Latest Business News

Presidency: Non-oil sector accounted for N15trn out of N20trn revenue in eight months

The presidency said the federal government generated a revenue of N20.59 trillion…

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FCCPC to fine digital lenders N100m for harassment

The Federal Competition and Consumer Protection Commission (FCCPC) has introduced new regulations…

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UBA, Mastercard launch prepaid card to promote financial inclusion 

  Africa’s Global Bank, United Bank for Africa (UBA) Plc, in  collaboration with…

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Report: Tier-2 banks under pressure as CBN’s 2026 recapitalisation deadline looms

Nigeria’s tier-2 banks are under mounting pressure to scale up operations or…

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NNPC names Odeh, Adewunmi as new corporate communications, relations chiefs

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the appointment…

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Providus Bank to take over Unity Bank as merger takes shapes

Providus Bank is set to take over Unity Bank in an acquisition…

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Motorists react as CNG price hits N380/SCM

Motorists across Nigeria have expressed mixed feelings following Monday’s increase in the…

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NNPCL, TotalEnergies-Sapetro seal PSC deal on 2 offshore oil blocks

The Nigerian National Petroleum Company Limited (NNPCL) and the TotalEnergies-Sapetro Consortium on…

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CBN reforms: Diaspora remittances surge to $600m monthly

The Federal Government has expressed excitement over a sharp rise in diaspora…

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Union Bank completes merger with Titan Trust Bank

Union Bank of Nigeria has announced the completion of its merger with…

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