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Ownership concentration in Nigeria’s heavy industries has yielded another historic payday. Abdul Samad Rabiu, chairman, BUA Cement Plc took home...
Senator Abdulaziz Yari, the former Zamfara State governor who took control of Geregu Power Plc in a $750 million acquisition last December, will preside over the...
Nigeria’s eleven electricity distribution companies lost N159.37 billion in unbilled and uncollected revenue in the first three months of 2026, according to monthly performance data published...
Nigeria’s corporate elite and leading bankers are quietly accelerating their investments in London real estate, underscoring a widening disconnect between the country’s harsh economic realities and...
A financial strategist, Dr Yemisi Lucy Adepoju, has identified family obligations, social pressure and poor financial planning as major factors pushing many Nigerian workers into debt...
The rising prices of cooking gas have forced many households and businesses in the Federal Capital Territory (FCT) to embrace traditional fuels such as charcoal and...
Before Google, Visa and Development Partners International came in, Jim Ovia was there first. Nigeria’s richest banker wrote Moniepoint its earliest significant cheque when almost no...
The Lagos State Electricity Regulatory Commission has identified 38 companies operating across Lagos State that have failed to apply for licences and necessary regularisation despite repeated...
First City Monument Bank has since strengthened its digital banking offerings with “FCMB Collect”, a digital collections and payment solution developed to help businesses digitise cashflow management...
The naira remains undervalued by more than 13 percent despite extensive foreign exchange reforms and recent stability in the currency market, according to Bismarck Rewane, managing...