure...

PZ Cussons quits Nigeria palm oil business, sells $70m stake

PZ Cussons PLC has formally announced its exit from Nigeria’s palm oil sector following a...

Stock market declines as all-share index drops

The Nigerian stock market ended in negative territory on 17th June 2025, as the All-Share...

IPMAN suspends strike as Lagos agrees to dialogue  

The Independent Petroleum Marketers Association of Nigeria has called off its strike along the Lekki-Epe...

Palm oil prices soars as US sets record biofuel target

Palm oil prices climbed past 4,000 ringgit, tracking gains in soyoil after the United States...

NNPCL targets four FIDs by 2025, posts N5.89tn revenue

The Nigerian National Petroleum Company Limited is poised to make major investment commitments this year,...

FCCPC unveils taskforce to combat counterfeit products nationwide 

The Executive Vice Chairman and Chief Executive Officer of the Federal Competition and Consumer Protection...

Mauritius firm to acquire 26% stake in Nigerian recycler Hinckley

uMunthu Investment Company II, a Mauritius-based private equity fund, is set to acquire a 26%...

UK regulator partner Nvidia to allow banks experiment with AI

Britain’s financial regulator, the Financial Conduct Authority, announced on Monday a new collaboration with U.S....

Afreximbank unveils plan to revolutionise healthcare across Africa

The African Export-Import Bank has unveiled an ambitious plan to transform healthcare delivery across Africa...

UK store plans rescue strategy to avoid closure, job losses

River Island’s founding family is preparing a major rescue plan that could lead to widespread...

Tigran Gambaryan quits Binance after eight-month legal battle in Nigeria

Head of Financial Crime Compliance at Binance and a former United States Internal Revenue Service...