BUSINESSMETRIC
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MARKETS AND ECONOMY
FG Raises N1.23tn To Pay Electricity Generators’ Debts
The Federal Government has raised about N1.23 trillion through two bond issuances to settle verified debts owed to electricity generation companies (GenCos), as it moves to address persistent liquidity challenges in Nigeria’s power sector.The Chief Executive Officer of Nigerian Bulk Electricity Trading Plc (NBET), Akin Odeyemi, disclosed this in...
“N5m Share Investment Could Become N50m” — Dangote
Aliko Dangote, President of Dangote Industries Limited, has said...
FG Risks N20tn Annual Burden If Petrol Subsidy Returns — CPPE
The Federal Government could face an annual petrol subsidy...
AfDB Launches $5.1bn Plan to Cushion Africa Against Energy, Fertiliser Shocks
The African Development Bank (AfDB) Group has approved a...
ANALYSIS: Geregu Bets on N10.9bn Q4 Revenue Recovery After H1 Turbine Shutdown Hit
Geregu Power Plc is entering the final quarter of...
SUNU Assurances Targets N17.1bn Premiums as N9.3bn Capital Injection Shapes 2026 Outlook
SUNU Assurances Nigeria Plc is expecting only marginal growth...
Consolidated Hallmark Forecasts 691% Jump in 2026 Profit
Consolidated Hallmark Holdings Plc (CHH) is forecasting a profit...
Tech World
FINANCE
Insurance Recapitalisation: NAICOM Rejects N100bn Fraud Allegation, Denies Officials’ Detention
The National Insurance Commission (NAICOM) has rejected allegations of N100 billion fraud linked to Nigeria’s recently concluded insurance recapitalisation exercise, describing the claims as false, misleading and unsubstantiated.The commission also denied reports that its Commissioner for Insurance and a director were detained by the Economic and Financial Crimes Commission...
After Recapitalisation, NAICOM Turns to Digital Channels to Grow Nigeria’s Insurance Market
Following the recapitalisation of Nigeria’s insurance industry, the National...
FairMoney Surpasses 30 Million Registered Users in Nigeria
This milestone represents more than growth. It reflects the growing number of Nigerians choosing FairMoney for their everyday financial needs.
SEC Brings Online Forex, CFD Platforms Under Proposed Capital Market Rules
The Securities and Exchange Commission has proposed new rules...
PalmPay Launches ‘PalmPay Dey For You’ Campaign With New Account Security Tools
PalmPay has launched a new customer-focused campaign, ‘PalmPay Dey...
OPay Denies Shutdown Rumour as Revenue Jumps 161% to $536.3m in 2025
OPay has dismissed a viral social media claim that...
N4.65trn Recapitalisation: Are Banks Financing Nigeria’s Economy or Government?
By Blaise UdunzeFive months after the Central Bank of...
GENERAL NEWS
HBA, QualCare Africa Launch POCUS Training For Healthcare Professionals
The Health Business Academy for Africa (HBA), in partnership...
FG to Give Shipowners Up to $25m Each After Two-Decade CVFF Delay
The Federal Government is set to provide qualified Nigerian...
NDPHC Reports N300bn Loss As 1,500MW Generation Capacity Remains Stranded
The Niger Delta Power Holding Company (NDPHC) has reported...
FTSE Russell Lists Dangote Cement, MTN, Zenith, 28 Others in Frontier Index
FTSE Russell has listed 31 Nigerian companies in its...
Nigeria’s Economy Showing Recovery Signs Ahead of 2027 -Sanwo-Olu
Nigeria’s economy is showing stronger signs of recovery ahead...
Security Is Becoming An Economic Cost for Nigeria’s Businesses, Lai Mohammed Warns
Former Minister of Information and Culture, Lai Mohammed, has...
Federal Workers Demand N300,000 Minimum Wage as Loan App Debt Rises
Federal workers are demanding an immediate increase in the...
media outreach
Travels & Aviation
Appointments & RECOGNITIONS
VIEWPOINTS
Nigeria’s N3,000 Certificates and Rise of a Nation of Fake Credentials
Nigeria should be deeply ashamed. Not merely embarrassed. Not mildly concerned. Ashamed.A country that claims to be preparing millions...