Category: Business

Firms expect borrowing costs to ease in coming months — CBN

Firms are expecting borrowing cost for banks’ loans to decline in the next three months...

FG unveils Tinubu Light Initiative for one million MSMEs

The Federal Government has unveiled the Tinubu Light Initiative, a programme designed to provide affordable...

NMDPRA proposes ban on fuel price fixing

The Nigerian Midstream and Downstream Petroleum Regulatory Authority has introduced draft regulations aimed at outlawing...

Tinubu gets ICPC report on alleged fake agency

President Bola Tinubu on Thursday received the interim report of the Independent Corrupt Practices and...

NIA credits NAICOM’s oversight for successful insurance recapitalisation

The Nigerian Insurers Association has credited the successful completion of the insurance industry’s recapitalisation exercise...

Tinubu attributes strong corporate performance to FX, subsidy reforms

President Bola Tinubu has credited the strong first-half 2026 financial performance of several companies listed...

NAICOM revokes Nigeria Reinsurance licence over capital requirement breach

The National Insurance Commission has revoked the operating licence of the Nigeria Reinsurance Corporation for...

MEMAN backs cassava ethanol blending to cut petrol costs

The Major Energies Marketers Association of Nigeria has called for greater adoption of cassava-based ethanol...

Fake agency DG opposes closed-door house questioning, seeks public hearing

The purported Director-General of the Presidential Foreign Investment Promotion Council, Adeniyi Adeyemi, has rejected plans...

Osun to sue EFFC over frozen account

Osun State Attorney General and Commissioner for Justice, Oluwole Jimi-Bada, on Wednesday, said he had...

US introduces $250,000 visa bond rule for some applicants

The United States has introduced a new pilot programme requiring some prospective immigrants to pay...

Delta attracts foreign investors as Brazil, Malaysia, explore partnerships

The Delta State Government’s efforts to attract foreign direct investment gained momentum on Wednesday as...