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MARKETS AND ECONOMY

Transcorp’s Operating Cash Flow Jumps to N95.7bn as Borrowings Rise

 Transnational Corporation Plc’s (Transcorp) operating cash flow surged to N95.65 billion in the first nine months of 2026, from N10.89 billion a year earlier, even as the conglomerate’s borrowings increased by nearly 75 per cent, raising questions about the sustainability of its improving liquidity position.The company’s unaudited financial statements...

Nigeria’s Debt Rises to N166.79tn as Tinubu Seeks $20.52bn, €1.05bn External Loans

 President Bola Tinubu has asked the Senate to approve...

Coronation Insurance Resubmits SEC Application for Minority Buyout, Delisting

 Coronation Insurance Plc has resubmitted its application to the...

Sanwo-Olu Backs CIS N5bn Professional Development Fund

 Babajide Sanwo-Olu has pledged support for the Chartered Institute...

Nigeria’s $1tn Economy Ambition Depends on Scaling Small Businesses – Oyedele

 Nigeria’s plan to build a $1tn economy will depend...

IMF: Over 50% Of Projected Tax Revenue Gains Fail To Materialise

 The International Monetary Fund has said more than half...

NSIA, Africa50 Launch $300m Fund to Expand Nigeria’s Renewable Energy Access

 Nigeria has launched a $300 million fund to accelerate...

Tech World

FINANCE

UBA Takes Google Pay to 45m Customers

  UBA’s integration with Google Pay gives its customers another way to make digital payments, reflecting the growing importance of global technology platforms in how banks deliver services and compete for customers. The development allows the bank to extend its digital payment offering through a platform familiar to users of Google’s...

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...

FG Clears N758bn Pension Backlog Dating Back To 2007 — PenCom

 The Federal Government has cleared N758 billion in inherited...

GENERAL NEWS

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...

Nigeria’s Multidimensional Poverty Rate Rises to 38.7% as Poor Population Hits 90.1m – UNDP

 Nigeria’s multidimensional poverty rate rose to 38.7 per cent...

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...

ENERGY

MARKET