The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has called for stronger compliance with oil and gas sector regulations, especially in midstream and downstream operations. This call was made …
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.
- BusinessEconomyEnergyGOVERNMENTNigeriaOil & GasPolicies
- AgricultureEconomyFood ProductionManufacturing & Consumer GoodsMarketsNigeria
Lagos Food Prices Surge in July 2025 as Onions, Rice, and Pepper Hit Record Highs
Food prices across key markets in Lagos State surged sharply in July 2025, with common household staples such as onions, rice, and pepper leading the price increases. This development has …
- AfricaBanking, Finance & InvestmentFinance & ServicesFintechTechnologyTrade and Commerce
UBA’s AI Chatbot LEO Now Facilitates Cross-Border Payments in Africa
United Bank for Africa (UBA) Plc, one of the continent’s biggest financial institutions, has announced that its Artificial Intelligence (AI) chatbot, LEO, is now capable of performing cross-border payment transactions. …
- Banking, Finance & InvestmentINVESTMENTMarketsNigeria
FBN Holdings Sees N323.4 Billion Off-Market Share Trade
FBN Holdings Plc, the parent company of FirstBank Nigeria, recorded a massive off-market transaction on July 16, 2025, involving the sale of 10.43 billion units of its shares. The bulk …
- BusinessEconomyGOVERNMENTNatural Resources
Zambia Overtakes Colombia to Become World’s Top Emerald Exporter — Hichilema
President Hakainde Hichilema has announced that Zambia is now the world’s leading exporter of emeralds, surpassing Colombia, which had long held dominance over the global emerald market with between 70% …
- BusinessDigital EconomyFintechINVESTMENTMarketsNigeriaTechnology
Five Nigerian Fintechs Make CNBC’s 2025 List of World’s Top 300 Fintech Companies
Five Nigerian financial technology companies, PalmPay, Moniepoint, OPay, Piggyvest, and Interswitch, have been listed among the top 300 fintech companies in the world for 2025. The ranking was published by …
- Finance & ServicesFintechINVESTMENTMarketsTrade and Commerce
How Fintech Infrastructure is Powering the Modern Trading Industry
The financial technology industry, commonly known as fintech, emerged in its current form in the late 1990s and early 2000s. However, the roots of fintech can be traced back to …
The government of Portugal has announced a new upgrade to its job seeker visa, aimed at attracting more skilled professionals from non-EU countries, including Nigeria, from 2026. The upgraded visa …
The Federal Government has announced a temporary suspension of the ongoing recruitment process into Nigeria’s paramilitary agencies. The Civil Defence, Correctional, Fire and Immigration Services Board, also known as CDCFIB, …
- BusinessEconomyFinance & ServicesInsuranceINVESTMENTNigeria
Nigeria’s Insurance Firms Record Over N233 Billion Profit, Best Performance in a Decade
Nigeria’s top insurance companies are currently experiencing their most profitable period in over a decade, as a mix of rising interest rates, regulatory enforcement, and strategic investment choices propel their …