Business

One of the beneficiaries, Otunba Oladejo, hailed the initiative as unprecedented and acknowledged that the funding would enable operators to improve their services. However, he identified noncompliance with payment by…

One of the country’s listed real estate investment trusts, SFS Real Estate Investment Trust, reported a striking 762 per cent increase in profit to approximately N4.1bn for the 2025 financial…

Similarly, Dr Aliyu Ilias, a development economist, cautioned against the negative impacts of borrowing on inflation and the cost of living. He advised the government to focus on alternative revenue…

Federal Initiative Expands Digital Access: New Credit Scheme Makes Tech Devices Affordable for Nigerian Workers The Nigerian government has unveiled a nationwide digital device financing program through the Nigerian Consumer…

Nigeria’s Foreign Exchange Reforms Drive Unprecedented Capital Inflows in 2025 The Central Bank of Nigeria (CBN) has reported a remarkable surge in foreign capital inflows, reaching US$20.98 billion in the…

The Dangote Group has entered a strategic partnership with Honeywell International Inc. to support a major expansion of the Dangote Petroleum Refinery, aiming to increase its processing capacity to 1.4…

PalmPay Achieves Historic First Transaction on Nigeria’s New National Payment Stack In a groundbreaking development for Nigeria’s financial sector, PalmPay, in partnership with Wema Bank, has successfully executed the first…

National Agricultural Show 2023: NAFN Extends Presidential Invitation to Tinubu The National Agricultural Foundation of Nigeria (NAFN) has formally invited President Bola Tinubu to attend the upcoming 17th Annual National…

Africa’s Digital Payment Systems See Massive Growth, Exceeding $1.9 Trillion in 2024 A comprehensive report reveals unprecedented growth in Africa’s instant payment systems (IPS), with transactions reaching $1.98 trillion in…