Tag: Business News
FirstHoldCo Secures Shareholder Approval for N1 Trillion Capital Base
LAGOS — FirstHoldCo, the holding company of First Bank of Nigeria, has secured shareholder approval to raise its…
Energy Activist Oye Slams FG Celebration Despite NNPC N30trn Debt
LAGOS — Energy activist Dan Oye has criticised the Federal Government for celebrating energy sector reforms while ignoring…
OPay Expands Financial Access To Nigeria’s Last-Mile Communities
LAGOS — Digital financial services platform OPay is expanding its reach into Nigeria's last-mile communities, bringing mobile payments,…
Ogun Ranked Nigeria’s Second Best-Performing State in 2025 Index
ABEOKUTA — Ogun State has been ranked as the second best-performing state in Nigeria in the 2025 State…
Liberia-Nigeria Trade Forum Set for June 15 in Lagos to Unlock Ties
LAGOS — The inaugural Liberia-Nigeria Trade and Investment Forum 2026 is set to hold on Monday, June 15,…
Naira Holds Steady at N1,373 as T+1 Launch Boosts Confidence
LAGOS — The Nigerian naira maintained steady momentum on Monday, June 1, as markets reopened after the extended…
NGX Launches T+1 Settlement Today as Stock Market Resumes Trading
LAGOS — The Nigerian Exchange Group officially launched the T+1 equity settlement cycle on Monday, June 1, 2026,…
Naira Stays Stable on Friday as CBN Sustains Holiday FX Support
LAGOS — The Nigerian naira maintained relative stability against the United States dollar on Friday, May 29, 2026,…
Nigerian Stock Market Dips as Traders Step Back for Long Holiday
LAGOS — The Nigerian stock market recorded a decline in trading activity on Wednesday as investors pulled back…
NAICOM Issues Nigeria’s First Digital Insurance Operational Licence
ABUJA — The National Insurance Commission has issued Nigeria's first operational licence to a digital insurance company. The…
Nigeria’s Foreign Reserves Rise Above $50bn in Major Milestone
ABUJA — The Central Bank of Nigeria has confirmed that Nigeria's foreign exchange reserves have risen above $50…
Enugu EEDC Deploys SuperEdge Billing to Cut Revenue Losses
ENUGU — The Enugu Electricity Distribution Company has announced the completion and deployment of its SuperEdge integrated billing…
