Business & Economy

The Nigerian Communications Commission (NCC) has ordered mobile network operators to begin paying direct compensation in the form of airtime credits to customers hit by substandard service. The directive, announced...

Foreign investors continued to pull more money out of the Nigerian Exchange (NGX) than they put in during February 2026, even as overall foreign participation picked up and the domestic...

The Manufacturers Association of Nigeria (MAN) has issued a blunt and urgent warning: the escalating geopolitical crisis between the United States, Israel and Iran is already sending tremors through the...

Nigeria’s Economic and Financial Crimes Commission (EFCC) has revealed that illicit cryptocurrency transactions worldwide ballooned to more than $160 billion in 2025 alone, fueling a surge in cross-border money laundering,...

Lagos State has been ranked the leading subnational entity for ease of doing business in the country, according to the 2025 Subnational Ease of Doing Business Report released by the...

NGX transactions surged to ₦2.404 trillion in the first two months of 2026, more than double the ₦1.116 trillion recorded in the same period last year, according to the exchange's...

The World Bank has mobilized to support economies battered by the Middle East conflict, warning the crisis is ravaging global commodity markets and erasing years of hard-won economic progress. In...

Central Bank of Nigeria (CBN) Governor Olayemi Cardoso announced on Thursday that 32 banks have already satisfied the revised minimum capital requirements under the ongoing recapitalisation programme, well ahead of...

The Dangote Petroleum Refinery & Petrochemicals has reduced its ex-gantry price for Premium Motor Spirit (PMS), commonly known as "petrol," to ₦1,200 per liter. This marks a downward adjustment of...

Dangote Petroleum Refinery and Petrochemicals (DPRP) has moved swiftly to quash mounting speculation about a possible initial public offering (IPO), describing circulating reports as unverified, inaccurate, and unauthorized. The company,...