Category: Business

UBA, Redtech, MoMo launch cardless payment partnership nationwide

United Bank for Africa, Redtech, and MoMo Payment Service Bank have launched a payment interoperability...

UK court freezes $40m assets of Nigerian oil tycoon Abdulrahman Bashar

The High Court of Justice in London has granted a post-judgment worldwide freezing order against...

UK mortgage affordability hits 18-year high as repayments exceed income threshold

United Kingdom homebuyers are experiencing the toughest mortgage affordability pressures in nearly two decades, though...

Trump’s World Liberty Financial sues crypto entrepreneur for defamation

World Liberty Financial, the crypto venture co-founded by Donald Trump and his sons, said on...

Private sector confidence rises as agriculture drives April recovery

Nigeria’s private sector maintained its recovery momentum in April 2026 as the Nigerian Economic Summit...

Nestoil to sue First Bank, media houses over ‘false dividend suspension’ reports

Nestoil Limited has dismissed recent media reports suggesting that banks’ suspension of dividend payments was...

Maersk confirms safe passage of ship through Hormuz under US escort

Danish shipping company Maersk has confirmed that one of its commercial vessels has safely passed...

Victoria Island leads Lagos hotel boom with 10 of 33 projects

Victoria Island accounts for 10 of the 33 planned hotel chain projects in Lagos’ pipeline...

NIS denies religious organisation listed on passport portal

The Nigeria Immigration Service has dismissed reports alleging that the name of a religious organisation...

US military to escort stranded ships through Hormuz

President Donald Trump said the United States will assist vessels stranded in the Persian Gulf...

Dangote didn’t borrow money from friends for refinery – Otedola

Billionaire businessman Femi Otedola has denied reports claiming he requested a special allocation from Aliko...

Bitcoin surges above $80,000 for first time in three months

Bitcoin climbed above $80,000 for the first time in over three months, as Asian equities...