Business
Moniepoint MFB Launch Campaign to Boost Savings
Nume Ekeghe Moniepoint Microfinance Bank has launched an enhanced savings product line alongside a new campaign, “One Step Ahead,” featuring Nollywood actress and filmmaker, Funke Akindele, popularly known as Jenifa. The
Profit-taking Persists as Stock Market Sheds N555.7bn
Kayode Tokede The domestic stock market yesterday dropped by N555.7 billion to sustain its down momentum for the third consecutive trading session this week. Capital market analysts attributed the downward
Firms Partner to Advance Sovereign AI, Cloud Solutions across Africa
Analytics Intelligence, a leading provider of artificial intelligence and data analytics solutions, has entered into a strategic partnership with Open Access Data Centres (OADC), a WIOCC Group company, to develop
Onitsha Traders Protest After Police Shooting Over Alleged N5,000 Bribe
There was pandemonium in Onitsha yesterday at the River Niger Head Bridge, after a policeman pulled the trigger on a trader over an argument resulting from payment of N5,000 bribe.
Wage bill, other spending exceed subsidy savings — Oyedele
…Govt saved N15.8trn from subsidy removal, naira floatation …FG got only N5.43trn, borrowed N11.85trn …No large pool of cash available to FG By Emma Ujah, Abuja Bureau Chief ABUJA —
Subsidy removal, naira float saved Nigeria N15.8trn — Oyedele
…Lists wage increases, infrastructure, NELFUND, social transfers as benefits of reforms By Emma Ujah ABUJA — The Federal Government has said reforms involving the removal of fuel subsidy and the
NAICOM revokes Universal Insurance’s licence, appoints receiver
By Innocent Anaba The National Insurance Commission (NAICOM) has revoked the license of Universal Insurance Plc and appointed a receiver/provisional liquidator to commence the process of winding up the company’s affairs.
FAAC: FG, States, LGs share N3 trn
By Emma Ujah, Abuja Bureau Chief The three tiers of government have shared N3.007 trillion as July 2026 revenue. The revenue was shared at the Federation Account Allocation Committee, FAAC, meeting
Dangote Refinery IPO gets $1bn underwriting backing from Marob, Lilium
By Udeme Akpan Dangote Petroleum Refinery & Petrochemicals FZE, DPRP, has secured $1 billion in underwriting backing from Marob Strategies and Consulting DIFC Ltd and Lilium Capital Group ahead of its
Don’t dismiss US 2026 Fiscal Transparency Report, BudgIT tells FG
By Emma Ujah, Abuja Bureau Chief BudgIT, a civic-tech organisation promoting transparency and accountability in Nigeria’s public finance, has urged the Federal Government not to dismiss the United States Department of
