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Business

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 earlier as high operating costs, limited credit and infrastructure challenges continued to pressure businesses. This is according to the June 2026 Business Confidence Monitor released by the Nigerian Economic Summit Group, which showed that the Current Business Performance Index remained […]

WTC advocates business innovation
Business

Nigeria’s business confidence rises for eleventh consecutive month — Report

Nigeria’s business confidence continued its upward trajectory, as the Business Performance Index rose to 113.3 points in November, up from 111.3 points in October, according to the latest report of the Nigeria Economic Summit Group Business Confidence Monitor. The report stated: “Nigeria’s business environment maintained its expansionary trajectory in November 2025, marking eleven consecutive months […]

Conferences

NECA joins African summit to champion digital economy, business growth

The Nigeria Employers Consultative Association will be part of a summit hosted by the Federation of Kenya Employers, Business Africa Employers Confederation, International Labour Organisation and the International Organisation of Employers, to champion business growth and the digital economy on the continent. This event brings together business leaders, policymakers and global experts to shape the […]

Northern governors mourn businessman Alhaji Aminu Dantata
News

Northern governors mourn businessman Alhaji Aminu Dantata

Governors of Nigeria’s northern states have expressed deep sorrow over the death of elder statesman, businessman, and philanthropist Alhaji Aminu Alhassan Dantata, who died at the age of 94. In a condolence message issued on Saturday, the Chairman of the Northern States Governors’ Forum and Governor of Gombe State, Muhammadu Inuwa Yahaya, described Dantata’s passing […]

Femi Otedola named 2024 'Investor of the Year'
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Femi Otedola named 2024 ‘Investor of the Year’

Billionaire investor and prominent figure in Nigeria’s capital market, Femi Otedola, has been honored with the title of “Investor of the Year 2024” by The Nation newspaper, in recognition of his outstanding achievements in the financial sector. The newspaper highlighted the remarkable performance of Otedola’s companies, Geregu Power and FBN Holdings, as key factors behind […]

Top 25 fastest growing Nigerian companies in 2024
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Top 25 fastest growing Nigerian companies in 2024

Twenty-five Nigerian companies have emerged as the fastest-growing companies in Africa in the Financial Times ranking of the country’s fastest-growing businesses. In the lead is Omniretail, a notable Nigerian payment startup, raked in 139.88m in revenue, while Afex Commodities Exchange, a commodities brokerage, amassed a staggering $415 million. The lineup of 125 companies showcased in […]

Conferences

Interswitch, Stanbic IBTC CEOs announced DBNC 2024 Keynote speakers

Entrepreneurs and business enthusiasts are gearing up for the fourth edition of the Doing Business in Nigeria Conference (DBNC) on April 13, 2024, Amidst the challenges posed by macroeconomic headwinds. This is an important platform for professionals and fans to come together, exchange ideas on how Nigeria can grow its business. There are three keynote […]

Equity market recovers, gains N902bn
Business

Equity market recovers, gains N902bn

Positive trading returned to the stock market on Thursday, resulting in a gain of N902 billion. The PUNCH reported that this followed two sessions of bearish trading due to profit-taking. Following the Federal Reserve’s decision to maintain interest rates, stocks on the NASDAQ, Dow Jones Industrial Average, and S&P 500 saw a similar trajectory on […]

EFCC investigating Sirika's Nigerian Air deal – Keyamo
Economy

EFCC investigating Sirika’s Nigerian Air deal – Keyamo

Minister of Aviation and Aerospace Development, Festus Keyamo has disclosed that the Economic and Financial Crimes Commission is investigating the controversial Nigeria Air deal initiated by former Aviation Minister, Hadi Sirika. Keyamo made this known during an appearance on Channels Television’s Politics Today program on Wednesday. Keyamo stated, “There is a criminal investigation going on. […]

How banks sent 'charming' ladies to lure my interest — Otedola
Banking

Femi Otedola named First Bank Holdings chair

Nigerian billionaire, and entrepreneur Femi Otedola, has been appointed as the new chairman of the board of directors for the First Bank of Nigeria Holdings. The decision, announced after a recent board meeting, saw Otedola taking over from the outgoing Chairman, Alhaji Ahmad Abdullahi. This move comes amid Otedola’s recent excitement about rejoining the Forbes […]

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