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MARKETS AND ECONOMY

Oil Dominates Nigeria’s N27trn Exports as Non-Oil Earnings Remain at 14%

Nigeria’s export earnings rose to N27.02trn in the second quarter of 2026, but crude oil and other petroleum products continued to account for the bulk of the country’s exports, latest data from the National Bureau of Statistics have shown. The NBS Foreign Trade in Goods Statistics for Q2 2026 showed...

Dangote Sets 12-Day Timeline For Refinery IPO

Aliko Dangote has disclosed that the initial public offering...

Uber Begins Robotaxi Trial in London After Quitting Nigeria

Uber has begun testing autonomous ride-hailing services in London,...

SEC Brings Online Forex, CFD Platforms Under Proposed Capital Market Rules

The Securities and Exchange Commission has proposed new rules...

Access, UBA, NASCON Drag NGX to Halt Four-Day Rally

The Nigerian equities market ended its four-day bullish run...

NNPC’s Federation Account Remittance Rises to N7.91trn in Seven Months

The Nigerian National Petroleum Company Limited (NNPC Ltd) remitted...

Seplat Market Value Gains Lift Elumelu’s Stake to N1.48trn

The market value of Tony Elumelu’s indirect stake in...

Tech World

FINANCE

After Recapitalisation, NAICOM Turns to Digital Channels to Grow Nigeria’s Insurance Market

Following the  recapitalisation of Nigeria’s insurance industry, the National Insurance Commission (NAICOM) is shifting its focus to digital distribution, consumer education and financial inclusion to expand insurance access among young Nigerians, women, micro, small and medium-sized enterprises (MSMEs) and underserved communities.The regulator launched the Insurance Sector Strengthening Programme (ISSP)...

N4.65trn Recapitalisation: Are Banks Financing Nigeria’s Economy or Government?

By Blaise UdunzeFive months after the Central Bank of...

OPay Plans NGX Listing as Fintech Targets $4bn US IPO Valuation

OPay, one of Nigeria’s leading fintech companies, is preparing...

PalmPay Expands Opportunities for Nigerians to Earn More

As rising living costs continue to place pressure on...

Security is Becoming a Bigger Priority for Young Banking Customers

Nigeria’s fintech companies are facing a new test in...

Fortis Global Insurance Appoints Umar Faruk Umar, Ufuoma Ibru as Directors

Fortis Global Insurance Plc has appointed Dr Umar Faruk...

N1.5trn Equity Revaluation Drives N2.07trn Pension Asset Growth — PenCom

Nigeria’s pension assets rose by N2.07tn to N29.52tn in...

GENERAL NEWS

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...

Customs Remits N1.38trn to FG in Two Months as August Revenue Falls 24%

The Nigeria Customs Service (NCS) generated N1.38 trillion for...

SORA Wins N3m NCC Hackathon Prize With Disability-Focused Job Platform

SORA, an inclusive job-matching and skills development platform for...

CPPE Urges Lower Production Costs as Nigeria’s GDP Growth Hits 4.43%

The Centre for the Promotion of Private Enterprise (CPPE)...

Tinubu hails 4.43% Q2 GDP growth, says reforms working

President Bola Ahmed Tinubu has welcomed Nigeria’s 4.43 per...

UbuntuCare Takes Digital Health Push to Nigeria’s 774 LGAs

Nigeria’s struggle to deliver affordable primary healthcare beyond major...

media outreach

Travels & Aviation

Appointments & RECOGNITIONS

VIEWPOINTS

Celebrating Mrs Bimbo Oloyede’s 50 Years of Excellence: Eager hosts, reluctant guests by Mojeed Alabi

It is a privilege to join distinguished industry leaders in honouring Mrs Bimbo Oloyede as she marks an extraordinary...

ENERGY

MARKET