Nigeria’s electricity metering programme recorded a marginal improvement in August 2025, as the national metering rate increased from 54.71 per cent in July to 55.01 per cent, according to the …
Radarr Africa
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EconomyGOVERNMENTInfrastructurePower & Energy,Regulation
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BusinessEconomyGOVERNMENTInfrastructurePower & Energy,
Tinubu pledges full support for Siemens power project to boost electricity supply
President Bola Ahmed Tinubu has reaffirmed his administration’s full commitment to improving electricity supply in Nigeria through the Presidential Power Initiative being executed in partnership with Siemens Energy. Speaking during …
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AfricaBusinessFinance & ServicesInsuranceTechnology
Coronation Insurance CEO calls for responsible AI adoption in Africa’s insurance industry
The Managing Director and Chief Executive Officer of Coronation Insurance Plc, Mr Olamide Olajolo, has called for responsible and disciplined adoption of artificial intelligence in Africa’s insurance industry to ensure …
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BankingBusinessEconomyFinanceINVESTMENTStock Market
Nigerian Stocks Extend Losses as Profit-Taking Wipes Out N471.99bn
The Nigerian Exchange Limited (NGX) opened the week on a negative note as persistent profit-taking dragged the All-Share Index (ASI) down by 0.50 per cent to close at 148,781.90 points …
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BusinessFintechInnovationInsuranceTechnology
FastClaim Unveils AI Platform to Revolutionise Nigeria’s Motor Insurance Claims
The Founder and Chief Executive Officer of FastClaim Solutions Limited, Uche Okugo, has announced that the company’s new AI-powered platform is designed to automate, simplify, and speed up the process …
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BusinessCyber securityEconomyGOVERNMENTTaxationTechnology
Ogun Tax Chief Orders Strict Cybersecurity
The Executive Chairman of the Ogun State Internal Revenue Service (OGIRS), Olugbenga Olaleye, has directed all directors, zonal controllers, tax office managers, and heads of units to ensure strict compliance …
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BusinessEconomyFinanceINVESTMENTPensionTechnology
Leadway Pensure’s Pension Assets Rise to N1.35tn, Up 23.45% in Six Months
Pension Fund Administrator Leadway Pensure has announced a strong financial performance for the first half of 2025, with its Assets Under Management (AUM) rising to N1.35 trillion as of the …
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BankingBusinessCourt RulingsEconomyLawReal Estate
Court Orders Danium Energy, CEO to Pay Union Bank N20.7bn Over Unpaid Loans
The Federal High Court in Lagos has ordered petroleum marketer Kehinde Ogbor and his firm, Danium Energy Services Limited, to pay Union Bank Plc the sum of N20.7 billion after …
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BusinessEconomyEnergyOil & GasTrade
Dangote Refinery’s Petrol Price Cut May End Fuel Importation in Nigeria
Petroleum marketers in Nigeria may soon stop importing petrol as the Dangote Petroleum Refinery has slashed its ex-depot price by ₦49 per litre, a move that is already reshaping the …
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BankingBusinessEconomyFinanceINVESTMENTMonetary Policy
Nigerian Banks Earn Over N14.7tn in Nine Months as High-Interest Rates Boost Sector Growth
Nigeria’s biggest banks have continued to enjoy massive earnings in 2025 as nine major financial institutions raked in a total of N14.72 trillion in interest income during the first nine …