HomeBusiness

Business

Jim Ovia’s $5 Million Bet Built Nigeria’s Zenith Bank Giant

Jim Ovia’s $5 million bet in 1990 built Zenith Bank into Nigeria’s most profitable lender, with over $3.3 billion in shareholders’ funds today.

FG Threatens Contract Cut on Ibadan-Ilesha Road Project

Nigeria’s works minister warns contractors on the Ibadan-Ilesha expressway to begin urgent palliative repairs or risk losing half of the project scope.

Keep exploring

Adesina of AfDB Transformed 565 Million Lives During Tenure

Adesina explains how the African Development Bank impacted over 565 million people with its development initiatives during his tenure.

Growing Up in the Shadow of the Stall: The Unseen Curriculum of Nigerian Traders’ Children

KEY POINTS Daily exposure to inventory management, customer service, and financial literacy turns market...

Silent Profiteers: How Nigeria’s Inflation Crisis is Making the Rich Richer

KEY POINTS Nigeria’s inflation crisis is enriching politically connected importers, wholesalers, and landlords who...

Dangote Refinery Reduces Petrol Prices by N15 Nationwide

KEY POINTS Dangote Refinery has reduced petrol prices nationwide by N15 per litre, with...

Imo, Jigawa, Sokoto Record Highest Petrol Prices in April – NBS

Prices for petrol in April 2025 soared across Nigeria and the highest fees were charged in Imo, Jigawa and Sokoto States.

Nigeria’s Debt Service Payment Rises 49 Percent in 4 months

During the first four months of 2025, spending to service debt in Nigeria increased to \$2.01 billion, up 49.2% year-over-year and worsening fiscal sustainability.

Naira to the World: Rural Nigerian Women Drive Economic Change Through Digital Wallets

KEY POINTS Rural Nigerian women are leveraging digital wallets to send and receive money,...

CAC and NIBSS Have Introduced an API Service

With the API platform designed and introduced by CAC and NIBSS, everyone can quickly and safely obtain verified business information, supporting efficient business growth and boosting our country’s digital economy.

Beyond Tech Hype: Seven Nigerian Startups Tackling Overlooked Challenges in 2025

KEY POINTS From waste management (EcoCycle) to mental health (SafeSpace), startups are solving critical...

Nigeria’s Inflation Rate Declines to 23.71% in April

KEY POINTS Nigeria's annual inflation rate decreased to 23.71% in April 2025 from 24.23%...

Five Underlying Forces Fueling Nigeria’s Persistent Inflation Crisis

KEY POINTS Reliance on fuel imports, forex illiquidity, and regulatory bottlenecks add hidden costs...

NPA Refutes Multi-Billion Naira Fraud Allegations

NPA denied claims of multi billion naira fraud, claiming the agency operates in complete compliance with procurement laws and is subject to all time check.

Latest articles

Jim Ovia’s $5 Million Bet Built Nigeria’s Zenith Bank Giant

Jim Ovia’s $5 million bet in 1990 built Zenith Bank into Nigeria’s most profitable lender, with over $3.3 billion in shareholders’ funds today.

FG Threatens Contract Cut on Ibadan-Ilesha Road Project

Nigeria’s works minister warns contractors on the Ibadan-Ilesha expressway to begin urgent palliative repairs or risk losing half of the project scope.

Sowore Sues Police Chief Over Alleged Rights Violations

Activist Omoyele Sowore has sued Nigeria’s police chief, alleging unlawful arrest, detention, and rights violations linked to a protest in Abuja.

NYSC to Standardise Protocols for Corpers With Disabilities

NYSC introduces a standardised protocol to ensure inclusive handling of corps members with disabilities during the orientation course and service year.