Economy
Egbin Power Shuts Down Operations After Fatal Underwater Accident
Egbin Power Plc has suspended operations following a tragic industrial accident that claimed the life of a contractor during an underwater maintenance exercise...
Nigerian Telcos Defend USSD Charges Amid Rising Consumer Complaints
Telecommunications operators in Nigeria, under the Association of Licensed Telecommunications Operators of Nigeria, have justified the N6.98 USSD fee charged on banking transactions,...
Razaq Okoya Credits Father’s Early Training for His Business Success, Reflects on Family Legacy and Industry Passion
Billionaire businessman and Aare of Lagos, Razaq Okoya has revealed that the foundation of his remarkable business success came from the early lessons...
Senate Approves $516 Million Loan for Sokoto–Badagry Super Highway Project
Nigeria’s Senate has approved a $516,333,700 syndicated loan facility to support the construction of the ambitious Sokoto–Badagry Super Highway, a major infrastructure project...
Nigeria’s Foreign Currency Tax Revenue Surges to N6.33 Trillion in 2025
Nigeria recorded a significant rise in foreign currency denominated tax revenue in 2025, with total receipts climbing to N6.33 trillion, according to an...
OPay Leads Conversation on Africa’s Next Financial Frontier at BusinessDay Fintech Summit 2026
OPay took center stage as the headline sponsor of the inaugural BusinessDay Fintech Summit 2026 held on April 22, 2026, at the Oriental...
Ndume Commends Tinubu for Sixty Eight Billion Naira Support for Maiduguri Emergency Power Plant
Former Senate Leader Ali Ndume has praised President Bola Ahmed Tinubu for approving Sixty Eight Billion Naira operational support for the Maiduguri Emergency...
FG Raises Concern Over Limited Credit Access for Women Owned Businesses in Nigeria
The Federal Government of Nigeria has revealed that more than 80 percent of women owned businesses in the country lack access to formal...
UBA Sustains Growth as Assets Cross N33 Trillion Despite Profit Dip
United Bank for Africa Plc has continued its growth momentum into 2026, with total assets surpassing N33 trillion, reinforcing its position as one...
Naira Opens April 2026 Trading Week with Relative Firmness Amid FX Market Pressure
The Nigerian currency, the Nigerian Naira, began the final trading week of April 2026 with mild firmness as foreign exchange markets continue adjusting...
