W Health Ventures, a health-focused investment company, is planning to raise a new fund of $70 million (about ₦105 billion) with a possibility of going as high as $100 million …
BusinessEconomyHealthcareINVESTMENTStartupsTechnology
- Business and EconomyDevelopmentDiasporaHousingReal Estate
FMBN Offers Mortgage Loan to Nigerians in Diaspora
The Federal Mortgage Bank of Nigeria (FMBN) has introduced a special mortgage loan for Nigerians living abroad. The new product, called the Diaspora Mortgage Loan, was officially launched by the …
- GovernanceImmigrationInternational AffairsLawSecurityTravel & Tourism
Customs Warns Travellers on Visa Misuse, Dollar Limits
The Nigeria Customs Service (NCS) has issued a serious warning to Nigerians, especially those planning to travel to the United States of America, over the misuse of US entry visas …
- BankingClimateDevelopmentEconomyEnvironmentGovernance
Bank of Ghana Moves to Enforce Climate Risk Policies in Banks
The Bank of Ghana (BoG) has taken a bold step towards a greener and more sustainable financial sector by calling on banks across the country to fully adopt the Ghana …
- Business and EconomyDevelopmentGovernanceMaritimeTrade and Commerce
Maritime Trade Tops Agenda at ICC Nigeria’s 26th AGM
The International Chamber of Commerce (ICC) Nigeria has announced that it will hold its 26th Annual General Meeting (AGM) on Thursday, 31st July 2025, in Lagos. This year’s event will …
- Business and EconomyFinance & ServicesPower SectorPublic UtilitiesRegulation
NERC Reports N70bn Unpaid Electricity Bills in Nigeria
Electricity consumers across Nigeria failed to pay a total of N70.25 billion in May 2025, according to the latest commercial performance report released by the Nigerian Electricity Regulatory Commission (NERC). …
- Banking, Finance & InvestmentBusiness and EconomyCapital MarketCorporate Earnings
FCMB Grows Half-Year Profit to N73.4bn in 2025
FCMB Group Plc has announced a strong financial performance for the half-year period ended June 30, 2025, showing major growth in revenue, profit, and customer deposits, despite some challenges in …
- Banking, Finance & InvestmentBusiness and EconomyCryptocurrencyGovernment Policy
Banks to File N25m Transaction Reports Monthly from 2026
From January 2026, banks, insurance companies, stockbrokers, and other financial institutions in Nigeria will start submitting detailed monthly reports of large transactions to the tax authorities, following a new tax …
- BusinessConsumer AffairsInternational, RegulationTechnology
Temu Risks Consumer Safety, Faces EU Scrutiny
The European Union (EU) has accused popular online shopping platform Temu of failing to protect consumers by allowing the sale of illegal and potentially harmful products, in violation of its …
- BusinessCorporate NewsEconomyFinance & ServicesNigeria
Transcorp Power Declares N11.25bn Dividend on Strong Earnings
Transcorp Power Plc, the electricity generation arm of Transnational Corporation Plc (Transcorp Group), has posted strong financial results for the first half of the year ended June 30, 2025. The …