Business

Oil Industry Pension Crisis: PENGASSAN Raises Alarm Over Retirees’ Declining Benefits Nigerian oil and gas sector retirees are facing severe economic hardship as their pension values continue to deteriorate amid…

The announcement represents a major development in Nigeria’s agribusiness sector, potentially setting the stage for increased agricultural productivity and processing capabilities in the country’s food production industry.

Nigeria’s Foreign Reserves Hit $43.32 Billion, Marking Significant Year-on-Year Growth Nigeria’s international reserves reached a notable milestone of $43.32 billion as of November 6, 2025, representing an 8.2 percent increase…

CBN’s Treasury Bill Operations Reach N11.43 Trillion in 2025 as Part of Economic Stabilization Efforts The Central Bank of Nigeria (CBN) has significantly expanded its monetary operations, successfully mopping up…

Nigeria Launches Revolutionary Digital Payment Platform with Successful First Transaction Nigeria’s financial technology sector marked a historic moment as the first live transaction was successfully processed through the National Payment…

Nigeria Records Progress in Electricity Metering as DisCos Add Over 70,000 New Meters In a significant development for Nigeria’s power sector, electricity distribution companies (DisCos) successfully deployed 70,888 new meters…

Standard Chartered Nigeria Announces Major Branch Closures Amid Digital Transformation Standard Chartered Bank Nigeria Limited has revealed plans for significant branch closures nationwide, scheduled to take effect from January 15,…

Air Traffic Crisis Deepens as Trump Clashes with Controllers Amid Shutdown President Donald Trump and air traffic controllers engaged in a heated exchange Monday as the ongoing government shutdown continues…

Banks Warn Nigerians of Sophisticated Cyber Scams Targeting Customer Accounts Major Nigerian banks have issued urgent security alerts about new cybercrime tactics targeting customers through fake banking applications and deceptive…