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Business · Vanguard ·
Ofor urges policy reforms, youth participation in economic planning
Ofor has advocated for comprehensive policy reforms and the active inclusion of young people in Nigeria's economic planning processes. The call emphasizes that integrating youth perspectives into national strategy is essential for achieving sustainable development and addressing current economic challenges through more inclusive and structured policy adjustments.
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Business · Daily Post ·
Blue-chip stocks push Nigerian exchange market to massive N1.365 loss
Heavy declines in blue-chip stocks have driven a significant downturn in the Nigerian exchange market. As a result, the financial market recorded a substantial decline, culminating in a reported loss of N1.365. The negative performance of these major equities heavily impacted the overall national trading metrics.
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Business · Nairametrics ·
NGX: Investors dump banking stocks, losing N1.3 trillion on dividend concerns
Investors on the Nigerian Exchange have significantly sold off their shares in the banking sector, resulting in a total market loss of N1.3 trillion. This substantial decline is primarily driven by growing apprehensions regarding future dividend payouts from these financial institutions.
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Business · BusinessDay ·
Nigeria’s import bill: which sectors gain from new tariff changes
Recent adjustments to Nigeria's import tariffs are expected to affect the national import bill and impact various industries differently. An analysis highlights specific economic sectors poised to benefit from the newly implemented trade policies and tariff structures.
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Business · Nairametrics ·
Nigeria records highest-ever stock market participation in a quarter
Nigeria recently recorded its highest level of stock market participation for a single quarter. The milestone reflects a significant increase in investor engagement within the domestic financial markets, marking an unprecedented period of activity for the national exchange.
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Business · Vanguard ·
OPay Leads the Conversation on Africa’s Next Financial Frontier at BusinessDay Fintech Summit 2026
OPay took a prominent role in discussions regarding the future of finance in Africa during the BusinessDay Fintech Summit 2026. The financial technology company spearheaded dialogues exploring emerging market opportunities and innovations expected to shape the economic landscape of the continent.
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Business · PM News ·
Oil surges past $110 as Iran tensions threaten global supply
Global crude oil prices have exceeded the $110 mark driven by escalating geopolitical tensions involving Iran. Market apprehensions regarding potential disruptions to the international energy supply chain have directly contributed to this significant price increase.
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Business · Leadership News ·
Marine Firm Slaps N771m Suit On AGF, Navy, Others Over Damaged Vessel
A marine company has filed a 771 million naira lawsuit against the Attorney General of the Federation, the Nigerian Navy, and other related parties. The legal action was initiated to seek financial compensation for damages inflicted on the firm's vessel.
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Business · Nairametrics ·
FGN bond auction attracts N948 billion bids across three maturities
A recent Federal Government of Nigeria bond auction drew significant investor interest, accumulating N948 billion in bids. The financial subscriptions were spread out across three different maturity categories, reflecting active participation in the national debt market.
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Business · Daily Post ·
Lagos, Rivers record highest borrowing as Nigeria’s debt hits N159.28tn
Nigeria's total national debt has escalated to 159.28 trillion naira, reflecting significant financial obligations across the government. Among the federating units, Lagos and Rivers states currently account for the highest levels of borrowing in the country.
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Business · Leadership News ·
Ensure Trade Fair Success, Abia Govt Tells Committtee
The Abia State Government has formally tasked a designated organizing committee with ensuring the successful execution of an upcoming trade fair. State authorities have mandated the committee members to adequately prepare and coordinate all necessary activities to guarantee a smooth commercial exhibition.
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Business · Channels TV ·
Naira To Dollar Exchange Rate Today April 28 2026
Channels TV provides an update on the exchange rate between the Nigerian Naira and the United States Dollar for April 28, 2026. The report details the current trading value of the local currency against the dollar, giving financial observers and business stakeholders insight into the latest foreign exchange market conditions.
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Business · Leadership News ·
N700bn Bond Sale: Federal Govt Deepens Domestic Borrowing For Budgetary Needs
The Nigerian federal government is conducting a N700 billion bond sale to expand its domestic borrowing. The raised funds are intended to help the government finance its ongoing budgetary obligations and meet current national fiscal needs.
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Business · Leadership News ·
Transcorp Power Declares N41.25bn Total Dividend, Raises Output To 550MW
Transcorp Power has announced the declaration of a total dividend amounting to N41.25 billion. In addition to this substantial financial distribution, the Nigerian energy company has successfully increased its electricity generation output to reach a total capacity of 550 megawatts.
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Business · Leadership News ·
Stock Market Loses N1.37trn Amid Banking Sector Selloff
The Nigerian equities market recorded a substantial decline, losing 1.37 trillion Naira in capitalization. This negative market performance was driven primarily by a recent selloff of shares within the banking sector by investors.
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Business · Leadership News ·
Zenith Bank Expands To Côte d’Ivoire, Strengthens Francophone Footprint
Zenith Bank is officially expanding its operations into Côte d’Ivoire to establish a stronger presence in Francophone Africa. This strategic move highlights the Nigerian financial institution's ongoing efforts to grow its regional footprint and extend its banking network across broader West African markets.
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Business · BusinessDay ·
Cashew industry crisis deepen as export ban push, high cost and leadership rift threatens 5 million jobs
The cashew industry is facing a deepening crisis that currently threatens five million jobs. The sector's instability is primarily driven by a growing push for an export ban, high operational costs, and an ongoing leadership rift among key figures within the industry.
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Business · Leadership News ·
Opay Leads Conversation On Africa’s Next Financial Frontier At Businessday Fintech Summit 2026
Prominent financial technology company Opay took center stage at the Businessday Fintech Summit 2026 to guide discussions regarding the future of Africa's financial landscape. The firm spearheaded dialogues focused on the next frontier for financial services and technological advancements across the continent.
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Business · Premium Times ·
Zenith Bank launches Cote d’ Ivoire subsidiary, strengthens Francophone West Africa presence
Zenith Bank has launched a new operational subsidiary in Cote d'Ivoire. The strategic move is designed to expand and strengthen the Nigerian financial institution's footprint and banking presence across the Francophone West African region.
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Business · Nairametrics ·
Coronation Insurance to raise N9.26 billion following shareholders’ approval
Coronation Insurance has secured official approval from its shareholders to raise an additional 9.26 billion naira in capital. The Nigerian financial institution is expected to use the newly authorized funds to strengthen its capital base and support ongoing corporate objectives within the insurance sector.