Business

Nigeria’s business environment is facing stricter conditions due to rising inflation, ongoing power supply issues, and tightening financing conditions, which are collectively eroding operating margins and slowing expansion across key…

Workers at Seplat Energy Plc have suspended their ongoing strike action, following renewed negotiations and interim commitments on wage adjustments, thereby alleviating concerns over potential disruptions to Nigeria’s oil and…

The Federal Government recently made significant progress in eliminating massive payroll fraud, with the discovery of 45,000 “ghost workers” through the integration of the Bank Verification Number (BVN) system. Former…

Mutual Aid Specialist Micro-Insurance Limited (MAIDS) has launched its groundbreaking operations in Nigeria, introducing the country’s first Blockchain Hybrid Mutual Insurance (BLOHMI) model. This innovative approach is set to revolutionise…

  As the power sector struggles with liquidity challenges across the value chain, President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential…

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…