HomeBusiness

Business

News

Kaduna Woman’s Husband Alleges Police Returned Her to Mob Before Lynching

KEY POINTS The husband of Ummulkhairi Muhammad alleges that a police officer returned his wife to a mob shortly before she was lynched and burnt in Kaduna. He claimed the victim sought refuge at a police station but was allegedly ordered out and handed...
News

Police Dismiss Helicopter Relocation Claim on Abducted Oyo Pupils

KEY POINTS Oyo Police have described as false a viral claim that abducted schoolchildren and teachers were flown to Kaduna by helicopter. Security agencies said rescue operations are ongoing and have been intensified to secure the victims’ release. The command warned against spreading unverified...

Keep exploring

Business

Economists cite reform impact as Nigeria’s revenue hits N15.8trillion

Economists have credited tax reforms, improved administration and stronger oil earnings for Nigeria's revenue, which hit N15.8tn in the first five months of 2026, up 49 percent.
Business

FG allocates two more crude oil terminals to Swede Control Intertek

The Federal Government has allocated two more crude oil export terminals to Swede Control Intertek, expanding the pre-shipment inspection agent's role in certifying Nigeria's exports.
Business

Experts warn FG against costly foreign loans and VAT hike over IMF advice

Capital market operators and economists have urged the Federal Government to avoid expensive foreign loans and a VAT increase as it weighs the IMF's latest policy recommendations.
Business

FirstBank hits N1bn daily disbursement on FirstAdvance

FirstBank says its salary-backed digital loan product, FirstAdvance, has hit a milestone of N1 billion in daily disbursement, reflecting rising customer adoption and trust.
Business

Revenue from VAT and CIT falls 6 Percent to N3.79trn in first quarter

Nigeria's combined revenue from VAT and company income tax fell 6.2 percent to N3.79 trillion in the first quarter of 2026, the NBS has said.
Business

EU chief hails US-Iran deal to end war and reopen Hormuz

EU Council President Antonio Costa has welcomed a deal between the US and Iran to end the war and reopen the Strait of Hormuz.
Business

Ex-CBN deputy governor Moghalu named Bluecode Africa board chairman

Bluecode Africa has named former CBN deputy governor Kingsley Moghalu chairman of its Nigerian subsidiary's advisory board as the payments firm enters the Nigerian market.
Business

FCMB appoints Bismarck Rewane non-executive director and board chairman

First City Monument Bank has appointed economist Bismarck Rewane as non-executive director and chairman of its board, following approval from the Central Bank of Nigeria.
Business

CBN Reassigns Four Deputy Governors in Leadership Shake-Up

KEY POINTS The Central Bank of Nigeria has redeployed its four deputy governors in...
Business

CBN unveils Payment Systems Vision 2028 to drive growth and financial inclusion

CBN Governor Olayemi Cardoso has unveiled Payment Systems Vision 2028, a strategic roadmap to build a secure, inclusive and globally competitive payments ecosystem in Nigeria.
Business

Nigeria’s capital market moves to T+1 settlement cycle

Nigeria's capital market will switch to a T+1 settlement cycle on June 1, bringing the country in line with the US, Canada and India.
Business

Nigeria’s Economy Slows as GDP Growth Drops to 3.89% in Q1 2026 — NBS

KEY POINTS Nigeria’s economy grew by 3.89% in Q1 2026, according to the National...
Load more

Latest articles

News

Kaduna Woman’s Husband Alleges Police Returned Her to Mob Before Lynching

KEY POINTS The husband of Ummulkhairi Muhammad alleges that a police officer returned his...
News

Police Dismiss Helicopter Relocation Claim on Abducted Oyo Pupils

KEY POINTS Oyo Police have described as false a viral claim that abducted schoolchildren...
News

Former Kebbi APC Chairman Reportedly Dies in Captivity

KEY POINTS Former APC chairman in Kebbi’s Koko/Besse LGA, Alhaji Muhammadu Mai Barga Besse,...
News

Lagos Shuts Oshodi Market Over Alleged Attack on Sanitation Officials

KEY POINTS The Lagos State Government has shut down Oshodi Resettlement Market following an...