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Business · PM News ·
UBA Drives Bank-Fintech Collaboration at Pan-African Conference
United Bank for Africa is spearheading efforts to enhance partnerships between traditional banking institutions and fintech companies. This initiative was highlighted during a recent Pan-African conference, where the bank emphasized the importance of synergy to drive financial inclusion and innovation across the African continent.
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Business · Premium Times ·
UBA Pushes Deeper Bank-Fintech Collaboration at pan African Conference
United Bank for Africa has called for stronger partnerships between traditional banking institutions and fintech firms during a pan-African conference. The move aims to foster innovation and improve financial service delivery across the continent by leveraging the strengths of both sectors to drive economic growth and digital inclusion for African consumers.
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Business · The Punch ·
BREAKING: Dangote refinery recalls sacked engineers, warns against further misconduct
Dangote Refinery has reinstated engineers who were previously dismissed from their positions. The management accompanied the recall with a stern warning to the returning staff members, cautioning them against engaging in further misconduct while performing their duties at the large-scale industrial facility.
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Business · Daily Post ·
Dollar to Naira exchange rate today, April 30, 2026: Nigerian currency sustains appreciation ahead of holiday
The Nigerian Naira maintained its upward trend against the United States Dollar on April 30, 2026. This continued appreciation of the local currency occurred just before the start of a public holiday period, reflecting current market dynamics in the foreign exchange sector and impacting the daily exchange rate.
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Business · Vanguard ·
Dangote Refinery recalls redeployed engineers
Dangote Refinery has officially recalled engineers who were previously redeployed to other departments or projects within the group. The move involves returning technical personnel to their primary roles at the refinery to support current operational requirements and ensure the facility maintains its workforce capacity for ongoing production goals.
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Business · The Punch ·
FG approves $2.99bn for Lagos Green Line, Kano Metro, Kaduna rail projects
The Federal Government has approved $2.99 billion for the development of major rail infrastructure projects across Nigeria. This funding is designated for the Lagos Green Line, the Kano Metro, and rail systems in Kaduna. The initiative aims to enhance urban mobility and expand transportation networks through significant capital investment in the nation's railway sector.
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Business · Nairametrics ·
Africa Re and Insurance Consortium Power Landmark Lagos Flood Risk Insurance Initiative in partnership with Lagos State Government
Africa Re and a consortium of insurance firms have partnered with the Lagos State Government to launch a flood risk insurance initiative. The project aims to provide financial protection against flood-related losses within the state, leveraging the expertise of the reinsurer and local partners to manage climate-related risks effectively.
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Business · BusinessDay ·
Naira appreciates despite zero turnover
The Nigerian Naira appreciated in value during the most recent trading period. This increase occurred despite data showing zero turnover recorded in the official foreign exchange market. The movement in the currency's exchange rate happened in the absence of transaction volumes, reflecting current dynamics within Nigeria's financial landscape.
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Business · BusinessDay ·
Ethnocentrique drives 10,000 jobs as fashion future program closes pilot phase
Ethnocentrique has completed the pilot phase of its Fashion Future program, an initiative designed to create 10,000 jobs within the industry. The project aims to empower participants and strengthen the local fashion ecosystem, marking a significant milestone in the organization's efforts to drive economic growth and employment opportunities across Nigeria.
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Business · The Punch ·
FG to demolish, reconstruct Carter bridge in Lagos with N548.98bn
The Federal Government of Nigeria has announced plans to demolish and reconstruct the Carter Bridge in Lagos State. The project is estimated to cost approximately N548.98 billion. This infrastructure initiative is designed to upgrade the historic bridge to meet current safety standards and improve traffic flow within the metropolitan area.
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Business · Daily Post ·
One transaction can ruin your business – EFCC warns fintech CEOs
The Economic and Financial Crimes Commission has cautioned chief executive officers of fintech companies about the risks of illicit transactions. The agency emphasized that a single fraudulent deal could jeopardize an entire business operation, urging executives to maintain strict compliance with regulatory standards to prevent financial crimes.
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Business · Vanguard ·
FG resolves 20-year MM2 dispute, approves aircraft leasing firm – Keyamo
The Nigerian Federal Government has settled a twenty-year dispute regarding the Murtala Muhammed Airport Terminal 2 in Lagos. Aviation Minister Festus Keyamo announced the resolution alongside the federal approval for a new aircraft leasing firm intended to provide local airlines with better access to equipment and financial support.
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Business · BusinessDay ·
Niger to establish carbon market office, eyes climate action leadership
Niger plans to establish a carbon market office to advance its climate action goals and position itself as a regional leader in environmental sustainability. The initiative involves creating a structured framework for carbon credit trading to attract investments and support ecological preservation efforts within the state.
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Business · The Punch ·
Anambra hails new fun city as key driver of tourism, economy
The Anambra State government has welcomed the launch of a new recreational facility, positioning it as a major contributor to the state's tourism and economic sectors. Officials believe the project will drive local investment and enhance the hospitality industry as part of broader development efforts within the region.
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Business · Premium Times ·
FG moves to end long-running MMA2 dispute with Bi-Courtney after 20 years
The Federal Government of Nigeria has initiated steps to resolve a twenty-year legal and contractual dispute with Bi-Courtney Aviation Services Limited regarding the Murtala Muhammed Airport Terminal 2 in Lagos. This move aims to conclude long-standing disagreements over the concession agreement and foster a more collaborative relationship within the country's aviation sector.
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Business · BusinessDay ·
DBN announces N8.5bn dividend, MSME lending reaches N1.4tn, jobs hit 1.6m
The Development Bank of Nigeria has declared a dividend of N8.5 billion after its lending to micro, small, and medium enterprises reached N1.4 trillion. This financial support has reportedly contributed to the creation of 1.6 million jobs, highlighting the bank's impact on Nigerian small businesses and the broader national economy.
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Business · BusinessDay ·
Glo commends Nigerian Workers on May Day
Globacom, a leading Nigerian telecommunications operator, has extended its commendations to the nation's workforce in celebration of May Day. The company acknowledged the contributions of employees across various sectors to the economic growth and development of the country, emphasizing the importance of their dedication to national progress.
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Business · The Punch ·
Displaced Benue residents reject allocation of farmlands to mining firm
Internally displaced persons in Benue State have expressed opposition to the allocation of their ancestral farmlands to a private mining company. The affected residents contend that the decision further threatens their livelihoods, as they rely on the land for sustenance while already dealing with the challenges of displacement.
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Business · The Punch ·
FG, Bi-Courtney resolve 20-year MM2 dispute
The Federal Government of Nigeria and Bi-Courtney Aviation Services Limited have settled a legal dispute over the Murtala Muhammed Airport Terminal 2 that lasted for twenty years. This resolution concludes long-standing disagreements regarding the concession agreement and aims to facilitate smoother operations within the nation's aviation sector through renewed cooperation.
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Business · Premium Times ·
Traders cry out as curfew in Adamawa cripples inter-state trade
Traders in Adamawa State are expressing concerns over a curfew that has significantly hindered inter-state commercial activities. The movement restrictions have disrupted the transport of goods and services, leading to financial losses for business owners who rely on cross-border trade. Local commerce remains stalled as stakeholders call for measures to address the economic impact.