Category: Business

MPC member urged CBN to lower lending rates for businesses

The Central Bank of Nigeria has been urged to introduce additional measures to lower lending...

Business confidence steady at 104.6 points in June — NESG

Nigeria’s business environment remained in expansion in June 2026, though growth slowed from a year...

NNPC begins assessment of Chinese partnership for P’Harcourt, Warri refineries

The Nigerian National Petroleum Company Limited has said the Memorandum of Understanding recently signed with...

BOI signs $170m deal with Kuramo Capital

The Bank of Industry has signed a $170.06 million Fund of Funds management contract with...

Parents urged to stop posting children’s photos publicly Over AI abuse risks

Parents have been advised to avoid publicly sharing photos of their children online under new...

WFP seeks $89m to tackle worsening hunger crisis across Northern Nigeria

The World Food Programme says it needs $89 million over the next six months to...

African startups raised $3.9bn in 2025 as funding rebounds — Report

African startups raised $3.9 billion across 506 deals in 2025, signalling a recovery in fundraising...

Nigeria’s exports earning hit $1.2bn as container throughput surges

Nigeria’s export trade experienced significant growth between January and May 2026, with export earnings rising...

NDIC assumes control of 46 failed microfinance banks’ liquidation

The Nigeria Deposit Insurance Corporation has formally taken over the liquidation of 46 microfinance banks...

Oil slips below $71 as Iran-US talks ease supply concerns

Oil prices declined for a third straight session on Thursday as concerns over potential supply...

Nombank targets Nigeria’s SME market with data-driven lending strategy

Nombank, the banking subsidiary of Nigerian fintech Nomba, is targeting a larger share of Nigeria’s...

Stakeholders demand fresh bid for 40% Amukpe–Escravos pipeline stake

Stakeholders have called on the Federal Government to commence a fresh competitive bidding process for...