Nigeria’s 2025 Licensing Round is already attracting early attention from major international oil companies as renewed confidence grows in the Nigerian Upstream Petroleum Regulatory Commission’s ongoing reforms, which industry players …
Radarr Africa Business Desk
Radarr Africa Business Desk
The Radarr Africa Business Desk reports daily on companies, markets, banking, energy, technology and policy across Nigeria and Africa. Stories are reviewed and edited by The Radarr Africa Editorial Team in Lagos. Story tips and corrections: business@radarr.africa.
- EconomyEnergyGovernanceNigeriaOil & GasPetroleum
- AfricaEconomyGovernanceNigeriaTrade
PRESIDENT TINUBU SAYS TRADE REFORMS WILL BOOST NIGERIA’S GLOBAL COMPETITIVENESS
President Bola Ahmed Tinubu has said that the Federal Government’s ongoing trade reforms, including the unification of the exchange rate, removal of fuel subsidy, and continued port modernisation, were introduced …
- Capital MarketEconomyFinanceGOVERNMENTPensionRegulation
Nigeria’s Pension Assets Rise to N26.09tn as PFAs Deepen Investments in Government Securities
Nigeria’s pension fund assets continued their steady growth in 2025, rising by more than N4.71tn as of the end of the third quarter. This represents a 22.03 per cent year-on-year …
- EconomyGOVERNMENTInfrastructurePower & Energy,Regulation
Nigeria’s electricity metering rate rises to 55% as NERC disburses N28bn for new meters
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 …
- 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 …
- 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 …
- 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 …
- 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 …
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 …
- 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 …