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Wale Tinubu has set out how Oando intends to reach 100,000 barrels of oil equivalent a day, a level that would represent more than double what...
Femi Otedola, billionaire investor and chairman of First HoldCo Plc, has further cemented his dominance in the financial institution, continuing a strategic accumulation of shares that...
Ferrari’s first-ever production electric car, the Luce, has sold for $40m (£29.5m) at auction despite a controversial reception to the model following its launch. The 2026...
The National Bureau of Statistics (NBS) says Nigeria’s headline inflation rate dropped from 15.91 percent in June to 15.43 percent in July. This is contained in...
Inflows through International Money Transfer Operators (IMTOs) rose to a record US$1.29 billion in the first quarter of 2026, representing a 45% increase from the US$888.47...
Bank of Industry Limited (BoI) has secured strong institutional demand for its maiden N250 billion Series 1 Fixed Rate Bond, with the offer oversubscribed within five...
The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Olanipekun Olukoyede, has led a major breakthrough in the Commission’s ongoing investigation into the alleged...
Banks, fintech operators and other reporting entities submitted 42,082 Suspicious Transaction Reports to the Nigerian Financial Intelligence Unit in 2025, as financial institutions stepped up compliance...
Universal Insurance Plc says it has entered into a binding agreement with FPNG Co-Nvest Limited for a N7.12 billion equity investment as it works to meet...
Despite the Federal Government’s sweeping tax reforms aimed at simplifying Nigeria’s tax system, businesses across the country say they continue to grapple with multiple taxes, levies...