Business

GENCOS reject FG’s offer to forfeit 50% of N5trn debt

GENCOS reject FG’s offer to forfeit 50% of N5trn debt

Power generation companies have rejected contract offers from the Federal Government requiring them to accept 50 percent of the total…
Tinubu: Nigeria to establish 1,000 businesses in each ward to stimulate economy

Tinubu: Nigeria to establish 1,000 businesses in each ward to stimulate economy

President Bola Tinubu, on Friday, announced Nigeria’s plan to establish 1,000 active businesses in every ward across the country as…
African startups have raised $2.65b in 2025, 56% more than 2024

African startups have raised $2.65b in 2025, 56% more than 2024

African startups have raised $2.65 billion so far in 2025, according to data from Africa the Big Deal. This feat is…
What the National Fintech Regulatory Commission Bill means for innovation

What the National Fintech Regulatory Commission Bill means for innovation

Like many in Nigeria’s fintech ecosystem, I’ve been following the discussions around the proposed National Fintech Regulatory Commission Bill with great interest.…
Customs Port Harcourt 1 Command collects N33b revenue in October 2025

Customs Port Harcourt 1 Command collects N33b revenue in October 2025

The Nigeria Customs Service (NCS) Port Harcourt Command 1 has raked in N247 billion from January 2025 to October 2025, surpassing its…
AFAN, cashew farmers fault FG over food prices

AFAN, cashew farmers fault FG over food prices

The All Farmers Association of Nigeria and the National Apex of Cashew Farmers, Processors and Marketing Cooperative Limited have faulted the…
Proshare – What to Expect from the Markets this Week

Proshare – What to Expect from the Markets this Week

This week, the domestic macroeconomic space was dominated by the new N1.15 trn borrowing plan, oversubscription of the Eurobond issuance…
Presco Plc Launches N250bn Rights Issue to Boost Expansion and Market Position

Presco Plc Launches N250bn Rights Issue to Boost Expansion and Market Position

Presco Plc announces the launch of its N250 billion Rights Issue, following approvals from its Shareholders, Regulatory Authorities, and the Nigerian…
CPPE: Trump’s threat of military action against Nigeria may trigger capital flight, weaken naira

CPPE: Trump’s threat of military action against Nigeria may trigger capital flight, weaken naira

The Centre for the Promotion of Private Enterprise (CPPE) says the recent threat of possible military action against Nigeria by United States…
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