Business
Consumers paid N208.15bn for electricity in May — NERC
By Obas Esiedesa, Abuja Electricity consumers across Nigeria paid a total of N208.15 billion for power supplied in May 2026, as electricity distribution companies (DisCos) improved their revenue collection efficiency
NESG says business confidence rising despite soaring costs
•But warns energy prices, credit squeeze threaten outlook By Babajide Komolafe Nigeria’s business environment recorded stronger expansion in July 2026 despite rising operating costs, but the Nigerian Economic Summit Group,
‘Banking Sector Recapitalisation Will Strengthen Nigeria’s Financial Ecosystem’
Managing Director, FairMoney Microfinance Bank, Henry Obiekea, has stressed the need for the implementation of the ongoing recapitalisation programme of the Central Bank of Nigeria (CBN), describing it as a strategic investment that will strengthen Nigeria’s financial
ASUS, Konga Unveil Flagship Experience Store in Lagos
ASUS, in partnership with Konga, has officially unveiled its first flagship experience store in West Africa, located in Computer Village, Ikeja, Lagos. The state-of-the-art facility represents a major investment in
Fadahunsi: AVA Capital Has Significantly Expanded Governance, Disclosure Responsibilities
Kayode Tokede The Managing Director and Chief Executive Officer, AVA Capital Plc, Mr. Kayode Fadahunsi has revealed that the recent listing on the Nigerian Exchange Limited (NGX) has significantly expanded
SPIN to Convene Sustainability Leaders at Inaugural Conference
The Sustainability Professionals Institute of Nigeria (SPIN) is set to hold its inaugural Sustainability Conference 2026, a landmark national gathering that will bring together business leaders, policymakers, regulators, financial institutions,
Paystack Launches Small Business Launchpad for SMEs
Paystack, one of Africa’s leading payments technology companies, has launched Small Business Launchpad, a four-week growth programme for active Paystack merchants running small and medium-sized businesses in Nigeria. The first
Academy Empowers Professionals, Reinforces Digital Economy Drive
.ng Academy, the training arm of the Nigeria Internet Registration Association (NiRA), has successfully hosted a pre-conference workshop at the NCS RISE 2026 International Conference, thus deepening its investment in Nigeria’s digital skills development. The workshop forms
H1: NB Restores Retained Earnings to Positive Position, Records N804bn Revenue
Kayode Tokede Nigerian Breweries Plc, has announced a strong performance for the first half of the 2026 financial year, recording a Group Revenue of N804 billion, representing a 9% increase over the
Dangote Refinery drops PMS to N1,165/litre, diesel to N1,570/litre
By Peter Egwuatu Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel), effective Thursday 6th of August, thereby
