BUSINESSMETRIC
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MARKETS AND ECONOMY
Power Minister Tegbe Unveils Plan to Stabilise Nigeria’s Electricity Grid
Minister of Power Joseph Tegbe has outlined plans to stabilise Nigeria’s electricity grid, strengthen transmission infrastructure and address mounting financial challenges in the power sector, as the Federal Government seeks to improve electricity supply and restore the industry’s financial sustainability.Tegbe announced the priorities at the opening of the Nigeria...
Ecobank Reports 12% Growth in 9M 2026 Profit Before Tax to $737m
Ecobank Transnational Incorporated (ETI) reported a 12 per cent...
Dangote Cement Reports N1.47trn Pre-Tax Profit in 9M 2026, Up 41.5%
Dangote Cement Plc reported a 41.5 per cent increase...
Transcorp’s Operating Cash Flow Jumps to N95.7bn as Borrowings Rise
Transnational Corporation Plc’s (Transcorp) operating cash flow surged to...
GTCO Profit Drops to N614.6bn as Rising Interest Costs, Tax Expenses Erode Earnings
Guaranty Trust Holding Company Plc (GTCO) has reported an...
Domestic Investors Sustain Stock Market Dominance in September 2026
By CSL StockbrokersData published by the Nigerian Exchange Limited...
TotalEnergies Exits 10% Interest in 15 Nigerian Oil Licences in $800m Deal
TotalEnergies has completed an $800 million sale of its...
Tech World
FINANCE
Nigeria’s $11.12bn Transfer Figure Raises Questions over Formal Remittance Capture
Nigeria recorded $11.12 billion in personal transfers in the first half of 2026, but only $2.85 billion came through formal international money transfer operators.This raises questions about how much diaspora money flows through regulated channels and what the figures reveal about the country’s foreign exchange market.Data from the Central...
Nigeria’s Recapitalised Banks and Missing Link Between Profit and Prosperity
By Blaise UdunzeNigeria’s banking industry has spent years rebuilding...
PalmPay Partners Police Cybercrime Centre to Strengthen Fraud Prevention Awareness
PalmPay has partnered with the Nigeria Police Force National...
UBA Wins Legal Battle to Recover N156bn Debt From Stallion Group
United Bank for Africa Plc (UBA) has secured a...
Nigeria’s Foreign Reserves Hit $55.1bn, Highest in 18 Years – Cardoso
Nigeria’s foreign exchange reserves have risen to $55.1 billion,...
OPay Secures Approval for Dual Listing on NYSE, NGX
OPay has secured board and shareholder approval for a...
FG Seeks To Offset Fuel Shock Through Tax And Transport Interventions
The Federal Government is deploying tax relief, transport support...
GENERAL NEWS
Varsities Claim 73.2% of FG’s N38.93bn Tertiary Institution Fund
The Federal Government has disbursed N38.93 billion to 166...
NSIA, Africa50 Launch $300m Fund to Expand Nigeria’s Renewable Energy Access
Nigeria has launched a $300 million fund to accelerate...
REA Restores Electricity to Two Kano Communities After 16 Years, Targets 2,222 Households
The Rural Electrification Agency (REA) has restored electricity to...
FG Reviews Overseas Training Policy After 80% of Sponsored Nigerians Fail to Return
The Federal Government has discontinued its overseas training programme...
LG Billions in the Dark: Falana to Keynote as Olorunyomi chairs DevReporting Documentary Screening
Human rights lawyer and Senior Advocate of Nigeria, Femi...
Nigeria’s Foreign Education Outflows Hit $1.44bn in H1 2026, CBN Reports
Nigeria’s foreign education outflows increased to $1.44 billion in...
Lagos Directs MTN, Airtel, Others to Audit Betting Firms’ Licences, Tax Status
The Lagos State Lotteries and Gaming Authority has directed...
media outreach
Travels & Aviation
Appointments & RECOGNITIONS
VIEWPOINTS
Nigeria’s Recapitalised Banks and Missing Link Between Profit and Prosperity
By Blaise UdunzeNigeria’s banking industry has spent years rebuilding capital, restructuring institutions and celebrating stronger financial performance. Amidst all...