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Business · ThisDay ·Dash MFB Lowers Transaction Fees to N5 to Support Customers
Dash Microfinance Bank has announced a reduction in transaction fees to five naira to provide financial relief and support for its customer base. This move aims to enhance affordability for users conducting digital transfers and other banking operations through the institution's financial platform.
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Business · ThisDay ·
UN ARFSD-12 to Host WiM-Africa Dialogue on Responsible Minerals, Gender Index
The twelfth Africa Regional Forum on Sustainable Development will host the Women in Mining Africa dialogue. This session aims to address responsible mineral sourcing and the introduction of a gender index to measure progress in the extractive industry across the continent, focusing on sustainable and inclusive growth.
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Business · Daily Post ·Champion Breweries Plc reports Q1 2026 results, announces transition to group reporting structure
Champion Breweries Plc has released its financial results for the first quarter of 2026. Alongside the performance update, the company announced a shift in its organizational framework to a group reporting structure. This strategic transition aims to streamline the firm's financial documentation and operational management processes following the latest reporting period.
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Business · ThisDay ·
Akume to NUPRC Board: Uphold Highest Standard of Corporate Governance, Ensure Accountability
George Akume has urged the Board of the Nigerian Upstream Petroleum Regulatory Commission to prioritize high standards of corporate governance and accountability. The directive aims to strengthen the regulatory body's operations and ensure transparency in its management of the country's upstream oil and gas resources.
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Business · The Punch ·VIDEO: Many of my children don’t want to follow me — Razaq Okoya
Nigerian industrialist Razaq Okoya has disclosed that many of his children have chosen not to pursue careers within his established business empire. He noted that several of them prefer to follow their own professional paths independently rather than succeeding him in the family enterprise.
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Business · Leadership News ·
Media Firm Hails Mike Adenuga At 73, Salutes Business Mogul’s Legacy Of Enterprise, Nation-Building
A media organization has commended Nigerian businessman Mike Adenuga on the occasion of his 73rd birthday. The firm highlighted his contributions to the country's economic development and his long-standing legacy in various sectors of the Nigerian enterprise. The tribute focuses on his impact on business growth and national development efforts over several decades.
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Business · Nairametrics ·
MTN Nigeria to sell 60% of MoMo PSB, YDF to MTN Group
MTN Nigeria is set to divest a 60% stake in its financial services subsidiaries, MoMo Payment Service Bank and Yellow Digital Financial Services, to the MTN Group. This strategic realignment aims to transfer majority ownership of these units to the parent company while maintaining a minority interest in the local operations.
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Business · BusinessDay ·Ibukun Awosika quits Cadbury Nigeria board after nearly two decades
Ibukun Awosika has resigned from the board of directors of Cadbury Nigeria Plc after serving for nearly twenty years. Her departure marks the end of a significant tenure with the consumer goods company, where she contributed to corporate governance and strategic oversight throughout her lengthy period of service.
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Business · Vanguard ·IATA unveils Keyamo in Addis Ababa as one of Africa’s top four aviators
Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo, was named one of Africa's top four aviators by the International Air Transport Association in Addis Ababa. The recognition highlights his leadership within the regional aviation industry and positions Nigeria prominently among key players in the continent's air transport sector.
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Business · BusinessDay ·Kenya’s inflation hits 2-year high as Middle East war fuels price pressures
Inflation in Kenya has reached a two-year peak as the conflict in the Middle East contributes to significant price hikes. Economic data indicates that regional instability is driving up costs, creating substantial pressure on the domestic economy and impacting the cost of living for residents across the nation.
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Business · BusinessDay ·USSD charges stay despite failures- ALTON
The Association of Licensed Telecommunications Operators of Nigeria has indicated that USSD service charges will persist despite persistent technical failures. This development follows ongoing challenges with mobile banking transactions, as telecommunications providers maintain the current billing structure for users across various networks regardless of the outcome of their service requests.
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Business · BusinessDay ·UACN profit rises more than 4-fold on revenue expansion
UAC of Nigeria PLC recorded a significant financial performance, with its profit increasing more than fourfold. This growth was primarily driven by an expansion in the company's revenue. The results reflect a strong upward trend in the conglomerate's operations and financial standing during the period under review.
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Business · BusinessDay ·Tara Fela-Durotoye shows why ‘Campusprenuers’ need structure early on
Tara Fela-Durotoye has emphasized the importance of establishing formal business structures for student entrepreneurs to ensure long-term sustainability. She advised that young business owners should implement organizational frameworks early in their ventures to effectively manage growth and navigate the complexities of balancing academic pursuits with commercial activities.
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Business · Premium Times ·UACN’s acquisition of CHI Limited propels quarterly profit up by more than fourfold
UAC of Nigeria PLC has reported a quarterly profit increase of over four hundred percent following its acquisition of CHI Limited. The corporate move significantly boosted the company's financial performance during the period, marking a substantial growth milestone for the conglomerate within the Nigerian market as it integrates the new subsidiary.
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Business · BusinessDay ·LSETF set to commence female founders, funders entrepreneuship programme
The Lagos State Employment Trust Fund is launching a new entrepreneurship initiative specifically targeted at female founders and funders. This programme aims to support women-led businesses and female investors by providing resources and networking opportunities to strengthen the participation of women within the Nigerian entrepreneurial ecosystem.
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Business · ThisDay ·
Senate Panel Clears Yuguda for Confirmation as CBN Deputy Governor
A Senate committee has cleared Yuguda for confirmation as a Deputy Governor of the Central Bank of Nigeria. The screening process by the legislative panel precedes the final approval by the full house, facilitating the official appointment of the nominee to the financial institution's leadership.
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Business · Channels TV ·
TotalEnergies Q1 Profits Surge Amid Middle East War
TotalEnergies has reported a significant increase in its first-quarter profits, driven largely by global energy market shifts linked to the ongoing conflict in the Middle East. The multinational energy corporation's financial performance reflects the impact of geopolitical instability on oil and gas prices during the early months of the year.
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Business · Nairametrics ·
Custodian records N21.42 billion Q1 profit as investment income triples, beats forecast
Custodian has recorded a first-quarter profit of N21.42 billion, exceeding market expectations for the period. The growth was primarily driven by investment income tripling, which significantly bolstered the company's bottom line. These results reflect a strong start to the fiscal year for the firm's financial operations and investment strategy.
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Business · PM News ·
Naira slides to N1,383/$ as external reserves dip further
The Nigerian Naira has depreciated to 1,383 against the US Dollar in the foreign exchange market. This decline coincides with a continuous reduction in the country's external reserves, reflecting ongoing pressure on the national currency and the broader economic framework as reported by fiscal monitoring data.
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Business · Nairametrics ·
Top 10 states with the cheapest fuel in Nigeria—March 2026
A recent report identifies the ten Nigerian states with the lowest fuel prices during March 2026. The data highlights regional disparities in energy costs across the federation, providing a ranking based on official figures to assist consumers and businesses in understanding the prevailing domestic fuel market landscape.
Nigerian News
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