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The shareholders of Okomu Oil Palm Company Plc have endorsed the ₦14.3 billion proposed by the board of directors as the final dividend payout for the...
The International Monetary Fund (IMF) says Nigerian banks raise lending rates rapidly when monetary policy is tightened but are slower to reduce borrowing costs or increase...
A record $10 billion flowed into Nigeria in the first quarter of 2026, and almost none of it will build a factory, hire a worker, or survive beyond...
Ownership concentration in Nigeria’s heavy industries has yielded another historic payday. Abdul Samad Rabiu, chairman, BUA Cement Plc took home a mind-boggling N189.74 billion from his...
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...