-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
Business · Leadership News ·
Firm Posts N33.5bn Profit, Approves 200% Dividend Increase for 2025
A company has reported a total profit of N33.5 billion and officially approved a 200 percent increase in dividend payments for the year 2025. This development highlights substantial revenue generation and guarantees higher financial returns for the organization's investors during the upcoming fiscal distribution period.
-
Business · Leadership News ·
Our VIN Report Reveals What Car Dealers Don’t Want You To Know In Nigeria
A recent Vehicle Identification Number report exposes hidden details regarding automobiles sold by dealers across Nigeria. The findings highlight undisclosed vehicle histories and potential discrepancies that buyers are frequently not informed about during purchasing transactions, aiming to provide transparency in the local automotive market.
-
Business · Leadership News ·
Cashew Producers Warn Against Export Ban, Seek Low-cost Loans
Cashew producers have cautioned against the implementation of an export ban on their commodities. In addition to opposing the potential trade restriction, the agricultural workers are requesting access to affordable, low-cost loans to support their operations and sustain the local industry.
-
Business · Leadership News ·
Fitch Downgrades MoneyGram On Declining Revenue
Global credit rating agency Fitch has officially lowered the financial rating of international money transfer company MoneyGram. The downgrade was issued in response to the remittance provider experiencing a noticeable decline in its overall revenue, reflecting recent financial pressures on the company's corporate earnings and business operations.
-
Business · Leadership News ·
Firm Shortlisted For 2026 SABRE Award
A business enterprise has been officially shortlisted as a nominee for the upcoming 2026 SABRE Awards. The nomination acknowledges the organization's work in the public relations and communications sector, positioning it alongside other industry contenders ahead of the final award ceremony.
-
Business · Leadership News ·
Data As Fiscal Infrastructure
The concept of integrating comprehensive data systems as a core component of economic management is gaining attention. Treating information as foundational fiscal infrastructure allows authorities to enhance financial planning, streamline resource allocation, and strengthen overall economic frameworks within the Nigerian financial sector.
-
Business · BusinessDay ·Interswitch Retail Summit charts path to profitable, digital-driven retail
The Interswitch Retail Summit recently highlighted strategies for transforming the retail sector into a more profitable industry through the adoption of digital solutions. The event focused on guiding businesses toward leveraging modern technology to enhance retail operations and achieve sustainable financial success.
-
Business · BusinessDay ·BOI wins global sustainable finance award, strengthens Nigeria’s green push
The Bank of Industry has received a global award for sustainable finance. This international recognition highlights the financial institution's efforts and is expected to reinforce Nigeria's ongoing environmental initiatives and overall commitment to advancing green economic development and sustainability across the country.
-
Business · Channels TV ·Crude Extends Gains As Trump Considers Latest Iran Proposal
Global crude oil prices are continuing their upward trajectory as Donald Trump evaluates a newly presented proposal regarding Iran. The ongoing geopolitical developments and potential shifts in diplomatic relations are actively influencing international energy markets, resulting in sustained gains for oil commodities.
-
Business · Premium Times ·Nigeria targets sports economy growth through intellectual property
The Nigerian government is aiming to stimulate economic growth within its sports sector by leveraging intellectual property. This strategy focuses on utilizing intellectual property rights to unlock new financial opportunities and enhance the overall commercial value of the national sports industry.
-
Business · Channels TV ·
Bank Of Japan Hikes Inflation Forecast, Holds Interest Rates
The Bank of Japan has revised its inflation forecast upwards while deciding to maintain its current interest rates. The central monetary authority opted to hold borrowing costs steady despite anticipating higher consumer price levels in the Asian nation's economy.
-
Business · BusinessDay ·Big deals mask shrinking seed funding across Africa’s startup ecosystem
Large investment transactions are currently obscuring a significant decline in seed funding within the African startup ecosystem. Despite the presence of major financial agreements, early-stage companies across the continent are facing increasing difficulties in securing the foundational capital required to launch and grow their operations.
Nigerian News
Headlines from across Nigeria, summarised and updated continuously. Tap any headline to read the full story on the source site.